statement of financial performance, was The accounting officer should ensure that ensure completeness, accuracy and necessary. authorization. requests for information are submitted within Perform reconciliation of the sequential the days agreed upon to the auditors. number as per the filling room (last voucher number) against the last payment voucher as per system to ensure that all invoices captured but not paid are filled accordingly to avoid misplacement of documents. Ensure that all documents are scanned into the system as and when they are received. Distribution losses I was unable to obtain sufficient appropriate Implement credit control measure to ensure Director 30 June 2017 that outstanding account are paid on time. ITS/CFO/Manager audit evidence for bulk electricity and water Implement the assets maintenance plan to Revenue/Manager distribution losses due to an inadequate ensure that assets a properly maintained to Water/Manager billing process and the limitation on the avoid impairments and to ensure that the Electricity testing of bulk purchases. The extent of these economic benefits as intended are consumed distribution losses could not be confirmed by from the assets. alternative means. Consequently, I was Perform monthly reconciliation between the purchased and the units sold. unable to determine whether any Perform the year end reconciliation between adjustments relating to electricity the units purchase, sold and on hand to distribution losses of R310 187 118 and determine the amount of losses incurred at water distribution losses of R130 386 620 year end. disclosed in note 50 to the financial Review of financial statement to ensure that statements, were necessary. the Distribution losses are correctly disclosed.
statement of financial performance, was necessary. The accounting officer should ensure that requests for information are submitted within the days agreed upon to the auditors. ensure completeness, accuracy and authorization. Perform reconciliation of the sequential number as per the filling room (last voucher number) against the last payment voucher as per system to ensure that all invoices captured but not paid are filled accordingly to avoid misplacement of documents. Ensure that all documents are scanned into the system as and when they are received. Distribution losses I was unable to obtain sufficient appropriate audit evidence for bulk electricity and water distribution losses due to an inadequate billing process and the limitation on the testing of bulk purchases. The extent of these distribution losses could not be confirmed by alternative means. Consequently, I was unable to determine whether any adjustments relating to electricity distribution losses of R310 187 118 and water distribution losses of R130 386 620 disclosed in note 50 to the financial statements, were necessary. Implement credit control measure to ensure that outstanding account are paid on time. Implement the assets maintenance plan to ensure that assets a properly maintained to avoid impairments and to ensure that the economic benefits as intended are consumed from the assets. Perform monthly reconciliation between the purchased and the units sold. Perform the year end reconciliation between the units purchase, sold and on hand to determine the amount of losses incurred at year end. Review of financial statement to ensure that the Distribution losses are correctly disclosed. Director ITS/CFO/Manager Revenue/Manager Water/Manager Electricity 30 June 2017