scholarly journals Research Department - Banking Section - Audit Reports - Correspondence with the Auditor General - 1942 - 1951

2021 ◽  
Keyword(s):  
Research Department ◽  
Auditor General ◽  
Audit Reports

scholarly journals Qualified Audit Reports of Local Authorities in the Northern States of Malaysia

2020 ◽  
Author(s):  
Mohammad Azhar Ibrahim ◽  
Engku Ismail Engku Ali ◽  
Syed Soffian Syed Ismail ◽  
Zainol Bidin
Keyword(s):  
Financial Statements ◽  
Local Authorities ◽  
Financial Reports ◽  
The Public ◽  
Fixed Assets ◽  
Public Resources ◽  
Efficiency And Effectiveness ◽  
The Common ◽  
Auditor General ◽  
Audit Reports

The reliability of information presented in the financial reports of local authorities is of utmost importance to enable the public to measure their performance in terms of efficiency and effectiveness in using public resources. The task to provide such an assurance lies with the Auditor General, who has been entrusted to enforce the auditing compliance regulations. A certificate in the form of “unqualified,” “qualified,” “adverse,” or “disclaimer” accompanied by a report on the financial affairs of the local authorities concerned will be issued after the Auditor General completes the audit of the local authorities’ financial statements. Our study on 14 local authorities comprising municipal and district councils in the Malaysian States of Perlis, Kedah and Penang found that the Qualified Certificate is the common type of audit certificate issued to the local authorities concerned during the period 1997-2001(inclusive of both years). Discrepancies in “Fixed Assets Register” ranked first among the audit incidents that led towards non-compliance to the audit procedures. This was followed by discrepancies in “Other Receivables” and “Cash Flow Statements” which ranked second and third positions respectively. Our finding also shows that size does not grant any advantage to the bigger local authority in reducing the number of audit incidents.  

scholarly journals Challenges in reporting on predetermined objectives to the Auditor-General: The case of Limpopo provincial departments

2017 ◽  
Vol 13 (1) ◽  
Author(s):  
Melvin Diedericks
Keyword(s):  
Performance Management ◽  
Monitoring And Evaluation ◽  
Organisational Performance ◽  
The Public ◽  
Finance Management ◽  
Qualitative Research Design ◽  
Performance Reporting ◽  
Analyse Data ◽  
Auditor General ◽  
Audit Reports

Limpopo provincial departments like all other South African government departments are required to report on performance against predetermined objectives in terms of Section 40 of the Public Finance Management Act 1 of 1999, read in conjunction with Section 5.1.1 of the Treasury Regulations. The purpose of this article is to report on a study that was undertaken to establish the challenges faced by the Limpopo provincial departments in reporting on performance against predetermined objectives to the Auditor-General (AG). Reporting on predetermined objectives has been a challenge over the past financial years and this is evident in the AG’s reports, in which Limpopo provincial departments continued to receive qualified audit reports. The literature review carried out for purposes of this study revealed that performance management is fundamental to enhancing organisational performance. A qualitative research design was used to collect and analyse data. Key findings of the study included that management should prioritise strategic planning, performance reporting, monitoring and evaluation to enable it to be in a position to make a determination as to whether what was planned by the department was actually realised. It is also of paramount importance that performance reporting is highly prioritised at strategic, tactical and operational management meetings to ensure more effective and efficient organisational performance.

scholarly journals Evaluation of strategic management in assisting South African municipalities improve service delivery

2015 ◽  
Vol 4 (2) ◽  
pp. 113-123
Author(s):  
Sandiso Ngcobo ◽  
M.G. Mdani
Keyword(s):  
Local Government ◽  
Service Delivery ◽  
Strategic Management ◽  
South African ◽  
Poor Performance ◽  
Management Plan ◽  
Auditor General ◽  
Audit Reports ◽  
Improve Service Delivery

The reports tabled by the Auditor General on yearly basis reflect poor performance on a number of areas in respect of service delivery in South African municipalities. As a possible solution, the Department of Local Government and Traditional Affairs (DLGTAs) has introduced a strategic management plan that should be implemented by municipalities to assist them improve their performance. Hence, the aim of this paper is to evaluate the perceptions of municipal managers and councillors on the role of the strategic management in assisting them improve service delivery. The findings show that the assistance provided by the EC DLGTAs is not without weaknesses. It is then recommended that the areas of improvement should be addressed in an effort to improve audit reports.

