a) The financial statements submitted for audit did not comply with section 40(1) (c) (i) of the PFMA. Material misstatements were identified during the audit; all of these were corrected by management; and b). Not all payments due to creditors were settled within 30 days from receipt of an invoice, as per the requirements of section 38(1)(f ) of the Public Finance Management Act and Treasury Regulation 8.2.3.