Audit qualifications An action plan Imran Vanker Provincial Auditor : Gauteng

Agenda Introduction Scope Qualifications Qualified audit opinion or disclaimer Emphasis of matters Appreciation

Introduction At April 2005, 95 of 284 audits finalised Of these, 58 (61 percent) were qualified, or disclaimed or adverse Only 27 were unqualified Among Top 50 municipalities, of the 23 completed, 7 were qualified

Scope – slide #1 Constitution Public Audit Act Municipal Finance Management Act Audit outcomes of local government

Scope – slide #2 Focus areas –Compliance –Fair presentation –Asset management –Debtors –Personnel expenditure –Document management –Internal audit –Control environment –Procurement –IT matters

Qualifications – action plan Understand the report Acceptance of the report Project team The right man or lady The right system Understanding root causes

Qualifications – action plan cont… Analysis of issues How to deal with auditors Retention of staff Upcoming developments Communication plan Compliance checklists

Qualifications – action plan cont… Development of a monthly framework Control self assessment Role of internal audit Year end reporting plan Review Reward and retain

Qualifications – action plan cont… Audit outcomes of local government Role of audit committee SCOPA and oversight committees

Questions Imran Vanker Provincial Auditor : Gauteng