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January 8, 2024
While the industry clears its investigations backlog by 30% in a three-year period.
April 7, 2022
The new disciplinary rules for auditors came into effect this month. This means that the IRBA now has the authority to search and seize evidence from registered auditors.
February 24, 2021
VBS liquidator Anoosh Rooplal isย going after KPMG SA to try to recover some of the funds lost in large-scale fraud that the firms auditors failed to report. They filed summons at the Johannesburg High Court on Tuesday. The summons shows that KPMG lead audit partner on the VBS account Sipho Malaba was severely conflicted when he took on the account. Liquidator of the defunct VBS Mutual Bank,ย Anoosh Rooplal is suing KPMG SA for R863.6 million plus interest for signing off the banks 2017 finan...