National departments are subject to annual auditing by the Auditor-General of South Africa (AGSA), where an audit opinion is given based on a department's financial statements. In forming an audit opinion, the AGSA examines if a department meets its predetermined objectives and if its financial statements comply with legislation.
Interesting facts that emerged this year:
AGSA communicate key messages to Parliament about the root causes for audit failures or stagnation i.e. not improving and achieving a clean audit. These root causes are:
*At the time of this publication audits for the Departments of Environmental Affairs and Transport were still outstanding.
See infographic below on the 2016/17 national department audit outcomes:
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