Overview of AGSA

1
Overview of AGSAs national audit portfolio and
PFMA audit cycle

• SCOPA workshop,
• 23 June 2009
• Presented by Jillian Bailey, Head of Audit

2
National audit portfolio of AGSA

• 37 National departments
• 9 Constitutional institutions
• 169 Public entities
• 32 National other entities
• Consolidated general report arising from the PFMA
  audit cycle and Road shows

3
Medium term strategic objectives relating to audit

1. Enhancement of service offerings and features
   In order to deliver the right mix of audit
   products and services

• Debriefings after every audit cycle with staff
  and stakeholders to identify areas of enhancement
• Enhance awareness of the auditing of performance
  information among stakeholders
• Enhance performance audit concepts

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2. Ensure relevance of products and services - In
order to instill public confidence

• Stakeholder meetings to identify expectations and
  how audit will address these
• Adopt best practice audit methodologies
• Continually identify strategic audit issues for
  medium and long term planning purposes

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3. Improve the quality of audit reports - In
order to meet the required professional standards

• Instill passion and excellence in public sector
  auditing
• Produce high quality and timeous management
  reports, audit reports and general reports
• Proactively monitor auditees and executives
  action plans on both reporting and corrective
  actions on audit findings, and elevate where
  required

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4. Improve the timeliness of audit reports - In
order to ensure relevance of message

• Adhere to defined deadlines as per timeline
  policies
• Perform post audit debriefs on timelines and
  consolidate information on opportunities for
  improving timelines
• Utilise the reporting channels to constitutional
  stakeholders with respect to the auditees/AGSAs
  adherence to deadlines

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5. Ensure cost effective auditing - In order to
achieve efficiencies in auditing

• Enhance cost effectiveness through sector and
  horizontal auditing, and through improved audit
  methodologies
• Ensure adequate leadership involvement in respect
  of all audits
• Implement a drive to reduce audit hours without
  compromising on quality

8
Annual key audit timelines national audits

• Interim audits at bigger departments and public
  entities before end May
• Submission of AFS to AGSA for auditing end May
  (PFMA)
• Audit opinion issued on AFS, for inclusion in
  annual report end July
• Tabling of annual reports by executive authority
  end September
• Tabling by AGSA of audit reports delayed without
  reason end November

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Questions and discussion