CFO Talks - Idea Sharing for CFOs
Problems in the Profession
Chapters
CFO Talks - Idea Sharing for CFOs
Problems in the Profession
May 22, 2019 Season 1 Episode 1
Ciaran Ryan / Nicolaas van Wyk

 Nicolaas Van Wyk says the accounting profession in SA was once regarded as the best in the world. That changed as one corporate and public sector scandal after another oozed off the pages of the daily press with dreadful monotony. The profession has lost public trust because it no longer practices professional skepticism. And behind this is the relentless drive to turn what should be a public good into a business. Accounting firms are turning a blind eye to irregularities where they should be pointing a blow torch. Nicolaas has some interesting suggestions on how to turn the profession around.