OVERALL AUDIT OUTCOMES ON HUMAN SETTLEMENTS 2014/15

Reputation promise/mission The Auditor-General of South Africa has a constitutional mandate and, as the Supreme Audit Institution (SAI) of South Africa, exists to strengthen our country’s democracy by enabling oversight, accountability and governance in the public sector through auditing, thereby building public confidence.

Overview

Overall audit outcomes

Risk areas

Overall root causes and recommendations for improvements in audit outcomes Controls over daily and monthly processing and reconciling of transactions were inadequate leading to material adjustments to AFS and APR Compliance with applicable legislation not adequately monitored Instability or vacancies in key positions Lack of consequences for poor performance and transgressions Recommendations: Monthly preparations of financial statements with all relevant disclosures reviewed by management and internal audit Reviewing evidence provided to support achievement of targets Utilisation of a compliance checklist for SCM Prioritisation of filling key positions Measures for consequence management for repeat non-compliance