Audit Master Class 6: Calculate Planning Materiality

Dave is currently a partner at Schindlers Attorneys and the CEO of Schindlers Forensics (Pty) LTD.He was previously a partner/ director and head of the forensics departments at several of South Africa’s largest and most prestigious law firms, including ENSAfrica, Werksmans, Bowmans,as well as a brief stint at Dentons, and also spent several years as in-house counsel for one of South Africa’s largest blue-chip listed companies, specialising in employment law and litigation.He started his career as a State (Federal) Prosecutor, and prosecuted the complete range of street crimes, including rape, murder, robbery, drug-dealing, fraud, theft, forgery and uttering, and numerous other crimes. In private practice he has extensive experience in litigation matters, forensic due diligence, prosecution and his focus areas are fraud risk assessment and fraud prevention, ABC compliance, white-collar crime investigations, detection and prevention. He also conducts highly sensitive investigations for the board and chief executive officers of numerous private sector companies and provides regulatory advice and training to the private and public sectors. He is also considered an expert in Cyber Crime as well as Employment Law. David is considered a leader in his field and has been regularly recognised by independent legal directories including the Chambers and Partners Global Guide as well as Best Lawyer.He has been widely and regularly interviewed in the media on fraud, corruption and white-collar crime and cyber-crime and regularly shares his insights at conferences and seminars both inside and outside of South Africa. 

 Lizette Volkwyn is a master life coach, published author, international keynote speaker, and one of only two certified PEI human lie detectors in South Africa.  She was born in Ladysmith, Kwazulu-Natal, and attended school in Germiston. Unable to attend university due to family circumstances, she started working as an administrative clerk and typist at a bank. Her passion for sales and marketing was sparked when she completed her estate agent diploma and joined the real estate industry, and her stint as realtor was followed by a corporate career in Office Automation and IT spanning more than two decades.  Despite her success, Lizette felt compelled to use her skills and knowledge to uplift others and help them realise their potential. This was the catalyst for the launch of her own consultancy. She embarked on a journey to obtain the necessary qualifications, completing her Master Life Coach course in 2012. This included a masters NLP Practitioner course. She also obtained her Positive Psychology certificate in 2020. In addition, she undertook the rigorous training involved in becoming a human lie detector to better understand her clients and to help them to rapidly achieve their desired results.  Today, in addition to her work as a human lie detector, Lizette offers personal life coaching, sales, leadership and communication training, self-discovery workshops, group coaching, and online marketing training. She has completed more than 25 000 one-on-one coaching hours with clients in more than 20 countries, and authored a book about self-discovery and exploration titled, Finding Me, which has sold more than 2 500 copies.  As a speaker Lizette has presented talks all over the world and has shared the stage with international thought leaders such as Robin Banks, Russell Fox, and Justin Cohen. She is also a regular guest on national radio stations, magazines, and international podcasts.  Lizette is often recognised for her work – in 2018 she was named one of the top three emerging entrepreneurs by Businesswomen of South Africa and was a Margaret Hirsch’s Businesswoman of the Year finalist. This was followed with a nomination for Changemaker SA in 2019, and Extraordinary Changemaker Africa in 2021. In 2021 she received a Business Excellence Award for Coaches and Mentors.  Lizette currently resides in Kempton Park with her husband of 36 years. The couple has three children and five grandchildren. 

Dr Jerry Chetty is a Senior Manager at Santam’s Business Integrity Unit and manages the Forensics, Ethics and Intelligence teams. Jerry has over 20 years investigation experience and knowledge in the detection, prevention, and investigation of insurance crime. Jerry is regarded as a subject matter expert on insurance crime within the short-term insurance sector and has spoken at several conferences both locally and internationally.  Jerry is an avid researcher on the topic of insurance crime and believes that research and knowledge sharingare powerful tools for forensic investigators. Jerry is currently redefining investigation methodology and creating the next generation forensic investigator at Santam to incorporate technology as a standard investigation tool. 
Qualifications 
Jerry has a PhD in Criminology, a LLM, LLB, BIuris, ND: Police Administration, Diploma in Victimology, Certificate in Anti-Money Laundering. 
Professional membership
 Jerry is:

• An Admitted Advocate of the High Court
  
• Chairperson of the Institute of Commercial Forensic Practitioners
  
•  Forensic Practitioner (SA)
  
•  Certified Fraud Examine
  
•  Certified Ethics Officer
  

Annemari is a Director in the Forensic Services Department at BDO and leads a team that makes a pivotal contribution through our National Risk Advisory Service to all our business sectors. She joined BDO in 2018 with the objective to establish a professional forensics team that could serve the Southern African market. Her team at BDO, with the support of BDO International, provides a comprehensive, integrated suite of Forensic Services, that specialise in fraud investigations, anticorruption compliance, forensic technology services and financial reporting disputes. Prior to her appointment at BDO, Annemari held various senior positions as a director or forensic consultant. Annemari started her career in the South African Department of Justice in 1984. By the time she left the Department to join a Labour Law Practice, she was both an experienced senior prosecutor and an experienced Magistrate. Her interest in labour related matters graduated to forensic investigations when she immersed herself in matters where she collaborated with the South African Police Service. These included several high-profile projects in Gauteng and the North West Province, on behalf of Local and Provincial Government, that successfully exposed and prosecuted corruption, fraud, statutory and other related offences where she acted as lead forensic investigator. Subsequently, she presided over and initiated in a multitude of disciplinary matters on behalf of the Auditor-General, Teta, Provincial Treasuries in the North West, Limpopo and Gauteng, Department of Health, Department of Sport and Recreation, City Power and Autopax in cases that involved the misuse or misappropriation of billions of rands. These positions often included work associations with preeminent law firms throughout Southern Africa. She is a valued member of the Executive Team with experience that spans more than forty years in criminal justice, forensic investigations and prosecutions.
Qualifications

