1. Suspense Accounts The Auditor-General identified the following: a) Treasury Regulation 17.1.2 requires the source of the transactions in a clearing account to be readily identifiable, as well as monthly reconciliations to confirm the balance of the account. This information could not be provided for the transactions in the clearing account disclosed as part of the unallocated receipts note 10.2 of the financial statements. b) The transactions that have been journalised out of this clearing account could not be supported by adequate supporting documentation. c) The entity's records did not permit the application of alternative audit procedures regarding the clearing account. d) Sufficient appropriate audit evidence to satisfy existence, obligations, completeness, valuation and allocation of the clearing account could not be obtained. The Committee recommends that the Accounting Officer ensures that: a) The Chief Financial Officer (CFO), Finance Director and Revenue Directors closely monitor the exercise of clearing of suspense accounts by designing and implementing action plans to ensure that these accounts have insignificant balances at the end of the financial year; b) Adequate policies and procedures for the clearing of suspense accounts are designed; and c) Adequate reviews of suspense accounts are performed, timeously.