Policy, Law, Economics and Politics - Deepening Democracy through Access to Information
This privately-owned website is operated and maintained by Creamer Media
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
24 May 2013
   
 
 
 
 
 
 
DOWNLOAD
Municipal Clean Audit Efficiency Series Financial Management - 2.3 MB
 

During the 2010/2011 financial year only 13 of the 283 municipalities in South Africa (including district municipalities and metros) achieved clean audits.

The reasons for this poor state of affairs are complex, but one key causal factor is that the basic principles of good financial management are not adhered to. Several of the major challenges identified by the Auditor-General (AG) are listed below and can be directly linked to poor financial management.

Report by Deloitte SA

Written by:

Jan van Coller
Municipal Finance Specialist in the Deloitte Local Government Unit
Tel: +27 (0)21 427 5547
Email: jvancoller@deloitte.co.za

Corne Oberholzer
Director in Consulting and Deloitte Industry Leader for Local Government
Tel: +27 (0)12 482 0244
Email: coberholzer@deloitte.co.za

Edited by: Creamer Media Reporter
 
 
 
 
  Photos
 
 
 
 
 
 
 
  Map
 
 
 
 
 
 
Advertisements:
 
 
 
 
 
 
 
 
 
 
 
 
  Related social media
 
 
 
 
 
 
 
  Topics on this page
 
 
 
Company
 
Deloitte SA
Country
 
south africa
Person
 
jan van coller
 
 
 
 
 
 
Online Publishers Association