The South African Institute of Chartered Accountants (Saica) will on Friday release the results of last year’s professional competence assessments amid a brewing race row over a cheating scandal that will see some candidates’ outcomes withheld.
This after irregularities were detected with the professional competence assessments when two trainees at PwC’s Port Elizabeth and East London offices distributed confidential client information to colleagues during preparations for the exams. The information quickly spread to other firms including KPMG and EY.
PwC dismissed 11 trainee accountants after they were allegedly caught up in the cheating scandal that has rocked some of the country’s top auditing firms.
The blow-up has seen the Tshwane division of the Association for the Advancement of Black Accountants (Abasa) accusing PwC of racism for targeting only black candidates, with the group approaching the higher education minister to intervene.
In November, candidates wrote the professional competence and qualifying examinations, which pave the way for Saica registration…
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