Emerging trends in public sector audits | Phillip Rakgwale (President of SAIGA)
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Join Tim Modise in conversation with Phillip Rakgwale, President of SAIGA.
Today they discuss emerging trends in public sector audits over the past 3 years, focusing on issues of non-compliance, irregular expenditure, lack of transparency and accountability in local governments, state-owned enterprises (SOEs) and national/provincial departments.
Key observations include supply chain and procurement violations causing material irregularities and service delivery failures in municipalities; financial mismanagement and lack of accountability with SOEs like SAA and Eskom; achievement and reporting issues in departments like education, health and human settlements.
Recommendations cover professionalizing the public sector, infrastructure investment prioritization, local government budget reallocation, robust consequence management, establishing an anti-corruption entity, strengthening oversight committees, and greater involvement of professional bodies.
Today they discuss emerging trends in public sector audits over the past 3 years, focusing on issues of non-compliance, irregular expenditure, lack of transparency and accountability in local governments, state-owned enterprises (SOEs) and national/provincial departments.
Key observations include supply chain and procurement violations causing material irregularities and service delivery failures in municipalities; financial mismanagement and lack of accountability with SOEs like SAA and Eskom; achievement and reporting issues in departments like education, health and human settlements.
Recommendations cover professionalizing the public sector, infrastructure investment prioritization, local government budget reallocation, robust consequence management, establishing an anti-corruption entity, strengthening oversight committees, and greater involvement of professional bodies.