Gupta wedding under scrutiny as IRBA wraps up disciplinary of ex-KPMG auditor

2018-08-06 09:42

Payment for the infamous Gupta wedding came under scrutiny as the disciplinary hearing into the conduct of a former KPMG auditor who worked on the books of companies owned by the family wrapped up.

Gold Fields replaces KPMG

2018-07-23 13:30

Gold Fields has replaced KPMG with PwC as external auditors, with Pieter Hough as the designated audit partner for the financial year ending 31 December 2019.

UK authorities are investigating whether KPMG’s SA woes could sink the global firm, reports FT

2018-07-20 09:59

The Bank of England is concerned that KPMG's South African activities could jeopardise the rest of its international network.

How KPMG and McKinsey tanked their reputations in a year

2018-07-16 06:00

PR experts believe that, whatever the extent of a brand's crisis, you can recover if you handle it correctly. Both KPMG and McKinsey failed - something social media capitalised on, writes Tonya Khoury.

Ntsebeza inquiry: Claims that KPMG 'rogue unit' report was cut-and-paste job

2018-06-27 22:04

A former KPMG auditor allegedly was so "unprofessional and lazy" that he plagiarised information included in the SARS "rogue unit" report, the Ntsebeza Commission of Inquiry hears.

Sasfin drops KPMG and Grant Thornton Joburg as auditors

2018-06-19 17:13

The group announced it had appointed PricewaterhouseCoopers as its new auditor with immediate effect.

Another hammer falls on KPMG, McKinsey as Gauteng govt terminates contracts

2018-06-13 19:08

The Gauteng provincial government has taken key decisions related to contracts with auditing firm KPMG and consultancy McKinsey which are facing allegations of misconduct.

Loss of AG contract forces KPMG to close four regional offices

2018-06-04 20:15

The auditing firm will be closing four smaller regional offices and retrenching around 400 staff members, in part because of the termination of work it did for the Auditor-General.

KPMG, Saica part ways

2018-06-03 06:07

Troubled auditor KPMG has resigned as the SA Institute of Chartered Accountants’ (Saica’s) external auditor.

Exodus continues as Finbond dumps KPMG

2018-05-31 12:23

The JSE-listed mutual bank says its board of directors resolved it could no longer be associated with the auditor in the wake of 'well-publicised serious concerns'.

 

This loophole SA employees were using to dodge disciplinary hearings is now closed

2018-08-03 09:37

A landmark ruling has important implications for bosses and workers.

Finbond appoints new auditors after giving KPMG the boot

2018-07-22 14:30

Deloitte has been appointed as the new external auditors of Finbond Group Limited after the mutual bank dumped scandal-hit KPMG.

KPMG’s name has been stripped from a massive new Cape Town building, now renamed after a piece of rope

2018-07-18 15:32

KPMG's logo has also been removed from the latest renders of the building.

Ex-KPMG Gupta-firm auditor faces 6 charges at IRBA hearing

2018-07-04 21:29

Audit watchdog IRBA has started its disciplinary hearing of a former KPMG employee linked to the Gupta-owned firm which is alleged to have paid for a Gupta wedding with R26.3m of the state's money.

Ntsebeza inquiry: KPMG should have terminated relationship with Gupta entities

2018-06-26 20:59

Auditing firm KPMG should have terminated the relationship they had with the Gupta-linked entities as soon as there were red flags, says Adv. Tembeka Ngcukaitobi.

KPMG's audit quality unacceptable, says UK regulator

2018-06-19 11:37

KPMG’s audit work in the UK is of an unacceptable standard, says Britain’s accounting regulator, fueling calls to reform the industry.

OUTA launches parliamentary office, welcomes former ANC MP

2018-06-06 20:10

The Organisation Undoing Tax Abuse hopes to build strong ties with the office of the Auditor General and National Treasury through its new parliamentary office.

KPMG expects 400 people to leave as auditor reshapes business

2018-06-04 10:32

KPMG SA has announced it expects some 400 people to leave the firm as it shuts several regional offices.

Saica and KPMG part ways

2018-06-01 13:30

The South African Institute of Chartered Accountants’ Board has accepted KPMG’s offer to resign as Saica’s external auditors.

Delayed report on former KPMG employees to be released soon

2018-05-29 20:41

The inquiry into some former KPMG employees is now entering the final stages and the report will be released by the end of June, says Advocate Dumisa Ntsebeza.

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