The Independent Regulatory Board for Auditors (Irba) now has 237 matters under investigation, representing 6.5% of the auditors registered with it. Irba oversees the auditing profession.

Irba director of investigations Jillian Bailey said 31% of the investigations are high-profile cases. Among the high-profile matters under investigation are VBS Mutual Bank, Steinhoff, Tongaat Hulett and EOH, which were hit by accounting scandals...

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