Parliament welcomes 2020/21 Public Financial Management Act Audit Report


A joint meeting of the Standing Committee on the Auditor-General and the Standing Committee on Public Accounts (SCOPA) today received a briefing from the Auditor-General (AG) on the 2020/21 national and provincial government audit outcomes.

The committees welcomed the report and have committed, as part of their oversight mandate, to ensure that the relevant parties take accountability. The committees have noted with concern the increase in irregular expenditure to R166.8 billion and the 37 outstanding audits from several public entities and government departments.

The committees are also concerned with the repeat disclaimers at several entities, which calls into question their audit action plans. The committees, particularly SCOPA, now have a responsibility to schedule follow-up hearings with the departments and entities that need further probing.

It is concerning that state-owned entities are continuing to regress in financial performance and management, which demands intervention from the relevant departments, particularly the National Treasury. This audit report has revealed how urgent it is for the country to build financial stability in order to achieve effective financial management in both departments and state-owned entities.

For media enquiries, please contact the committee’s Media Officer:
Name: Ms Faith Ndenze
Parliamentary Communication Services
Tel: 021 403 8062
Cell: 081 377 0686
Email: fndenze@parliament.gov.za

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