It goes to the heart of auditor rotation… We only have a handful of big auditing firms…— Stephen Kennedy-Good, Norton Rose Fulbright
The Companies Amendment Bill proposes that the auditors’ five-year period at companies be reduced to two years.
This provision is designed to ensure that an auditor remains independent of the company she or he audits.
Click or tap here for the key proposals.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator Pavlo Phitidis.
The Money Show’s Bruce Whitfield interviews Business Day financial journalist Warren Thompson.
Bruce Whitfield asks Galileo Capital Financial Advisor Warren Ingram about the cost of educating a child overseas.
It will pay R16 billion to outright own Morocco’s Saham Finances SA. Bruce Whitfield interviews Sanlam Group CEO, Ian Kirk.
It’s not the beginning of the end of Tencent, says portfolio manager Francois Strydom, despite it losing R3.2 trillion in value.
The Money Show’s Bruce Whitfield interviews Pillai for his weekly (on a Wednesday) “ShapeShifter” feature.
BBC World News journalist, Lerato Mbele-Roberts shares a personal story of her experience at her Alma Mater (St Mary's School).
On the #WeekendBreakfast with Africa Melane, Zolani Mahola of Freshlyground tells us all about her first solo project.
The South African Weather Service is predicting some much-needed rain over some parts of South Africa over the weekend.
Private eye Paul O'Sullivan says the Sunday Times was an integral part of state capture and needs to come clean or face a boycott.
Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.
Check out the videos, tweets, Facebook posts that have gone viral and why this kid cheered her dad on in the toilet.