scholarly journals Contribution of records management to audit opinions and accountability in government

2020 ◽  
Author(s):  
Rodreck David
Keyword(s):  
Asset Management ◽  
Financial Management ◽  
National Development ◽  
Records Management ◽  
Monitoring And Control ◽  
Monitoring And Control System ◽  
Revenue Collection ◽  
Audit Opinions ◽  
Auditor General ◽  
Audit Reports

Background: Auditing can support national democratic processes, national development and government good will. Supreme Audit Institutions (SAI), such as offices of Auditor General, publish consolidated reports on audit outcomes for local authorities, government departments, parastatals and related public entities. These reports identify broad areas analysed during audit exercises that often include financial management, governance, asset management, risk management, revenue collection and debt recovery. They highlight trends that were detected during audit exercises at the end of a financial year. The reports further show how records and records management affect audit exercises as well as financial management within the audited institutions.Objectives: The intention of the research was to ascertain the contribution of records management to audit opinions and accountability in financial management in Zimbabwean government entities.Method: A document analysis of Comptroller and Auditor General of Zimbabwe (CAGZ)’s reports was used to identify the types of decisions and recommendations (audit opinions) issued, in juxtaposition to the records management issues raised.Results and Conclusion: This study shows that there is a strong correlation between records management concerns and audit opinions raised by the CAGZ’s narrative audit reports. Inadequate records management within government entities was associated with adverse and qualified opinions and, in some cases, unqualified opinions that had emphases of matter. There was a causal loop in which lack of documentary evidence of financial activities was the source cause of poor accounting and poor audit reports. Errors resulting from incomplete or inaccurate records meant that government entities were not showing a true picture of their financial status and their financial statements could be materially misstated. As an important monitoring and control system, records management should be integrated into the accounting and auditing processes of government entities.

scholarly journals Contribution of records management to audit opinions and accountability in government

2020 ◽  
Author(s):  
Rodreck David
Keyword(s):  
Asset Management ◽  
Financial Management ◽  
National Development ◽  
Records Management ◽  
Monitoring And Control ◽  
Monitoring And Control System ◽  
Revenue Collection ◽  
Audit Opinions ◽  
Auditor General ◽  
Audit Reports

Background: Auditing can support national democratic processes, national development and government good will. Supreme Audit Institutions (SAI), such as offices of Auditor General, publish consolidated reports on audit outcomes for local authorities, government departments, parastatals and related public entities. These reports identify broad areas analysed during audit exercises that often include financial management, governance, asset management, risk management, revenue collection and debt recovery. They highlight trends that were detected during audit exercises at the end of a financial year. The reports further show how records and records management affect audit exercises as well as financial management within the audited institutions.Objectives: The intention of the research was to ascertain the contribution of records management to audit opinions and accountability in financial management in Zimbabwean government entities.Method: A document analysis of Comptroller and Auditor General of Zimbabwe (CAGZ)’s reports was used to identify the types of decisions and recommendations (audit opinions) issued, in juxtaposition to the records management issues raised.Results and Conclusion: This study shows that there is a strong correlation between records management concerns and audit opinions raised by the CAGZ’s narrative audit reports. Inadequate records management within government entities was associated with adverse and qualified opinions and, in some cases, unqualified opinions that had emphases of matter. There was a causal loop in which lack of documentary evidence of financial activities was the source cause of poor accounting and poor audit reports. Errors resulting from incomplete or inaccurate records meant that government entities were not showing a true picture of their financial status and their financial statements could be materially misstated. As an important monitoring and control system, records management should be integrated into the accounting and auditing processes of government entities.

scholarly journals Contribution of records management to audit opinions and accountability in government

2017 ◽  
Vol 19 (1) ◽  
Author(s):  
Rodreck David
Keyword(s):  
Asset Management ◽  
Financial Management ◽  
National Development ◽  
Records Management ◽  
Monitoring And Control ◽  
Monitoring And Control System ◽  
Revenue Collection ◽  
Audit Opinions ◽  
Auditor General ◽  
Audit Reports

