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

2. 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

3. 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

4. 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

5. 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

6. 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

7. 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

8. 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

9. Questions and discussion