2012 AG Audit Directive

11 November 2011

2

Reputation promise/mission

The Auditor-General of South Africa has a constitutional mandate and, as the Supreme Audit Institution (SAI) of South Africa, it exists to strengthen our country’s democracy by enabling oversight, accountability and governance in the public sector through auditing, thereby building public confidence.

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Purpose of the AG Audit Directive

4

Key features of the 2012 AG Audit directive

5

Key changes from the 2011 AG Audit directive

Financial audit

•No changes

Financial audit

•No changes

Performance objectives:

•Reports of low & medium capacity

municipalities to include a

conclusion

Performance objectives:

•Reports of low & medium capacity

municipalities to include a

conclusion

Compliance with laws

and regulations:

•Includes subject matters and criteria used in reporting on material non-compliance

Compliance with laws

and regulations:

•Includes subject matters and criteria used in reporting on material non-compliance

General:

•Information for making complaintsagainst the AGSA•Auditors in public practice must adhere to the prescribed reporting format •Deadlines for submission of information

General:

•Information for making complaintsagainst the AGSA•Auditors in public practice must adhere to the prescribed reporting format •Deadlines for submission of information