. Another target was set at 90 per cent for auditing and submission of PFMA reports to comply with statutory and legislative deadlines by the AGSA. The AGSA exceeded the target as achieved 96 per cent of PFMA audit reports within the legislated timeframe. The achievement is evidenced by the completion and submission of PFMA audit reports within two months of receipt of the financial statements by AGSA as required by section 40(2) of the PFMA.