Irba
latest news & developmentsKhaya Sithole: The decline and fall of the South African auditing profession
Its reputation is not being helped at all by the crisis at its independent regulatory body
‘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
Saica to take action against accountants implicated in VBS Bank ‘heist’
Saica’s members that are implicated include former CEO Andile Ramavhunga and former holding company Vele Investments chairperson Tshifhiwa Matodzi
Lack of funding limits probes into auditors, MPs told
IRBA cannot afford to hire more investigators
Auditors’ watchdog IRBA gets teeth with new Bill
In a Financial Matters Amendment Bill released for comment, treasury proposed changes to the Auditing Profession Act, the law that created IRBA
Gupta wedding under scrutiny as IRBA wraps up disciplinary of ex-KPMG auditor
Jacques Wessels, who audited Linkway Trading accounts, is facing six charges relating to improper conduct and tax evasion
Ex-KPMG auditor faces charges over Gupta-firm
The Independent Regulatory Board of Auditors seeks to establish whether Jacques Wessels was ‘grossly negligent on several occasions’
‘Please Call Me’ inventor agrees to Vodacom gag order
Vodacom approached the High Court to seek an interdict to prohibit Nkosana Makate from disclosing any information to outside parties
Banks weather tough climate but brace for new auditing standards
The banking sector has fared well despite a difficult economic climate
Auditing watchdog snowed under as 5 investigators struggle with 150 cases
The Independent Regulatory Board for Auditors admitted to Parliament on Wednesday that it has resource constraints
KPMG acknowledges its failings damaged auditing profession
KPMG South Africa has seen an exodus of clients in recent weeks; the Auditor General, Barclays Africa, Sibanye-Stillwater and Redefine Properties
KPMG woes deepen after VBS bank scandal
The revelations are another blow to the auditing firm, which has battled to restore its credibility after allegedly assisting Gupta-linked companies
Gigaba talks the talk on public sector corruption
At the top of the 2018 Budget was renewed vigour in tackling corruption that had become commonplace in the public sector
KPMG suffers another blow on #GuptaLeaks fallout
KPMG has been widely criticised for not probing the R30-million payment used to fund the now infamous Gupta wedding
Audit watchdog sharpens its fangs
The IRBA is legally mandated to ensure the public can trust that audits are clean