Public Audit Act Archives - Corruption Watch

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SA and UK auditors-general talk about the importance of their institutions

12 Nov 2024, 10:46

The Good Governance Academy (not to be confused with Good Governance Africa) is a non-profit organisation that collaborates globally to share information on critical business issues as a public good, under the patronship of its founder, former Supreme Court judge Prof Mervyn King. The organisation is known primarily for promoting good governance in the corporate Read more >

CORRUPTION NEWS

R14bn loss to MIs, but some positive strides being made

26 Mar 2024, 13:04

The Department of Defence and the South African Post Office (Sapo) are two of the public entities expected to face investigations for their failure to investigate material irregularities (MIs) flighted by the Auditor-General (AG) during audit processes in previous financial years. Sapo was found by the AG to have failed to implement an integrated grants Read more >

CORRUPTION NEWS

AGSA seeing improvement in municipalities’ response to MIs

16 Feb 2024, 12:44

Auditor-General Tsakani Maluleke appeared virtually before the parliamentary Standing Committee on the Auditor General on 9 February 2024, to brief members on progress regarding the material irregularities (MIs) it had identified during municipal audits. Maluleke said that the presentation aimed to brief the committee on the impact that AGSA has been making in the implementation Read more >

CORRUPTION NEWS

AG: depts improve reporting, but accountability instruments must too

30 Nov 2023, 10:29

National and provincial government has improved over the last four years on reporting on finances. They have also improved on performance and compliance with key legislation, but for continued improvement to be realised, the national legislature and its provincial counterparts must enhance oversight mechanisms that will ensure transparency and diligent performance by the departments that Read more >

CORRUPTION NEWS

Billions lost to material irregularities, but Agsa is making progress

22 Nov 2023, 12:51

The South African government has always had a hard time accepting and implementing the recommendations of the Auditor-General of South Africa (Agsa), and the accompanying lack of consequences has meant that government departments and municipalities still grapple with the basics – 30 years after democracy. But legislative amendments in the form of the Public Audit Amendment Read more >

CORRUPTION NEWS

PFMA 2020: improvement here and there, but not sustained

06 Apr 2021, 11:46

The latest national and provincial government audit outcomes, released by the Auditor-General South Africa (AGSA) on 31 March, show “signs of improvement” in some auditees, according to Auditor-General (AG) Tsakani Maluleke. The work was conducted under the Public Finance Management Act (PFMA) and covered the financial year of 2019-2020. Besides the provincial and national departments, Read more >

LEGISLATION AND SUBMISSIONS

The Public Audit Act amendment bill – what’s it about?

26 Nov 2018, 15:06

In part one of our new two-part miniseries on the public audit, we dealt with the audit outcomes for 2017/2018, performed under the Public Finance Management Act (PFMA) and tabled on 21 November in Parliament by Auditor-General (AG) Kimi Makwetu. In part two, we focus on the Public Audit Act (PAA) amendment bill, that was Read more >

CORRUPTION NEWS

PFMA audit results: overall deterioration again

22 Nov 2018, 13:46

Our new two-part miniseries focuses on the Public Finance Management Act (PFMA) audit outcomes for 2017/2018, tabled yesterday in Parliament by Auditor-General Kimi Makwetu, as well as the Public Audit Act (PAA) amendment bill that was signed into law a few days ago. On Tuesday 20 November, the Government Gazette carried the announcement that President Read more >

CORRUPTION NEWS

PFMA/MFMA offenders beware – AG to finally get binding powers

05 Jun 2018, 13:14

In part one of our mini-series we looked at some of the municipal audit outcomes for 2016-2017 – many of which were dismal. Despite the Office of the Auditor-General (AG) having the powers to scrutinise and audit the books of municipalities and public entities, it currently has no power to impose meaningful sanctions or penalties Read more >