KPMG and other recent auditing scandals warrants more vigilance: IIASA

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May is International Internal Audit Month and the The Institute of Internal Auditors South Africa (IIASA)
calls on corporate South Africa to speak out on corporate wrongdoing and corruption as well as actively work toward building an ethical culture in their organisations.

The call comes after the auditing industry was hit by different scandals that saw companies such as KPMG’s public image being shattered.

This lead to both the internal and external audit professions coming under the spotlight in recent times following a litany of revelations relating to both the public and private sectors.

With over 8 000 members, the IIASA has also implored its members to speak out against unethical business practices as the country seeks to bolster its economic…

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