AECI Limited - Audited Consolidated Financial Results and Final Cash Dividend Declaration for the year ended 31 December 2023
AECI LIMITEDShare code: AFE ISIN: ZAE000000220...
Source: marketscreener.com
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Godongwana keeps maximum fines for rogue auditors at R25m
While the industry clears its investigations backlog by 30% in a three-year period.
Source: moneyweb.co.za
SA auditors' homes can be targeted as part of regulator's new search-and-seizure powers
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.
Source: news24.com
VBS liquidator sues KPMG SA for R863m after it signed off on fraudulent financials
VBS liquidator Anoosh Rooplal is going after KPMG SA to try to recover some of the funds lost in large-scale fraud that the firm's 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, Anoosh Rooplal is suing KPMG SA for R863.6 million plus interest for signing off the bank's 2017 financial statements as correct when there were material statements and fraud that should have been gla...
Source: news24.com