Tag: Freeman Nomvalo
Municipal audit: public sector financial management must be professionalised
We have noted with concern the Auditor General’s report of the audit outcomes for local government, which showed that only 8% of municipalities received clean audits for the 2018/19 financial year, despite R1.26 billion being spent on financial reporting consultants.
Auditing Profession Amendment Bill released
The South African Institute of Chartered Accountants (SAICA) welcomes the gazetting of the Auditing Profession Amendment Bill (APA Bill), and commits to supporting initiatives aimed at improving the regulatory environment in order to restore trust in South African capital markets. SAICA is looking forward to making a positive contribution in this amendment process.
Ntsebeza Inquiry into conduct of SAICA Members employed by KPMG
In November 2017, the South African Institute of Chartered Accountants (SAICA) convened what is now known as the “Ntsebeza Inquiry” [also referred to as the Inquiry]. The aim of the Inquiry is that it should investigate, independently, allegations that some of its members who were/are employed by KPMG, had allegedly engaged in conduct in contravention of the SAICA Code of Professional Conduct.
SAICA appoints panel for KPMG enquiry
The Independent Inquiry has been convened by the South African Institute for Chartered Accountants (SAICA) after receipt of allegations that some of its members...
