1 BRIEFING SESSION ACCREDITATION OF AUDIT FIRMS TO RENDER THE INTERNAL AUDIT SERVICES 23 November 2015

Presentation Outline Background Role of SASSA Internal Audit function Recommendations 2

Purpose The purpose of the presentation is to: –Brief the services providers with regards to the Bid for accreditation of audit firms for the rendering of Audit services 3

BACKGROUND 4

VISION “A leader in the delivery of social security services” MISSION To administer quality customer-centric social security services to eligible and potential beneficiaries. SASSA’s Slogan Paying the right social grant, to the right person, at the right time and place. NJALO! 5

Background The primary focus Internal Audit is as follows : –Sole responsibility of providing the entire Agency with the Internal Audit Services, –Execution of an approved annual audit plan, –Coordinating and monitoring of all external audit services, –helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.” 6

Background 7 LocationDistrict Offices Local Offices Total Head Office, Pretoria001 Eastern Cape86573 Free State51419 Gauteng53843 KwaZulu-Natal57479 Limpopo54550 Mpumalanga44145 North West42428 Northern Cape52631 Western Cape51621 Sub-total The Structure of SASSA

Background The primary focus Internal Audit is as follows : –Capacity versus the scope of work –The purpose of the BID –Period : 3 years –How the process will unfold after accreditation –Co-sourcing –SLA 8

Types of Audits 9 The following audits are conducted by internal audit throughout the Agency: I.Compliance audits II.Performance information audits III.Risk based audits IV.Information Technology audits V.Investigation audits VI.Follow up on audits VII.Ad hoc projects

Expected output/Deliverables A detailed project plan A report of findings and recommendations in respect of exceptions Summary of issues that need further attention Skills transfer plan demonstrating how it will be done and a report to that effect A close out report on conclusion of the project 10

Mandatory Requirements 11 The service provider will be required to possess the following: Certified evidence of professional membership to one or more of the following professional bodies: SAICA (South African Institute of Chartered Accountants) ACFE (Association for Certified Fraud Examiners) IIA (Institute of Internal Auditors) ISACA (Information Systems and Control Association) And any other accredited professional bodies

Functionality Criteria DescriptionWeight Experience, skills and ability of the Audit firm to conduct internal audit assignments  11 years or more ( 40 points)  7 – 10 years ( 30 points)  4- 6 years ( 20 points)  1- 3 years ( 10 points) 40 12

Functionality Criteria DescriptionWeight Proposal should include contactable references should be presented in a form of a written letter and on official from clients where Internal Audit services have been provided.  Three contactable reference or more ( 30 points)  Two contactable reference (20 points )  One contactable reference (10 points) 30 13

Functionality Criteria DescriptionWeight Experience of the staff to be allocated of the project (Please provide CV)  Project leader with 11 years or more ( 20 points)  Project leader with 7– 10 years’ experience (15 Points )  Project leader with 4-6 years’ experience (10 points)  Project leader with 1 – 3 years’ experience ( 5 points) 20 14

Functionality Criteria DescriptionWeight Skills transfer to the Internal staff of the Agency 10 15

Questions ??????? 16

Thank you 17