1. OVERALL AUDIT OUTCOMES ON HUMAN SETTLEMENTS 2014/15

2. 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.

3. Overview

4. Overall audit outcomes

5. Risk areas

6. 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