SAICA

The Ntsebeza Inquiry moving into hearings phase

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Johannesburg, 31 January 2018 - The Ntsebeza Inquiry established by the South African Institute of Chartered Accountants (SAICA), with the aim of independently investigating allegations that some of its members employed by KPMG allegedly engaged in conduct in contravention of the SAICA Code of Professional Conduct, is entering the next phase of its investigation.

Update on the Ntsebeza inquiry into the conduct of SAICA members employed by KPMG

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Johannesburg, 20 January 2018 - 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] with the aim 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. This followed the emergence of claims relating to unethical and unprofessional conduct in relation to audit work carried out by KPMG for both public and private sector clients and the South African Revenue Service.

Call for submissions: Inquiry into the conduct of certain SAICA members employed by KPMG South Africa

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Johannesburg, 24 November 2017 – The Independent Inquiry, initiated by SAICA on 2 November 2017 is calling for submissions by interested parties to make representations to the Ntsebeza Inquiry on the conduct of any member/s of SAICA employed by KPMG South Africa with regard to work conducted by the firm related to possible contraventions of the SAICA Code of Professional Conduct.

SAICA’s progress with the recommendations of the Ntsebeza Inquiry Report

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Johannesburg, 24 June 2019 - The South African Institute of Chartered Accountants (SAICA) established the Ntsebeza Inquiry in November 2017 following wide-spread reports of wrongdoing by KMPG relating to the audit of Gupta companies and the SARS Report amongst others. KPMG audited the group of Gupta companies that were implicated in corruption. KPMG also conducted the forensic investigation into SARS that culminated in a discredited report that caused significant damage to SARS.

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