South Africa

Details

  • Service: Infrastructure, Marketing and Communications
  • Type: KPMG information
  • Date: 2013/11/18

Transparency Report 2013 

KPMG’s commitment to audit quality promotes confidence in the KPMG brand and specifically to clients’ financial reporting – and therefore to a direct contribution to the stability of the capital markets. The report contains useful insights to the firm’s efforts to continuously enhance audit quality.
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KPMG in Southern Africa  implements KPMG International policies and procedures and adopts additional systems of quality controls that are designed to meet the rules and standards issued by the Independent Regulatory Board for Auditors (IRBA) and other relevant regulators as well as local legal and other requirement

 

KPMG International policies are based on professional standards issued by the International ethics Standards Board for Accountants (Ie SBA) including International Standard on Quality Control 1 (ISQC1) relevant to firms that perform statutory audits and other assurance and related services engagements. These policies and associated procedures are designed to guide member firms in complying with relevant professional standards, regulatory and legal requirements and in issuing reports that are appropriate in the circumstances.