KPMG

 
Three strikes against KPMG - now what?
Three strikes against KPMG - now what?
KPMG has been struck by three scandals over the past year that have dealt serious blows to its reputation.
KPMG exec embroiled in VBS probe
KPMG exec embroiled in VBS probe
A senior executive at auditing firm KPMG who was entrusted with restoring public trust amid the embattled company’s scandals is at the centre of...
Reserve bank: Banks are free to choose their own auditors
Reserve bank: Banks are free to choose their own auditors
The South African Reserve Bank (SARB) said it will not interfere in the processes banks follow in appointing auditors.
African Bank CEO up for a challenge
African Bank CEO up for a challenge
Basani Maluleke stepped into the role of African Bank chief executive this month well aware of the formidable challenges that lie ahead. With some...
Calls mount to split auditing firms
Calls mount to split auditing firms
The scandals engulfing major auditing firms, most recently KPMG’s failures at VBS Mutual Bank, have reignited critics’ calls for major action...
Auditor General cancels contracts with KPMG
Auditor General cancels contracts with KPMG
Auditor General Kimi Makwetu on Tuesday announced his office’s decision to terminate, with immediate effect, the government's auditing contracts...
Curator withdraws VBS's 2017 financial statements
Curator withdraws VBS's 2017 financial statements
The turmoil at VBS Mutual Bank deepened on Monday, when the bank’s curator announced he was withdrawing its most recent financial statements.
KPMG 'opening itself up to scrutiny' with review of 200 files
KPMG 'opening itself up to scrutiny' with review of 200 files
KPMG chairperson Wiseman Nkuhlu on Sunday announced that the beleaguered auditor will launch an "unprecedented" review of all its work done by...
Paper review: What's making the headlines in today's papers?
Paper review: What's making the headlines in today's papers?
Expensive whisky, pens, cash, traditional outfits, tickets and hotel stays for jazz festivals are among undeclared gifts valued at R6.3-million...
KPMG woes deepen after VBS bank scandal
KPMG woes deepen after VBS bank scandal
The two KPMG partners responsible for auditing VBS Mutual Bank had not disclosed the full extent of their financial interests in relation to the...
KPMG to review all work over the last-year-and-a-half
KPMG to review all work over the last-year-and-a-half
In order to regain public trust, KPMG chairperson Wiseman Nkuhlu announced on Sunday that the auditor will review all the work it has completed...

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