1. The Role of Internal Audit within City of Tshwane Presenter: OBED THENGA, CHIEF AUDIT EXECUTIVE, CITY OF TSHWANE

2. Contents Structure of IA within CoT Functions performed at IA Role of IA on Corporate Governance Role of IA on the GDS 2055 Conclusion

3. CoT Group Audit and Risk structure Group Audit & Risk Internal audit services Specialised Services Forensic and Investigations Risk Management

4. Functions performed at IA IA functions’ planning /approach is informed by the strategy of the CoT and its Municipal Entities and align it with business performance. Audited areas are identified in line with approved risk register (risk based plan ) Audit and performance Committee approves the IA plan to Mayoral Committee and Board of Directors of the Municipal Entities. Mayoral Committee takes cognizance and recommends approval of IA plan to Council.

5. The following functions/audits are conducted Compliance audits IT audits Performance audits Forensic investigations Other requests from Management, Mayoral Committee (adhoc audits)

6. Roles of IA on Corporate Governance Good governance –method /system of management including exercising authority/control IA should contribute to organisations’ governance process by evaluating and improving the process through which: Values and goals are established and communicated The accomplishment of goals is monitored Accountability is ensured, and Values are preserved

7. IA operates in two capacities in Governance First, as auditors providing independent, objective assessment on the appropriateness of the organization’s governance structure and governance activities Second, as catalysts for change by advising or advocating improvement to enhance the organisation’s governance structure and practices. Audit Committee has a major responsibility in assuring that the mechanisms for corporate accountability are in place and functioning. One of these mechanisms is a solid, well-orchestrated, cooperative relationship with IA.

8. Roles of IA on GDS 2055 Governance activities exist to help the organization meet its objectives in being well –run and accountable to its stake holders. Just like in the GDS 2055, the CoT is articulating its objectives in each area and put programs to achieve those objectives. IA must identify challenges in realising GDS 2055 aspirations and to suggest means of meeting those challenges standing in the way. It is important for IA to assist CoT to realise the step change necessary to achieve 2055 aspirations. A fundamental change is required, not just in economic performance,but also in the delivery of public goods that underpin our ability to develop the economy.

9. Conclusion The methodology that we are using now is to begin with quick call for the best ideas and then rapidly moves to action. We learn best from doing, rather than simply planning, similar to learning to ride a bicycle. This roadshow is a public call for the best ideas, as the sole intention of the programme is to make a difference, and to implement the best ideas, from wherever they come. THANK YOU