Auditing
latest news & developmentsBlockchain-based financial reporting has potential to empower SMMEs
It can eliminate the need for expensive and time-consuming manual audits, creating verifiable financial histories automatically, with minimal cost.
‘It is right that auditing is under scrutiny’ — Deloitte Africa CEO-elect
Incoming chief executive Ruwayda Redfearn says Deloitte has learned a lot about the importance of ‘professional scepticism’ from its corporate mishaps
South Africa’s audit independence tops World Bank rankings
Only two countries received a perfect score in latest report on national audit institutions
Blockchain tech can raise tax revenues
But the South African Revenue Service doesn’t yet have the skills and multiple users to adopt it
Balancing the books: Give the auditors some credit
This is an article in reponse to Khaya Sithole’s column on 14 November, The decline and fall of South Africa’s auditing profession
Covid-19 crisis: Audit offices must rise to the occasion
The government’s good work can easily be undone should the risks of fraud and corruption not be addressed proactively
The members of the National Lotteries Commission Board
They bring a strong commitment to change and development
Pattern of wasteful expenditure as audit regression increases
The Auditor General says over the last four years, more audit outcomes have regressed than improved
‘We are disappointed, but expect others to follow’ — KPMG on Nedbank
Nedbank announced on Monday that Ernst & Young and Deloitte & Touche would take over its external auditing
Manuel: SA auditors got too comfortable with being number one
South Africa’s auditing profession had been ranked first in the World Economic Forum’s Competitive Index for six years but has fallen from grace
New ombud in hot water over VBS
A housing scheme regulator invested R80m in the troubled bank. Now the minister has stepped in
KPMG expects 400 people to leave as auditor reshapes business
It will remain a ‘business of significant scale’, KPMG said, with more than 130 partners and 2 200 employees
Exodus continues as Finbond dumps KPMG
The JSE-listed mutual savings bank said KPMG’s appointment as external auditors would terminate at the end of June 2018
IDC appoints new auditors after dumping KPMG
This follows the decision taken by its annual general meeting not to reappoint KPMG, which had previously audited the IDC
WATCH LIVE: Auditor-General releases municipal audit results
Auditor-General Kimi Makwetu will report back on the audit results of the country’s municipalities for the 2016/2017 financial year