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UTHUKELA DISTRICT MUNICIPALITY: 2022/2023 DRAFT ANNUAL PERFORMANCE REPORTDRAFT ANNUAL PERFORMANCE REPORT 2022/2023OFFICE OF THE MUNICIPAL MANAGER: PERFORMANCE MANAGEMENT SYSTEM1UTHUKELA DISTRICT MUNICIPALITY:
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The Auditor-General of South Africa (AGSA) is an independent institution established in terms of the Constitution of South Africa. It is responsible for auditing and reporting on the financial statements of government entities and improving accountability within public resources.
All public sector entities, including national and provincial departments, municipalities, and public entities, are required to submit their financial statements for auditing to the Auditor-General of South Africa.
Entities must complete financial statements in accordance with the applicable accounting standards and guidelines provided by AGSA. This involves gathering financial data, ensuring compliance with regulations, and preparing documentation for submission.
The purpose of the Auditor-General of South Africa is to enhance accountability and promote good governance by auditing public sector financial statements and performance reports, ensuring transparency in the use of public resources.
The financial statements submitted to AGSA must include details on income, expenditures, assets, liabilities, and compliance with applicable laws and regulations, as well as performance information and audit findings.
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