Steinhoff audit committee chair, Dr Steven Booysen has revealed that the company’s supervisory board was first informed of problems with the year-end audit on...

When Barclays Africa announced that it would sever ties with its external auditor KPMG, it said it could no longer support its reappointment in...

A number of employees at auditing firm Nkonki Inc’s Sunninghill office have received job offers, signed new contracts and are attending interviews, as the...

Embattled KPMG SA is reviewing its business model and will be assessing how large it needs to be and how long it will take...

A few errant auditors have wreaked havoc on the auditing profession. The Independent Regulatory Board for Auditors (IRBA) CEO, Bernard Agulhas, says that it...

Currently, a number of audit firms in South Africa are under scrutiny. The Auditor General Kimi Makwetu announced on 17 April 2018 that his office...

In a survey of more than 250 experts and leaders at financial institutions throughout the world’s major financial centersit was found that regulatory divergence costs...

Section 8E of the Income Tax Act, 1962 (the Act) applies to inter alia deem a share to be a hybrid equity instrument if certain requirements...

Audit firm Nkonki’s largest office has applied for voluntary liquidation, after the auditor-general’s decision to terminate its contracts with the company scuppered plans by...

A British politician famously tried to distinguish between misleading impressions and lies by saying the former was perhaps being “economical with the truth”. More recently,...