19 Sep 2017
Mandatory rotation of auditors too late to prevent KPMG scandal
By Janice Roberts
The KPMG fall-out after the Gupta-related entity audits and the South African Revenue Service (SARS) “rogue unit” report must be the biggest scandal so far in the South African audit profession. On 15 September 2017 KPMG CEO Trevor Hoole, chief operating officer Steven Louw, chairperson Ahmed Jaffer and five senior executives resigned “in the best...