The functions of the AGSA are described in section 188 of the Constitution and further regulated in the Public Audit Act, 2004
(Act 25 of 2004)
Public Audit Act
Audit act amendments aim to foster clean governance in the public sector
Parliament’s unanimous vote to give our office extended powers has recently assumed centre stage in our public discourse. President Cyril Ramaphosa signed into law and endorsed changes that expanded our public sector audit mandate. Subsequently, the president proclaimed 1 April 2019 as the commencement date of Public Audit Amendment Act.
Evolution of the public audit act
The functions of the AGSA are regulated through Acts passed in Parliament. This is how they have evolved over the years.
- What are the key ammendments to the Public Audit Act?
- What is a Material Irregularity (MI)?
- What process will be followed when Material Irregularities are identified during an audit?
- How will the referral process work?
- When does the AGSA issue remedial actions?
- What process will be followed when issuing a certificate of debt?