INCREASED RELEVANCE
IN A CHANGING WORLD
INTEGRATED
ANNUAL REPORT
2020-21
INTEGRATED
ANNUAL REPORT
2020-21
THE AUDITOR GENERAL’S
MESSAGE
My tenure as the auditor-general began at an extraordinary moment in our lives as the nations of the world battled an invisible destructive force. I recognise the immense privilege to head the national audit office, which comes coupled with the even bigger responsibility to protect my staff while ensuring that we execute our mandate in the face of unknown challenges.
TRIBUTE TO
KIMI
MAKWETU
EXECUTIVE
COMMITTEE
WHO
WE ARE
We account to the National Assembly by tabling our annual report, financial statements and the audit report on those financial statements in Parliament. This requirement is governed by sub-section 10(1) of the PAA.
March 2021, the AGSA employed
3 703 PEOPLE
including trainee auditors
and those on short-term
contracts.
Our gross surplus was
R1 054
MILLION
earned through audits
conducted at 1 065 public
institutions. Our net defecit
was R293 million.
Total number of
non-audit suppliers
2 938
100 AUDIT
FIRMS
INCLUDING
THEIR
REGIONAL
OFFICES
OFFICES
14 large, 9 medium
and 77 small
1 636 AUDIT
CONTRACTS
were awarded to these firms
OUTSOURCED
WORK
included pre-issuance
reviews, regularity audits,
information systems audits
and performance audits
INTEGRATED
ANNUAL
REPORT
PROFILE
Our reporting period is from 1 April to 31 March. The last annual report was tabled in Parliament on 30 September 2020.
THE AGSA
STRATEGY
Our daily work provides
value to the people of South
Africa and their elected
representatives in all
spheres of government. We
are driven by our
aspirations for the public
service and our existence is
concisely defined by our
vision, mission and values.
Our audit teams have done everything in their power, under tremendous pressure, to complete the audits under the guidance of our leadership.
VALUE CREATION
We add value to:
BUSINESS MODEL
ACCOUNTABILITY
REPORT
96 MIs IDENTIFIED TO DATE WITH AN ESTIMATED FINANCIAL LOSS OF R2 BILLION
75 MIs IDENTIFIED TO DATE WITH AN ESTIMATED FINANCIAL LOSS OF R6,9 BILLION
REPORT ON PERFORMANCE
STRATEGIC
GOAL 1:
VALUE-ADDING
AUDITING
AUDITS COMPLETED
WITHIN THE
LEGISLATED TIMELINES
STRATEGIC
GOAL 2:
VISIBILITY FOR
IMPACT
This is an endorsement of the work done by those who came before us and conducted themselves and the organisation with the highest level of integrity, which protected the reputation of the organisation.
– Tsakani Maluleke
STRATEGIC
GOAL 3:
VIABILITY
Despite all of our efforts, no one knows when the pandemic will be brought under control, and we have had to make some tough decisions to secure our sustainability.
– Tsakani Maluleke
STRATEGIC
GOAL 4:
VISION AND
VALUES DRIVEN
OVER THE PAST FIVE
YEARS
AUDIT COMMITTEE’S REPORT
The audit committee (the committee) presents its report for the 2020-21 performance year. This was a period denoted by immense changes during which the organisation, and the country, lived through the unprecedented impact of the covid-19 pandemic, which necessitated the organisation adjusting its operations to ensure its sustainability. We have accordingly overseen the organisation’s preparedness to respond to and mitigate associated risks while maintaining the continuity of its operations.