Posts

AEPF: SA professionals do have ethical courage

Professionals working in the auditing and accounting fields in South Africa are generally keen to report unethical behaviour within their fields, provided the conditions under which they do so are conducive and supportive. There are risks involved in exposing corruption or unethical behaviour, and if companies and professional bodies do not curb incidents of intimidation, Read more >

How ordinary citizens can punish unethical conduct

By David Lewis First published on Business Day The survey on ethical practices in the auditing and related professions conducted by the Anti-Intimidation and Ethical Practices Forum (of which Corruption Watch is a founding member) is important precisely because of its focus on ethics. The one principle of the rule of law that has been Read more >

CW: KPMG, McKinsey must be investigated

CW weighs in on KPMG and McKinsey’s alleged involvement in Gupta-related business dealings Corruption Watch strongly endorses the investigation by the Independent Regulatory Board for Auditors into allegations of improper conduct of auditing firm KPMG, in particular its 2014 audit of Linkway Trading, the company alleged to be involved in the related Free State dairy Read more >

KPMG: ABC compliance still a big challenge

KPMG released its latest global anti-bribery and corruption survey earlier in September. The report, titled Anti-Bribery and Corruption: Rising to the challenge in the age of globalization, analyses some of the key risks companies face when dealing with bribery and corruption. The survey was completed in October 2014. The auditing company polled 659 respondents around the Read more >

‘Government under attack from its own people’

The government sector across the continent got the heaviest beating in KPMG’s recently released Africa Fraud Barometer, developed to provide a bigger picture of fraud prevalence on the continent. According to the tool, reported cases of fraud decreased from 520 in the second half of 2011 to 503 cases in the first half of 2012, Read more >