•  B. Iuris Labour Law and Human Rights
  
•  M.Phil. Labour and Workplace Law
  
•  Certified Fraud Examiner (CFE)
  

 Willie Hofmeyr retired in 2019 as one of the 4 Deputy National Directors of Public Prosecutions in the National Prosecuting Authority. He established the Asset Forfeiture Unit in the NPA in 1999 and headed it until August 2015 when he was moved sideways to a meaningless position during the period of state capture.  He was reinstated as head of the AFU for 8 months in 2019 until he reached retirement age of 65.  During his tenure the AFU grew from just 3 staff members to over 150 and became a formidable force in the fight against crime and corruption, freezing about R15 billion in over 5 200 cases, and forfeiting R5 billion over 4 500 finalised cases.  He has served on several international expert groups on asset forfeiture and corruption for the United Nations, Commonwealth and other international bodies. Willie was also Head of the Special Investigating Unit from 2001 to 2011. It grew it from 67 to over 500 staff making a significant impact on corruption.  He was removed from the position by then President Zuma in 2011.  Prior to this, he was a Member of Parliament for the ANC from 1994 to 1999 where he played an important role in drafting the new Constitution and Bill of Rights, and many of the tough new laws to combat crime and corruption.  He left the ANC when he joined the NPA. Before to 1994 he worked as a student actuary and as a human rights lawyer in Cape Town.  He was also active in the leadership of the early black trade union movement in the 1970s, and was restricted and banned for 5 years in 1976.During the 1989s he worked for the UDF and ANC and was detained without trial for 2 weeks and later for 7 months.  Although he was arrested about 20 times, he has never been convicted of any offence.  After 1994 he was elected as a member of Parliament for the ANC and was very involved in the drafting of the new constitution.  As a senior member of the Justice Committee he was very involved in the proposing and drafting of many of the anti-crime and corruption laws at the time. . He left Parliament in 1999 to establish the new Asset Forfeiture Unit in the NPA in 1999 and headed it until August 2015 when he was moved sideways to a meaningless position during the period of state capture.  He was reinstated as head of the AFU for 8 months in 2019 until he reached retirement age of 65.  Under his leadership the AFU grew from just 3 staff members to over 150 and became a formidable force in the fight against crime and corruption, freezing about R15 billion in over 5 200 cases, and forfeiting R5 billion over 4 500 finalised cases.  He has served on several international expert groups on asset forfeiture and corruption for the United Nations, Commonwealth and other international bodies. Willie was also Head of the Special Investigating Unit from 2001 to 2011. It grew it from 67 to over 500 staff making a significant impact on corruption.  Prior to this, he was a Member of Parliament for the ANC from 1994 to 1999 where he played an important role in drafting the new Constitution and Bill of Rights, and many tough new laws to combat crime and corruption.  Willie resigned from the ANC when he joined the NPA. Prior to 1994 he worked as a student actuary and as a human rights lawyer in Cape Town.  He was also active in the leadership of the early black trade union movement in the 1970s, and was restricted and banned for 5 years in 1976. Later he worked for the UDF and ANC and was detained without trial for 2 weeks and later for 7 months.  Although he was arrested about 20 times, he has never been convicted of any offence.  He was released from a 6 months detention in after bring a court challenge that changed the law regarding the rights of prisoners.

Nico commenced his legal career, after obtaining his B.Iuris degree at the University of Potchefstroom. In the Criminal Court as a prosecutor and due to his specific skills shortly thereafter developed his prosecutorial career as a specialist in combating commercial crimes. In the SCCU he handled some noteworthy commercial matters reported regularly in the press and law journals, effectively changing the landscape, and more specifically related to the Law of Evidence.

Nico has now been in the private sector for an approximate 20 years and have been actively involved in the investigation and prosecution of matters relating to his expertise, namely commercial crimes, as well as in the securing of recoveries of losses suffered by corporate South Africa. His expertise has, however, evolved into many fields such as sexual harassment/assault, land grabs, robberies, intimidation and business espionage, to name a few. His legal background and prosecutorial experience have furthermore assisted in expediting matters through the criminal process by means of holding watching briefs during prosecutions. He has been outspoken in the protection of corporate South Africa against the onslaught of commercial crime and has a number of articles published in this regard. His commercial mind-set is based on the above foundation and to assist companies in recovery of prejudices suffered due to criminal activities and in the protection of corporate South Africa. He is furthermore a Non-Executive Director to the Board of company employing in excess of five thousand employees. In this regard he assists the Board to ensure that the organization is compliant to legislation and to King IV, with due recognition of the adherent risks associated with continued viability.

Professional memberships

Keeran has over 20 years’ experience in Forensic Investigations, Fraud Risk Management, Dispute Advisory and Anti-Money Laundering. He is a Chartered Accountant, holds a Certificate in Money Laundering Control, an Affiliate member of the Association of Certified Fraud Examiners (ACFE) and a full member of the Institute of Commercial Forensic Practitioners.
Keeran is currently the director at Mazars Forensic Services in Johannesburg responsible for all forensic matters including dispute advisory.
Keeran has successfully performed a number of high profile fraud and/or corruption investigations and has also developed, implemented and monitored Fraud Risk Management Plans/Strategies for clients in the public and private sector.
Keeran is currently the Chairperson of the International Association of Financial Crime Investigators Conference Committee