Background: Auditing can support national democratic processes, national development and government good will. Supreme Audit Institutions (SAI), such as offices of Auditor General, publish consolidated reports on audit outcomes for local authorities, government departments, parastatals and related public entities. These reports identify broad areas analysed during audit exercises that often include financial management, governance, asset management, risk management, revenue collection and debt recovery. They highlight trends that were detected during audit exercises at the end of a financial year. The reports further show how records and records management affect audit exercises as well as financial management within the audited institutions.Objectives: The intention of the research was to ascertain the contribution of records management to audit opinions and accountability in financial management in Zimbabwean government entities.Method: A document analysis of Comptroller and Auditor General of Zimbabwe (CAGZ)’s reports was used to identify the types of decisions and recommendations (audit opinions) issued, in juxtaposition to the records management issues raised.Results and Conclusion: This study shows that there is a strong correlation between records management concerns and audit opinions raised by the CAGZ’s narrative audit reports. Inadequate records management within government entities was associated with adverse and qualified opinions and, in some cases, unqualified opinions that had emphases of matter. There was a causal loop in which lack of documentary evidence of financial activities was the source cause of poor accounting and poor audit reports. Errors resulting from incomplete or inaccurate records meant that government entities were not showing a true picture of their financial status and their financial statements could be materially misstated. As an important monitoring and control system, records management should be integrated into the accounting and auditing processes of government entities.

Minting the Obverse: Library and Information Studies as a One-Sided Coin

2017 ◽  
Vol 1 (1) ◽  
Author(s):  
Tim Gorichanaz
Keyword(s):  
Professional Education ◽  
Liberal Arts ◽  
Academic Research ◽  
Human Knowledge ◽  
Research Department ◽  
Library And Information Studies ◽  
Information Studies ◽  
Key Concepts

A synthesis of the work of Michael Buckland reveals the critique that, for too long, LIS has been a one-sided coin. Growing out of professional education, LIS has traditionally nurtured only its applied, practical and empirical side. Challenging this imbalance, emerging research in LIS points to the development of the basic, liberal arts and conceptual side of the discipline. Indeed, the advent of JCLIS reflects this trend. An interest in basic LIS is welcome for a number of reasons: By clarifying key concepts, it will lead to improved practice; by contributing more widely to human knowledge it will fulfill the obligations of being an academic research department; and by exploring information issues which are becoming relevant to all members of society, it will realize a greater purpose. This paper surveys the extent to which the basic side of LIS has emerged, examining the content of the top LIS journals and the curricula of the top LIS institutions. The findings point to an inchoate reverse, but one with numerous challenges that remain beyond the horizon. This paper serves as an invitation to researchers and educators to consider how they can further contribute to minting the basic side of the coin of LIS.

Toxic Political Leadership and the Problems of Professionals in Free State Municipalities

2019 ◽  
Vol 48 (1) ◽  
Author(s):  
David Matheakuena Mohale
Keyword(s):  
Good Governance ◽  
Political Leadership ◽  
Primary Source ◽  
Free State ◽  
Audit Report ◽  
Theoretical Understanding ◽  
Number Of Factors ◽  
Auditor General ◽  
Appointed Officials ◽  
The Impact

The 2016–17 Audit Report by the Auditor General points to the deterioration in audit results of South African municipalities. This deterioration confirms the perennial dysfunctionality of municipalities, at least from the governance perspective. Corporate governance is a function of leadership. Municipal councils are, therefore, responsible for the overall performance of municipalities they lead. Sound regulatory framework, good plans, clear strategies, policies, and systems are inadequate if not supported by highly gifted and ethical leadership. The Auditor General’s Audit Report suggests that local government struggles the most in the area of ethics. The Principal-Agent Theory argues that appointed officials are more likely to subvert the interests of an organisation. However, this article argues that the primary source of problems in municipalities is a combination of ineptitude and unethical political leadership taking root. This conclusion is based on the empirical comparative cases of eight municipalities in the Free State Province.  The conduct of councillors makes it difficult to attract and retain professionals in municipalities, resulting in notable deficiencies in the delivery of services. Essentially, councillors are the root cause for governance failure in municipalities arising from a number of factors. Findings in this study contribute towards the understanding of the impact of leadership in the failure of municipalities to meet good governance and developmental objectives. Further, they deepen the theoretical understanding of the political-administrative interface.

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