South African Institute Of Chartered
latest news & developmentsEnglish monolingualism gains the upper hand
South Africa’s failure to encourage multilingualism undermines progress
Former VBS CEO wants to challenge ‘bank heist’ report findings at ConCourt
The ‘Great Bank Heist’ report found that R1.9-billion had been looted from the mutual bank, implicating him along with at least 50 other individuals
Saica launches new bid to discipline ex-VBS bosses
The accounting body will on Thursday argue again that Tshifhiwa Matodzi and Andile Ramavhunga should be struck off the CA (SA) roll
KPMG appoints new chief executive
The beleaguered auditing firm has appointed a leader from outside the firm
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
Khaya Sithole Saica hearing to continue
Saica’s inquiry into chartered accountant, commentator and former Wits lecturer Khaya Sithole will resume on Wednesday
Finbond appoints new auditors after giving KPMG the boot
The bank’s audit committee recommended the appointment of Deloitte
Explosive Khaya Sithole affidavit casts shadow over Saica
An affidavit by the chartered accountant accuses Saica’s top leadership of lying, not following due process and covering up corruption
Saica starts disciplinary proceedings against former Eskom CFO Anoj Singh
Following a period of investigation, the professional body has decided to issue charges of misconduct against the chartered accountant
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
ARCHIVES: Broke SAA goes on spending spree
Since November, the new airline boss has splurged on new hires and brought in expensive consultants
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
SAICA and KPMG part ways
The institute of chartered accountants said it will now begin a tender process to appoint external auditors
Regulators must show their teeth
Statutory bodies have to redeem themselves given that so many executives walk away from scandals
The long road to transformation and equity
Experts agree that the implementation of broad-based black economic empowerment still leaves a lot to be desired.