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Deloot – how Deloitte gets away with it

The ‘Big Four’ audit firms – Deloitte, EY, KPMG and PwC – all play a systemic role in economic crimes and State Capture. The evidence suggests that these firms have prioritised profit over professional duties and the law. Accountability and reform of the industry are thus essential.
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IRBA refocuses strategy to enhance audit quality - International Accounting Bulletin

IRBA refocuses strategy to enhance audit quality Joe Pickard March 16, 2021 (Last Updated March 16th, 2021 12:27) Share Article South Africa’s Independent Regulatory Board for Auditors (IRBA) has refocussed its strategy with the aim of enhancing audit quality and to address gaps in the audit profession and the broader financial reporting ecosystem. The South African audit profession has faced a number of challenges in recent years following seve...
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Jenitha John: Don't throw the baby out with the bathw...

weekly newspaper. South Africans are a talkative, argumentative, critical lot. That is good in an emerging and let’s face it, struggling, democracy. We need to have the difficult conversations, we need to point out the frailties in our systems, in our institutions, and in our leaders. To lead in this country means that you put yourself on a pedestal and invite scrutiny of your efficacy in the position — because, God knows, we need good leaders. So scrutiny comes with the territory and requ...
South Africa South Africans Tongaat Hulett Peter Staude Markus Jooste Tito Mboweni

Accounting and Auditing in South Africa

13th annual Bookmark Awards - announcement of the 2021 jury chairs and jury panelsIn the run up to the 13th annual Bookmarks Awards, the IAB SA has announced the 2021 jury panels and their respective chairs. Comprising eight experts in their respective fields, the jury chairs together with their fellow panel judges will evaluate and award the latest and greatest in South African digital. Issued by IAB South Africa #Newsmaker: Thando Mafongosi, Grey Group Advertisings new strategy directorGrey G...
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Irba CEO Jenitha John quits over 'negative perception'

Irba CEO Jenitha John quits over ‘negative perception’ BL PREMIUM 16 February 2021 - 17:20 Garth Theunissen The Independent Regulatory Board for Auditors (Irba) says CEO Jenitha John has resigned less than three weeks after finance minister Tito Mboweni sacked the entire board of the auditing watchdog at the end of January. Irba, which oversees a local audit industry in crisis after audit failures at Steinhoff and Tongaat Hulett, has faced criticism for John’s appointment as CE...
Jenitha John Tongaat Hulett Garth Theunissen Tito Mboweni Independent Regulatory Board Financial Times

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