http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.89Change: 0.01
R/$ = 12.70Change: 0.04
Au 1088.45 $/ozChange: -1.41
Pt 989.00 $/ozChange: 1.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Sep 21, 2012

Gauteng says clean-audit push yielding fruit

Back
Automotive Industrial Development Company|Cradle Of Humankind World Heritage|Dinokeng|Health|IDZ Development Company|Industrial|Innovation Hub|Newtown Development Company|Training|Automotive|OPCA
Health|Industrial|Training|Automotive|
automotive-industrial-development-company|cradle-of-humankind-world-heritage|dinokeng-company|health|idz-development-company|industrial|innovation-hub|newtown-development-company|training|automotive|opca
© Reuse this

A total of 92% of Gauteng provincial government (GPG) departments achieved unqualified audit opinions in the 2011/2012 financial year, Gauteng Finance MEC Mandla Nkomfe said on Friday, describing it as “significant progress” in meeting the province’s clean-audit aspirations.

The target forms part of government’s larger Operation Clean Audit (OPCA), which aims to ensure that all municipalities and provincial government departments achieve clean audit outcomes by 2014.

Of the GPG's 16 public entities, seven achieved clean audits, eight received unqualified audits, but with nonfinancial queries, but the Gauteng Liquor Board received a qualified during the period under review.

The seven public entities who achieved clean audit reports were the Automotive Industrial Development Company, Innovation Hub, Newtown Development Company, IDZ Development Company, Cradle of Humankind World Heritage, Dinokeng and Gauteng Partnership Fund.

Besides the troubled Gauteng Department of Health and Social Development, which received  qualified audits, no department received either an adverse opinion or disclaimer opinion.
Nkomfe said the Gauteng Provincial Treasury was working with the health department to address material issues that result in the failure to achieve a desired audit outcome.

Gauteng Provincial Treasury was implementing a number of key measures to improve financial management in the province. Measures included the training and development of staff in the offices of CFO’s; the auditing of interim financial statements; and the monthly monitoring of expenditure against budget to assist departments in anticipating unauthorised expenditure.
 

Edited by: Terence Creamer
Creamer Media Editor
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Mark Cutifani
Updated 5 hours ago In a hard-hitting address, Anglo American CEO Mark Cutifani lamented the decline in the competitiveness of South Africa's mining industry and warned that the “trust deficit” between government, the industry and labour would need to be urgently overcome if the country...
Updated 7 hours ago British multinational banking and financial services firm Barclays has partnered with the Bureau for Economic Research (BER) at Stellenbosch University to sponsor the monthly manufacturing economic indicator, the Purchasing Managers’ Index (PMI). The index, now known...
Updated 7 hours ago Norwegian shipping liner Wallenius Wilhelmsen Logistics (WWL) has reached a settlement agreement with the Competition Commission for contravening the Competition Act, agreeing to pay an administrative penalty of R95.7-million. This settlement followed the...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Updated 40 minutes ago Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
Updated 40 minutes ago The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Updated 40 minutes ago Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Updated 40 minutes ago Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
Updated 40 minutes ago The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96