2012 AG Audit Directive 11 November 2011
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Transcript of 2012 AG Audit Directive 11 November 2011
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2012 AG Audit Directive
11 November 2011
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Reputation promise/mission
The Auditor-General of South Africa has a constitutional mandate and, as the Supreme Audit Institution (SAI) of South Africa, it exists to strengthen our country’s democracy by enabling oversight, accountability and governance in the public sector through auditing, thereby building public confidence.
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Purpose of the AG Audit Directive
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Key features of the 2012 AG Audit directive
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Key changes from the 2011 AG Audit directive
Financial audit
•No changes
Financial audit
•No changes
Performance objectives:
•Reports of low & medium capacity
municipalities to include a
conclusion
Performance objectives:
•Reports of low & medium capacity
municipalities to include a
conclusion
Compliance with laws
and regulations:
•Includes subject matters and criteria used in reporting on material non-compliance
Compliance with laws
and regulations:
•Includes subject matters and criteria used in reporting on material non-compliance
General:
•Information for making complaintsagainst the AGSA•Auditors in public practice must adhere to the prescribed reporting format •Deadlines for submission of information
General:
•Information for making complaintsagainst the AGSA•Auditors in public practice must adhere to the prescribed reporting format •Deadlines for submission of information