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Just not good enough KPMG! CEO Hoole ducks, dives over Gupta scandal
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<blockquote data-quote="AlleyCat" data-source="post: 803378" data-attributes="member: 2194"><p>An excellent article and one can only hope for some kind of urgency, action and redress:</p><p></p><p>https://www.dailymaverick.co.za/article/2017-09-11-op-ed-the-kpmg-failure-ethical-test-for-sa-business-and-company-directors/#.WbeKePMjHIU</p><p></p><p>"From the perspective of the governance of societal resources, both in the public and private sectors, external auditors play a critical role in ensuring good governance and compliance with ethical codes such as truthful or facts-based reporting, integrity, reliability and transparency. So external auditors and their reputation matter beyond measure.</p><p></p><p>...it has become clear that corruption is not confined to the public sector, political leaders and the executives of state-owned companies. In fact, it has become clear that in today?s complex and globalized financial markets, no serious corruption can be sustained without an intricate and close working relationships among sophisticated and competent private sector professional firms and those who hold high offices- whether in public or in the private sector."</p></blockquote><p></p>
[QUOTE="AlleyCat, post: 803378, member: 2194"] An excellent article and one can only hope for some kind of urgency, action and redress: https://www.dailymaverick.co.za/article/2017-09-11-op-ed-the-kpmg-failure-ethical-test-for-sa-business-and-company-directors/#.WbeKePMjHIU "From the perspective of the governance of societal resources, both in the public and private sectors, external auditors play a critical role in ensuring good governance and compliance with ethical codes such as truthful or facts-based reporting, integrity, reliability and transparency. So external auditors and their reputation matter beyond measure. ...it has become clear that corruption is not confined to the public sector, political leaders and the executives of state-owned companies. In fact, it has become clear that in today?s complex and globalized financial markets, no serious corruption can be sustained without an intricate and close working relationships among sophisticated and competent private sector professional firms and those who hold high offices- whether in public or in the private sector." [/QUOTE]
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Just not good enough KPMG! CEO Hoole ducks, dives over Gupta scandal
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