Media statements
AGSA undertakes real-time audits on flood relief
PRETORIA – The auditor-general (AG), Tsakani Maluleke, welcomed President Cyril Ramaphosa’s call for flood disaster relief funds meant for the KwaZulu-Natal and Eastern Cape provinces to be properly accounted for, and for the state and its people, to receive value for money.
AGSA CFO “raising the bar of excellence” – Awca
PRETORIA – The African Women Chartered Accountants (Awca) has selected Bongi Ngoma, former AGSA CFO and current national head of audit, as the winner of the prestigious award of the 2021 public sector CFO of the year.
Auditor-General of South Africa (AGSA) sets the record straight on the termination of contracts with audit firms KPMG and Nkonki Inc.
PRETORIA – Auditor-General (AG) Kimi Makwetu says he has noted some misleading statements about his office’s decision to terminate the auditing contracts with KPMG and Nkonki Inc.
Auditor-General of South Africa terminates its auditing contracts with audit firms, KPMG and Nkonki Inc.
PRETORIA – Auditor-General (AG) Kimi Makwetu has announced his office’s decision to terminate, with immediate effect, the auditing contracts with KPMG and Nkonki Inc., who do public sector audits on behalf of the Auditor-General of South Africa (AGSA).
Western Cape’s MFMA 2012-13 audit outcome highlights
The Western Cape has one metropolitan municipality, five district municipalities, 24 local municipalities and two municipal entities. Thirty of the 32 auditees (94%) submitted their financial statements for the 2012-13 financial year within the prescribed timelines. Fifty-six per cent (56%) of auditees prepared and submitted reliable and useful performance information that was supported by an adequate audit trail.
Auditor-General encouraged by emerging positive trend in local government audit results, but calls on government leadership to intensify drive towards total good governance
PRETORIA – Fifteen municipalities and two municipal entities improved their previous year’s audit outcomes to progress to financially unqualified opinions with no findings (commonly known as a ‘clean audit’), increasing the number of clean audits to 30 in the 2012-13 financial year, Auditor-General (AG) Kimi Makwetu announced today. Overall, there were 63 improvements in different categories of audit outcomes against 25 regressions.
Eastern Cape MFMA 2012-13 audit outcomes highlights
Eastern Cape has two metropolitan municipalities, six district municipalities, 37 local municipalities and 10 municipal entities. Fifty-two auditees (95%) submitted their financial statements (AFS) for the 2012-13 financial year for audit within the prescribed timelines, while Makana, Ngqushwa and Sundays River failed to do so. However, the financial statements submitted by most municipalities were again of poor quality, resulting in an unacceptable high level of material audit adjustments needed to produce credible financial statements.
Free State’s MFMA 2012-13 audit outcome highlights
Free State has one metropolitan municipality, four district municipalities, 19 local municipalities and three municipal entities. The Nala municipality’s financial statements were received too late for inclusion in the general report. Of the 26 auditees, 23 (88%) submitted their financial statements for the 2012-13 financial year within the prescribed timelines. All (100%) the financial statements and annual performance reports submitted for audit purposes contained material misstatements.
Gauteng’s MFMA 2012-13 audit outcome highlights
Gauteng has three metropolitan municipalities, two district municipalities, seven local municipalities and 25 municipal entities. All 37 auditees submitted their financial statements for the 2012-13 financial year for audit within the prescribed timelines. Sixty-eight per cent (68%) of auditees prepared and submitted reliable and useful financial performance information that was supported by an adequate audit tr
Limpopo’s MFMA 2012-13 audit outcome highlights
Limpopo has five district municipalities, 25 local municipalities and 2 municipal entities. At the date of finalisation of the general report, the results of six municipalities and one municipal entity were not yet available. Of the total of 25 auditees reported on, only 12% had prepared and submitted reliable and useful financial performance information that was supported by an adequate audit trail.
Mpumalanga’s MFMA 2012-13 audit outcome highlights
Mpumalanga has three district municipalities and 18 local municipalities. All 21 auditees submitted their financial statements and annual performance reports for the 2012-13 financial year for auditing within the prescribed timelines.
North West’s MFMA 2012-13 audit outcome highlights
North West has four district municipalities, 19 local municipalities and four municipal entities. All auditees submitted their financial statements for the 2012-13 financial year for audit within the prescribed timelines.