CLEAN AUDIT PROGRAMME - COMMUNITY DEVELOPMENT 2012/13

07 January 2014

Community Development

INDEX

Introduction Strategic Approach Clean Audit Core Reporting Findings

Related Party and GrantsLeases and ReceivablesPayables and ProvisionDisclosure

Core Asset Management Other findings leading to sec 122 Compliance and AoPO

INDEX

Introduction:

Strategic Intent:

To sustain the unqualified audit opinion of the 2012/2013 financial year

To achieve a clean audit opinion for the 2013/2014 financial year

INDEX

Strategic Approach

Confirmation of the resolution and management control of findings that led to a qualification 2011/2012.

Sustain the unqualified audit opinion of the 2012/2013 financial year.

Resolution that led to a qualified conclusion on AOPO. Clean audit opinion 2013/2014.

INDEX

Clean Audit

28 February 2014: hard close Develop Action Plan to address the gaps Define clean audit and list critical focus areas Develop an action plan List risks Develop a mitigation plan List internal controls deficiencies Develop action plan to address internal controls

deficiencies

Material Amendments- Section 122Material Amendments- Section 122

Related Parties and GrantsRelated Parties and Grants

Leases and receivables

Payables and Provisions

Disclosure

CORE ACCOUNTING: ASSETS

ASSETS

ASSETS

Impairment

ASSETS

Other findings affecting section 122

Employee costs and Consumer Debtors/DepositsEmployee costs and Consumer Debtors/Deposits

Compliance and AOPO related findings

Compliance and AoPOCompliance and AoPO