MBOMBELA – The Auditor-General (AG) has given Cogta a clean audit for the 2019/20 financial year. MEC for cooperative governance in Mpumalanga, Mandla Msibi said the achievement signifies the high level of commitment by the department to comply with legal prescripts provided for in the management of public funds.
“This achievement is an expression of our commitment to comply with the Public Finance Management Act (PFMA), Treasury Regulations and legal prescripts in the management of public funds,” he explained.
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Effective internal controls, according to Msibi, are a recipe for a clean audit outcome. He said Cogta pays attention to this aspect in the beginning of every financial year as a building block for the clean audit achievement. “This is an outcome of sound financial and performance management, effective risk management and audit committees, effective internal audit, IT governance and the implementation of sound decisions.
Through this seventh clean audit, our department has positioned itself as a public institution with a reputation for the proper spending of the public purse,” he explained. Msibi credited the management and officials of the department for the achievement and dedicated it to the late chief financial officer, Sibusiso Matsebula, who passed away in July.
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“Without your contribution this achievement would not have been possible. Our next challenge is to sustain this achievement as a legacy that Matsebula built over the years. By treating every day as an audit day, we will be able to keep this legacy alive,” Msibi reckoned.
