1. Consolidated audit outcomes National departments and entities
PFMA
Consolidated audit outcomes
National departments and entities 1

2. National constitutional institutions
Departments and entities -PFMA audit outcomes
Audit outcomes
Type of audit opinion
National legislature
National constitutional institutions
National departments
National entities
Total
Disclaimer 1 5 6
Adverse 2
Qualified 12 20 33
Financially unqualified (with other matters) 15 96
118
Financially unqualified (with no other matters) 84 91
Total reported on 9
207
250
Total entities 10
212
256 2

3. Constitutional institutions
Departments and entities -PFMA audit outcomes
Comparison of audit outcomes between and
Type of audit opinion
Legislature
Constitutional institutions
Departments
Entities
Disclaimer 1 5 8
Adverse 2
Qualified 12 6 20 27
Financially unqualified (with other matters) 7 15 24 96 77
Financially unqualified (with no other matters) 84 70
Total reported on 9 10 33
207
182
Total entities
212

4. Key internal control element
Departments and entities -PFMA audit outcomes
Drivers to improve audit outcomes: Fundamental elements of internal control
Key internal control element
Leadership: adequate leadership involvement and oversight must set the tone from the top and create an environment conducive to good financial management and service delivery
Financial Management: quality monthly financial statements and management information must be produced, evaluated and monitored at appropriate leadership levels to enable quality decision making and service delivery
Governance: effective governance arrangements must be in place and must ensure proper risk management and adequate internal controls as well as effective internal audit and audit committee functions

5. Departments and entities -PFMA audit outcomes 2008-09
Areas qualified in Annual Financial Statements 5 5

6. Departments and entities -PFMA audit outcomes 2008-09
Warning Signals 6 6

7. Non-compliance with PFMA / Treasury Regulations – National departments
Departments and entities -PFMA audit outcomes
Non-compliance with PFMA / Treasury Regulations – National departments

8. Departments and entities -PFMA audit outcomes 2008-09
Audit of Performance Information
General
■ Phase-in approach by the AGSA since together with National Treasury
■ Stakeholder engagements to clarify approach and essence of AOPI have taken place and will continue throughout
■ will be a further opportunity to get ready for the AOPI opinion
Areas requiring improvement
Main findings
National Departments
National
Entities
Non-compliance with regulatory requirements
44%
28%
Usefulness of reported performance information
47%
19%
Reported performance information not reliable
15% 8 8