Is President Cyril Ramaphosa’s anti-corruption stance starting up to endure fruit in the accounting on public funds?
That is the quiz after an improvement in the submission of credible financial information in provincial and national government departments and entities in the 2019/20 financial 365 days.
Greater than 50% of government departments and state entities submitted credible financial information in the 365 days beneath review.
This was presented by the auditor-frequent, Tsakani Maluleke, in the course of her presentation of audit outcomes in Pretoria.
Seventeen percent of the auditees done a smartly-organized audit, while 40% scored unqualified audit opinions.
There was a decrease in disclaimer audit opinions and qualified audit opinions over the comparable period.
Overall, stated Maluleke, 57% of the total expenditure finances in the 2019/20 financial 365 days was spent by government entities that were “in a position to contemporary credible financial information”.
“The outcomes indicate that we possess now seen a limited increase in the number of smartly-organized audits. A smartly-organized audit is that audit consequence where there has been evidence of credible financial information and authentic efficiency information and having no unfavourable finding on compliance matters,” she stated.
“The smartly-organized audits, there might perhaps well furthermore were more. Nonetheless we comprehend it is more durable to assist a smartly-organized audit than to catch it. To protect a smartly-organized audit one of the key pillars is set stable administration to force decisive internal administration measures and making employ of penalties when issues crawl wicked and fix on an ongoing basis.”
Another particular in these audit outcomes was the good buy of irregular expenditure from R66bn to R54.3bn.
Nonetheless Maluleke stated this was now not to be celebrated as a consequence of 31% of auditees, totalling 118 entities, “were now not disclosing their irregular expenditure” as a consequence of of doubt about completeness of what they declared.
“There is basically no reason to celebrate.”
Maluleke expressed a bunch of issues, in particular about provide chain administration and procurement of goods and products and providers in the public sector.
Amongst these was the ongoing ache about public servants who elevate out exchange with the state while they are conflicted.
She stated there were circumstances were documentation supporting transactions amounting to billions of rand might perhaps well now not be stumbled on.
“Once we did the right time audits last 365 days and we appeared at transactions three months after the truth, there were circumstances where transactions possess long past by the books and banks accounts however we can not uncover the documentation to confirm how the tender was awarded.
“That tells you that one thing is wicked. This has been the feature at some point of our audits over a bunch of years, it is an indicator of weaknesses in accountability which we ought to push assist against.”
by Auditor-frequent Tsakani Maluleke released audit outcomes for national and provincial government departments in 2019/20 on Wednesday.
File photo. Narrate: Freddy Mavunda