Thuto Masasa wins Young Accountant of the Year 2016 Kreston International, the global network of independent accounting firms, is pleased to announce that Thuto Masasa, Director at Kreston's firm in South Africa, Nkonki Incorporated, has won Young Accountant of the Year at the 2016 International Accounting Bulletin (IAB) and The Accountant (TA) Awards. The ceremony took place in London last...

Johannesburg – On 28 September 2016, assurance and advisory firm Nkonki announced the results of its sixth Annual State Owned (SOC) Integrated Reporting Awards, with top honours going to the Airports Company South Africa SOC Limited this year. In second and third place respectively were Telkom SA SOC Limited and Transnet SOC Limited. This is the first time in the history of the awards that three...

Johannesburg – Today, 28th September, assurance and advisory firm Nkonki hosts the 6th Annual Audit Committee Conference specifically focused on assisting Audit Committees of National Government Departments and State Owned Companies (SOCs) to cope with their fiduciary responsibilities and challenges. The one-day event takes place at the Gallagher Convention Centre, Midrand, Gauteng. The keynote...

The recent announcement by the Independent Regulatory Board for Auditors (IRBA) that it will begin a process to implement Mandatory Audit Firm Rotation (MAFR) in South Africa in an effort to strengthen auditor independence has been met by resistance from many stakeholders, including auditing firms. “Whilst MAFR is non-existent within the listed sector, it is indirectly implemented, in some...

The Independent Regulatory Board for Auditors (IRBA) announced at the Nkonki 6th Annual Audit Committee for Listed Companies held on Monday, 29 August at the Johannesburg Stock Exchange, that it will begin a process to implement Mandatory Audit Firm Rotation (MAFR) for audit firms to strengthen their independence from their clients. The Board’s decision to pursue MAFR is also aligned to its...

The appointment of Nkonki as joint auditor of Telkom is "a major step towards transforming the South African auditing profession", says managing partner Mitesh Patel in an exclusive interview with CFO South Africa. Last week Telkom shareholders approved Nkonki's appointment as external auditors with EY. "It also proves that shareholders recognise the ability for local black home grown firms to...

Nearly 25 years ago, one of the youngest chartered accountants in SA, Sindi Zilwa, founded auditing firm Nkonki Inc. Today, the 51% black female-owned company has more than 400 professional staff, writes Sue Grant-Marshall. Sindi Zilwa looks as if she’s stepped off the cover of a fashion magazine as she welcomes us to Nkonki Inc, her auditing firm’s imposing office block with its towering...

Nkonki’s Annual Audit Committee Conference continues to attract high-profile speakers. Dr Derek Yach, Head of the Vitality Institute, Discovery’s New York-based research think-tank, heads back to Johannesburg from New York this year to join the impressive line-up, which includes Bernard Agulhas, CEO of Independent Regulatory Board for Auditors (IRBA), Dr Len Konar and Linda De Beer, among...

Johannesburg, 4 April 2016 – Assurance and advisory firm Nkonki will be hosting a roundtable session exclusively for CFOs with Darrel Scott, Board Member of the IFRS Foundation. Scott, who is in Johannesburg for the occasion, will provide global and industry insights on the newly-released IFRS 16, issued on 13 January 2016, to CFOs from many of South Africa’s leading companies. “The session is...

Johannesburg, 25 November 2015 – Assurance and advisory firm Nkonki has released the findings of its fifth annual review of integrated reporting amongst the Top 100 Johannesburg Stock Exchange (“JSE”) Listed Companies (“Top 100”). Entitled “Insights into the Top 100* JSE Listed Companies Integrated Reporting Trends”, the report assesses how the Top 100 measure up in terms of applying the...

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