The world is changing fast and to keep up you need local knowledge with global context.
The first most people heard of VBS Mutual was when it emerged that the bank had given former president Jacob Zuma a loan.
Staff at KPMG are embarrassed and some even regret their decision to join the Big Four firm, says Accountancy Daily.
Former KPMG accountant Jacques Wessels, who was responsible for auditing the financial statements of Gupta-owned Linkway Trading, has been barred from using the CA (SA) designation by SAICA.
The directors of Sygnia took the decision to look for alternative external auditors given their unsatisfactory engagement with Deloitte and the reputational risk associated with the firm.
South Africa’s manufacturing sector has perked up, with more cars, electronics, metal products and furniture produced than expected.
KPMG, whose reputation in South Africa is almost terminally tarnished following its controversial “rogue unit” report, is being probed in the UK.
The former KPMG auditor at the centre of a huge corruption scandal in South Africa has been struck off by the local accounting watchdog after admitting six charges of improper conduct.
Accounting giant KPMG has been blessing the books of General Electric (GE) for 110 years, but the next audit poses significant risks for both companies.
In an article on the Accountancy Age website, KPMG CEO Nhlamulo Dlomu is painted as the CEO who presided over KPMG as its South African employees got their hands dirty.
KPMG, the auditor that shed clients and staff after scandals in South Africa, apologises for its “misdeeds” and wants a second chance.