ATC150618: Seventh Report of the Committee on Public Accounts on the Report of the Auditor General on the annual report and financial statements of the Department Military Veterans for the 2013/14 financial year, dated 20 May 2015

Public Accounts (SCOPA)

Seventh Report of the Committee on Public Accounts on the Report of the Auditor General on the annual report and financial statements of the Department Military Veterans for the 2013/14 financial year, dated 20 May 2015

Introduction

The Committee on Public Accounts (the Committee) heard evidence on and considered the contents of the Annual Report and the Report of the Auditor-General (AG) on the 2013/14 financial statements of the Department of Military Veterans (the Department).

The Committee is concerned with the disclaimer audit opinion and about the state of financial management in the Department and reports as follows:

  1. Recommendation

Given the undesirable state of financial management in the department, the Committee recommends that the Accounting Officer presents the financial management turnaround strategy to the committee within 60 days after tabling of the Committee report in order to address the following:

  1. The root causes for the non-compliance by the Department  with laws, rules and regulations, including the breach of the PFMA;
  2. The root cause and the nature of weak internal controls; and
  3. The extent of instances of misconduct or negligence, and, whether any appropriate corrective measures have been taken.

 

The Committee also recommends that the department be assisted by National Treasury on the implementation of the new accounting system, to ensure that value for money is received and that the policies are aligned.

 

The Committee further recommends that the Accounting Officer submits quarterly reports on all the above-mentioned recommendations.

Report to be considered.

 

 

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