HomeBudgetMthuli Ncube tables 2020 auditor general report

Mthuli Ncube tables 2020 auditor general report

Mthuli Ncube tables 2020 auditor general report

Finance Minister Mthuli Ncube tabled the delayed 2020 Auditor-General Report in the National Assembly.

According to the Public Finance Management Act, the audit report of the previous year must be submitted to the finance minister by 30 June each year.

This means the 2020 audit report was supposed to have been submitted to Minister Mthuli Ncube on the 30th of June 2021.

Although the Minister did not tell the National Assembly why the report was delayed, it is assumed that delays in releasing the 2019 report could have eaten into the audit period for the 2020 report.

Speaking in the National Assembly, while tabling the report, the Minister indicated that it was basically the Report on State Enterprises and Parastatals.

‘’Madam Speaker, I seek leave of the House to table the Report of the Auditor-General for the year ended 31st December 2020.

‘’Section 10, paragraph 1 of the Audit Office Act provides that the Auditor General after examining the accounts transmitted to him or her in terms of Section 35:6 and Section 7 of the Public Finance Management Act and the accounts of any public entity designated on board of Statutory Fund and after signing a certificate recording the result of his or her examination shall prepare and submit to the Minister not later than 30th June in each year a report on the outcome of his or her examination; an audit of the accounts referred to him or her in terms of Section 6:1.

‘’The Auditor Officer further provides in Section 12 that any report transmitted in terms of Section 10 shall be laid by the Minister before this august House on one of the seven days in which the House sits next after he or she has received such a report.

‘’Madam Speaker Ma’am, in line with the aforementioned provisions of our law, now lay the report of the Auditor-General for the year ended 31st December 2020, before this august House for consideration.

‘’I must hasten to add that for the benefit of the august House, this report basically encompasses the appropriation accounts, finance, and revenue statements and fund account that is one and two, is basically the Report on State Enterprises and Parastatals. ‘’I noticed that the previous debate was focusing on ZBC so there will be more in the Auditor General’s report to chew over. Finally, there is an Audit Report on Local Authorities. I thank you,’’ he said.

Mthuli Ncube tables 2020 auditor general report

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