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March30

KPMG did so much wrong. Now, it’s doing right

It is refreshing to see a recent article by the hugely respected Professor Wiseman Nkuhlu, now Executive Chairman of KPMG SA, frankly and openly acknowledging the effects of the reputation-damaging conduct by rogue auditors in the name of KPMG SA in recent years.  I like the fact that Nkuhlu was not simply ‘hastily generic’ in
  • Posted by donvalley
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October24

Brands in shining armour

When respected personalities are brought in to clean up following political and corporate scandals, we must ask: are their personal brands enough to inspire trust?    President Cyril Ramaphosa Former President Jacob Zuma called on (now) President Cyril Ramaphosa to join him as running mate for a second term in office, in 2014, amid growing
  • Posted by donvalley
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January31

Time for the auditing world to stop pulling the wool over our eyes

WISEMAN Nkuhlu, the incoming chairperson of KPMG South Africa – respected in his own right for a sterling career that has spanned several decades – is acutely aware of the value of reputation.  I can even bet that he would rather invest in a sterling reputation than in bitcoin. He is reported in a recent
  • Posted by donvalley
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December13

Steinhoff vs state capture: which is the lesser of two evils?

SOUTH Africans seem to be divided roughly into two main camps when it comes to their views on corruption. On the one hand, there are those who are totally angered by Zupta-driven state capture and general corruption in various levels of government and the public sector.  On the other hand, the focus and fascination of
  • Posted by donvalley
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October04

Why KPMG should fall

A PART of me would like to muster the necessary ubuntu to sympathise with people who argue that KPMG should not be allowed to fall as a result of bad conduct by, ostensibly, only a few senior consultants.  Accordingly, it would not be fair to make the claimed 95% of the KPMG employees, who apparently
  • Posted by donvalley
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