LETTER: Can PwC be trusted in Steinhoff probe?

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LETTER: Can PwC be trusted in Steinhoff probe?
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The recent appointment of Jenitha John as the new CEO of Irba is even more worrying

leads me to ask whether we can rely on PwC to do a proper and thorough job .

The accounting profession has taken a number of damaging and humiliating hits in recent years, with firms such as KPMG and Deloitte being exposed as somewhat less than professionally reliable, even criminally negligent, in their oversight function. Even more worrying is the recent appointment by the Independent Regulatory Board for Auditors of Jenitha John as its new CEO.

John brings with her all the baggage of her tenure as an executive board member and chair of the audit committee at the financially compromised Tongaat Hulett group, and surely has many difficult questions to answer over its audited statements fiasco.

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BDliveSA /  🏆 12. in ZA

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