KPMG Stops Consulting Work for JSE-listed Companies

KPMG South Africa has announced that it will not be taking up any non-auditing work for JSE-listed companies.

The auditing firm which is still cleaning up its image after the state capture and the VBS scandals said it will cease all future non-audit-related services to its listed audit clients from 31 March 2021, Fin24 reported.

The fact that firms have been providing consulting services to the same clients they are supposed to audit has largely been blamed for the recent scandals accounting, not just in South Africa.

Business Insider SA

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