http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.08Change: 0.09
R/$ = 11.60Change: -0.02
Au 1283.00 $/ozChange: -2.95
Pt 1255.50 $/ozChange: -4.00
 
 
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|IDZ Development Company|Industrial|Innovation Hub|Newtown Development Company|Automotive|OPCA
Industrial||Automotive|
automotive-industrial-development-company|cradle-of-humankind-world-heritage|dinokeng-company|idz-development-company|industrial|innovation-hub|newtown-development-company|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
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Updated 21 minutes ago The chances of power cuts being implemented on Thursday were minimal, electricity supplier Eskom said. "Today's risk of load shedding is minimised, it looks like the system is relatively stable," spokesperson Khulu Phasiwe said.
Thabo Kgogo
Dual-listed oil and gas company SacOil has completed Phase 1 of the field development operations at the Lagia oilfield in Sinai, Egypt. The South African-based independent company, through its subsidiary Mena International Petroleum Company, also completed hydraulic...
More
 
 
Recent Research Reports
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
 
 
 
 
 
This Week's Magazine
BRUCE BRADFORD The 3D printers have a clear upgrade path to eventually print in wood, ceramics and metal-alloys
Three-dimensional (3D) printers being sold in South Africa by electronics distributor Rectron currently print in two types of plastic, but have a clear upgrade path over the next five years to eventually print in wood, ceramics and metal-alloy materials, says Rectron...
The world’s two dominant commercial aircraft manufacturers, Airbus of Europe and Boeing of the US, both recently announced that they had made record aircraft deliveries in 2014. Boeing set a global record for the industry with 723 commercial aircraft delivered, while...
The Western Cape is shifting further into the renewable-energy space with the official opening of a factory specialising in solar inverters, a key component of solar photovoltaic (PV) plants. The investment in the manufacturing facility in Cape Town aims to boost the...
Business Leadership South Africa (BLSA) last month welcomed Cabinet’s establishment of a technical team war room to undertake various interventions to improve electricity supply security over the short- and medium-term, but added that the private sector also had a...
Despite a rapid rise in mobile connections and the economic and social benefits of such connectivity, more than half of the world ended 2014 unconnected. For this reason, industry commentators believe the biggest impact of mobile technology is still to come –...
 
 
 
 
 
 
 
 
 
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