Compensation Fund slammed over revised report with 'irregular spend' allegedly missing

2019-11-27 05:00

The Compensation Fund exists to compensate vulnerable employees who suffer from serious injuries and diseases as a result of occupational risks. However, it has received multiple disclaimer audit opinions in recent years.

The R1.6bn VBS write-off and other worrying stats from the Auditor General

2019-07-16 16:43

The Auditor General has been given more teeth, and should be allowed to use them, Parliament’s Standing Committee on Public Accounts and the Standing Committee on the Auditor General have said.

Irregular spend by SA municipalities up 75% to R28.4bn as audit outcomes regress

2018-05-23 11:05

Audit outcomes for municipalities have continued to regress, with irregular and fruitless and wasteful expenditure each ballooning more than 70% for the 2016/17 year.

SAA as going concern doubtful – AG report

2018-03-08 17:55

In a report submitted to Parliament, Auditor General Kimi Makwetu has flagged SAA's ability to continue as an ongoing concern.

Infographic: Best and worst performing municipalities

2017-06-25 10:20

The Auditor General's latest local government report showed that 49 municipalities received clean audits, however 25 received disclaimed opinions.

Only one SOE achieves clean audit

2016-11-17 19:16

Of the 10 major public entities audited by the Auditor General South Africa, only one received a clean audit opinion.

AG report: These are SA's 3 worst performing provinces

2016-11-17 13:32

Three provinces did not improve their audit outcomes in the past three years, according to the recent audit report.

Local councils must serve all, not only party backers

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Govt blows billions - AG

2014-02-05 13:26

Government entities have racked up over R2bn in wasteful expenditure and R26.4bn in irregular spending in the past year, says Auditor General Thembekile Makwetu.


Mkhwebane hails staff for unqualified audit report: 'We must lead by example'

2019-10-09 21:38

Embattled Public Protector Busisiwe Mkhwebane has hailed her staff for her office receiving an unqualified audit opinion, which it has received for at least the past four years.

AG given more teeth to refer audits for law enforcement

2018-05-24 14:47

The Standing Committee on the Auditor General has approved amendments to the Public Audit Act, giving the Auditor General of South Africa more power to manage "real and immediate" consequences.

KPMG top exec suspended as new scandal threatens to engulf the audit firm

2018-04-11 16:17

The current head of KPMG's largest business unit has been suspended. He was also the lead audit partner on VBS Bank.

Denel defends audit after criticism in Parliament

2017-10-04 22:15

State-owned arms manufacturer Denel has hit back at claims that it tabled an incorrect annual report despite being told that the initial audit opinion had been amended.

e-Tender portal could help save on irregular expenditure - analyst

2016-11-20 16:12

Introducing control measures for the supply chain management by public entities could help reduce irregular and fruitless and wasteful expenditure.

Post Office's late financials a concern - AG

2016-11-17 17:24

The loss-making Post Office is one of two public entities which received a qualified audit opinion for the year 2015/16.

Irregular govt spend balloons to over R46bn

2016-11-16 18:50

Irregular expenditure by government departments and public entities has soared by nearly 40% over the past three years, the auditor general has revealed.

Madonsela: Auditors should act as conscience

2014-08-13 07:50

Public Protector Thuli Madonsela says internal auditors should be less like policemen and be the conscience of their organisations.

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