Annual Report Process and Guidelines Budget

Transcript:Annual Report Process and Guidelines Budget:
Annual Report Process and Guidelines Budget Committee 3rd October 2022 Provincial Treasury Unlocking the Value from a Good Governance Agenda 1 2 3 4 5 6 Financial Management Capability Maturity Levels Conformance Performance Sound Corporate Governance People; Process; Tools + Behaviour Change + Innovation + 3 E’s People Process Tools = SERVICE DELIVERY FOR THE CITIZEN PROVINCIAL WIDE CORPORATE GOVERNANCE FRAMEWORK Introduction National Treasury provides an Annual Report Guide for National and Provincial Departments and a separate Annual Report Guide for Schedule 3A and 3C Public Entities. The significant achievements, performance information, governance, human resources information and financial information are reported in the Annual Report. The information reported on includes the actual achievements in relation to the planned targets and budgets as published in the Strategic Plan, Annual Performance Plan, Estimates of Provincial Revenue and Expenditure; and Adjusted Estimates. The publishing of financial and non-financial information promotes accountability and transparency on the efficiency and effectiveness of government departments and improves trust and confidence in government service delivery. The reported information must be accurate and balanced, reporting the successes and explaining the shortcomings. The entire Annual Report is reviewed by the Auditor General to ensure that the information reported on in the Annual Report does not contradict that information that was audited. Budget Committee: Annual Report Process and Guidelines 3 Annual Report: Closing the Accountability Loop Budget Committee: Annual Report Process and Guidelines 4 Changes to the 2021/22 Annual Report Guide There were no significant changes in the annual reporting guideline – it was last updated August 2021 Beside minor wording changes, the following changes are noted: Budget Committee: Annual Report Process and Guidelines 5 Differences between the Annual Report Guides for Provincial Departments and Schedule 3A/3C Public Entities The documents used to compile the Annual Report is more extensive compared to the documents used by public entities, for e.g., Employment Equity plan is utilised by Departments only. Part A: General Information For public entities additional information is included, namely External Auditors Information – External Auditor’s Name and Address Registered name of the public entity Registered numbers and/or other relevant numbers Bankers Information- Name of Bank and Address of Bank Company Secretary – Full name and professional/designation Foreword by the Chairman of the Board for the Public Entity (as opposed to Foreword by MEC/Minister). Overview by the Chief Executive Officer for the Public Entity (as opposed to the Accounting Officer). The