North West Agriculture and Rural Development on first unqualified audit opinion in five years

19th August 2022

North West Agriculture and Rural Development on first unqualified audit opinion in five years

Photo by: Bloomberg

For the first time in five consecutive years of receiving a qualified audit report, the North West Department of Agriculture and Rural Development has finally scored an unqualified audit report from Auditor General South Africa, (AGSA) for the financial year ending 31 March 2022.

An unqualified audit opinion is essentially a clean report. This outcome indicates that the auditor general is satisfied with the organization's financial reporting. This is a set target for every public institution. At the core of this target, is a quest to give taxpayers confidence in the management of the public purse.

In response to this audit outcome, MEC Desbo Mohono of Agriculture and Rural Development in the North West said this is a significant improvement compared to the financial reports that the Department has been receiving over the past financial years.

“The department pride itself on its achievement to obtain the unqualified report for the first time since the financial year 2015/16,” MEC Mohono said.

She went on to say the report serves as an indication that the department is well on track towards achieving its goal of establishing credible financial control systems.

“This improvement could be attributed to improved oversight and stringent internal review processes initiated by the Head of Department Thupi Mokhatla and the appointed Chief Financial Officer, Mr Dedricks Mompei resulting in improved record keeping,” Mohono highlighted.

She also credited this positive outcome to the staff in general that worked tirelessly with a winning formula. “Our secret was to identify loopholes and work on them,” MEC Mohono concluded.

The office of the AGSA has also commended the management of the Department for implementing the audit action plans.

 

Issued by North West Agriculture and Rural Development