Overview of AGSA’s national audit portfolio and PFMA audit cycle SCOPA workshop, 23 June 2009 Presented by Jillian Bailey, Head of Audit

National audit portfolio of AGSA 37 National departments 9 Constitutional institutions 169 Public entities 32 National ‘other’ entities Consolidated general report arising from the PFMA audit cycle and Road shows

Medium term strategic objectives relating to audit Enhancement of service offerings and features – In order to deliver the right mix of audit products and services Debriefings after every audit cycle with staff and stakeholders to identify areas of enhancement Enhance awareness of the auditing of performance information among stakeholders Enhance performance audit concepts

2. Ensure relevance of products and services - In order to instill public confidence Stakeholder meetings to identify expectations and how audit will address these Adopt best practice audit methodologies Continually identify strategic audit issues for medium and long term planning purposes

3. Improve the quality of audit reports - In order to meet the required professional standards Instill passion and excellence in public sector auditing Produce high quality and timeous management reports, audit reports and general reports Proactively monitor auditees’ and executives’ action plans on both reporting and corrective actions on audit findings, and elevate where required

4. Improve the timeliness of audit reports - In order to ensure relevance of message Adhere to defined deadlines as per timeline policies Perform post audit debriefs on timelines and consolidate information on opportunities for improving timelines Utilise the reporting channels to constitutional stakeholders with respect to the auditees’/AGSA’s adherence to deadlines

5. Ensure cost effective auditing - In order to achieve efficiencies in auditing Enhance cost effectiveness through sector and horizontal auditing, and through improved audit methodologies Ensure adequate leadership involvement in respect of all audits Implement a drive to reduce audit hours without compromising on quality

Annual key audit timelines – national audits Interim audits at bigger departments and public entities – before end May Submission of AFS to AGSA for auditing – end May (PFMA) Audit opinion issued on AFS, for inclusion in annual report – end July Tabling of annual reports by executive authority – end September Tabling by AGSA of audit reports delayed without reason – end November

Questions and discussion