News Formal

State capture inquiry: PwC admits mistake in not saying SAA had not complied with public finance act

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

PwC auditor, Pule Mothibe, has conceded that the company misled the public by omitting to state in its audit report that SAA had not complied with the Public Finance Management Act (PFMA)

He conceded to a statement that without the files they were not able to complete all the necessary steps in the audit.

“We considered all the evidence provided for audit purposes and applied judgment and at that stage, our view was that there was no material non-compliance,” Mothibe told the commission.“We should have mentioned the non-compliance with the PFMA,” he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PwC auditor reveals at Zondo inquiry SAA did not comply with public finance actPwC says missing files were reported to audit committee
Source: BDliveSA - 🏆 12. / 63 Read more »

State capture inquiry: PwC admits mistake in not saying SAA had not complied with public finance actPwC auditor, Pule Mothibe, has conceded that the company misled the public by omitting to state in its audit report that SAA had not complied with the Public Finance Management Act (PFMA).
Source: SowetanLIVE - 🏆 13. / 63 Read more »