Apr 29, 2021
DEPARTMENT: EDUCATION & TRAINING DEPARTMENT
This role entails the regulating, monitoring and evaluating of Auditors for the Independent Regulatory Board of Auditors
LOCATION: MODDERFONTEIN
CLOSING DATE: 30 APRIL 2021
REQUIREMENTS
Professional body membership Certification
DUTIES
Professional body accreditation: co-ordination and administration
Professional body monitoring: co-ordination and administration
CPD monitoring and Evaluation
Business process development for ET Department
Manage and respond to the needs of stakeholders
Education & Transformation administrative support as required
SKILLS AND PERSONAL ATTRIBUTES
Research skills
Desired Skills:
project management skills
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Justice must not only be done, justice must be seen to be done. 00:01
A complainantâs tenacity has highlighted how auditor failures âenabledâ the procurement corruption that helped bring SAA to its knees. Image: Guillem Sartorio, Bloomberg
In South Africa nothing exemplifies the arcane and sheltered world of auditing and all its attendant woes quite as much as the consent order system that underpins the Independent Regulatory Board for Auditors (Irba) disciplinary system.
The near-pointlessness of this system is demonstrated by the boardâs quarterly newsletter, which provides a brief description of matters investigated and finalised by consent orders.
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Disciplinary committee chair dismisses application for recusals of two committee members. 00:01
About 18 000 investors invested an estimated R5bn in Sharemax Investmentâs schemes. Image: Moneyweb
The Independent Regulatory Board for Auditors (Irba) disciplinary hearing against the three former auditors to the failed Sharemax Investments property syndication schemes is set to continue.
This follows a decision by Advocate Anthea Platt, chair of the disciplinary hearing, dismissing an application by Advocate Mike Maritz, appearing for the three auditors, for the recusal of Suren Sooklal and Horton Griffiths, two members of the disciplinary hearing committee.
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KPMG focused on rebuilding public trust
By Edward West
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CAPE TOWN - KPMG SOUTH Africa last year turned down four private and listed companies as clients because they did not meet the accounting firmâs criteria on its duty to the public interest.
This was according to chief executive Ignatius Sehoole, who wrote in the firmâs third integrated report for its 2020 financial year released yesterday that âour first duty to the public interest is becoming second nature at KPMGâ.
This was after a tough three years at KPMG following its confession in 2017 that it published a misleading report on the South African Revenue Service (SARS), doing work for the Gupta family and turning a blind eye to corruption as an auditor for the collapsed VBS Mutual Bank. Some of the biggest companies in South Africa replaced KPMG as its auditors due to the scandal.
The Association for the Advancement of Black Accountants of Southern Africa (ABASA) has announced a partnership with KPMG SA to give black firms more exposure. (Photo: Gallo Images)
The Association for the Advancement of Black Accountants of Southern Africa (ABASA) has announced a partnership with KPMG SA to give black firms more exposure.
As the big four accounting firms continue to dominate South Africa s accounting and auditing industry, calls for transformation are growing.
KPMG says it will be rotating smaller ABASA members on projects because the current subcontracting arrangements give exposure to very few of them.
KPMG SA seems to be pulling all stops to try and win South Africans affection again. The company announced on Tuesday that it has partnered with the Association for the Advancement of Black Accountants of Southern Africa (ABASA) to provide market exposure to smaller black-owned auditing firms.