Public Audit Amendment Bill, 2017

 The Standing Committee on the Auditor-General intends to introduce the Public Audit Amendment Bill, 2017. 

The Committee Bill seeks:

To amend the Public Audit Act, 2004, so as to insert new definitions; to provide for certainty on the discretion of the Auditor-General with regard to certain audits; to authorise the Auditor-General to provide audit or audit related services to an international association, body, institution or organisation; to provide for the Auditor-General to refer undesirable audit outcomes, arising from an audit performed under the Act, to an appropriate body for investigation; to provide for the Auditor-General to recover losses in certain instances against the responsible persons; to provide for the establishment, powers and functions of a remuneration committee; to provide for consultation between the Independent Commission for the Remuneration of Public Office-bearers and the remuneration committee; to provide for additional reporting requirements; to provide for a maximum amount or percentage of audit fees that can be defrayed from the vote of National Treasury; to revise the provisions relating to the appointment of an audit committee for the Auditor-General; to empower the Auditor-General to make regulations on specific issues; and to provide for matters connected therewith.

Comments and Enquiries can be emailed to  Ms Cindy Balie: [email protected] or 021 403 3667 / 083 547 4115 by no later than 16h00 on Friday, 23 February 2018