ACTION PLAN FOR AUDIT QUERIES UMTSHEZI MUNICIPALITY- 2013/2015 Audit Report paragraph Implementation / number/Finding Action plan (Target) Accountable Status Date Executive 1. Commitments not Training will be provided to all relevant Finance 15 February 2014 CFO, All directors Commenced completely disclosed in staff. the annual financial A Contract Register will be compiled that will 7 February 2014 CFO, All directors Commenced statements indicate all the commitments. Contracts and Work in Progress will be CFO, All directors Commenced monitored monthly and updated on the Contract Register and the Venus system. 2. Accruals not completely Training will be provided to all relevant Finance 15 February 2014 CFO disclosed in the annual staff. Done for half year financial statements. Retention creditor’s will be disclosed in the 10 February 2014 CFO end and year-end financial statements; All monies received and not used will be CFO accounted for as liability (Unexpended grants). 31 July 2014 All services rendered/goods received by the end of the reporting will be accounted for. 31 December 2013 CFO 30 June 2014 3. Irregular expenditure of Council as per section 32 of the MFMA will 26 February 2014 Council R12.8 million. investigate irregular expenditure of R12.8 To be done before million, as reported. year end
ACTION PLAN FOR AUDIT QUERIES UMTSHEZI MUNICIPALITY- 2013/2015 Audit Report paragraph number/Finding Action plan Implementation / (Target) Date Accountable Executive Status 1. Commitments not completely disclosed in the annual financial statements Training will be provided to all relevant Finance staff. A Contract Register will be compiled that will indicate all the commitments. Contracts and Work in Progress will be monitored monthly and updated on the Contract Register and the Venus system. 15 February 2014 7 February 2014 CFO, All directors CFO, All directors CFO, All directors Commenced Commenced Commenced 2. Accruals not completely disclosed in the annual financial statements. Training will be provided to all relevant Finance staff. Retention creditor’s will be disclosed in the and year-end financial statements; All monies received and not used will be accounted for as liability (Unexpended grants). All services rendered/goods received by the end of the reporting will be accounted for. 15 February 2014 10 February 2014 31 July 2014 31 December 2013 30 June 2014 CFO CFO CFO CFO Done for half year end 3. Irregular expenditure of R12.8 million. Council as per section 32 of the MFMA will investigate irregular expenditure of R12.8 million, as reported. 26 February 2014 Council To be done before year end
FINAL-IDP-2015-16-tis.docx