Auditor General, Kimi Makwetu says were it not for government's slow response in addressing audit recommendations aimed at improving internal control systems and eliminating governance risks, national and provincial governments would have recorded impressive audit results for the 2014-15 financial year.
Makwetu says this ultimately led to irregular expenditure by government departments of a staggering R25.7bn.
Releasing his audit report Wednesday for the 2014/2015 financial year, the auditor general said this expenditure does not necessarily mean that in all instances, money had been wasted of fraud had been committed.
Makwetu also some improvements in supply chain management, but said the number of auditees with findings remains high.
Releasing this year’s audit outcomes of national and provincial government departments and public entities (auditees), Makwetu said he had observed that management at most auditees (73%) “have been slow to respond to the (audit) recommendations aimed at assisting them to improve key internal controls and addressing identified risk areas. This contributed to audit outcomes for 2014-15 that only improved slightly since 2013-14”.
To read the Auditor Generals full media statement follow the link below.
https://www.agsa.co.za/Portals/0/PFMA/201415/National%20Release%20FN.pdf
