PRESENTATION ON ASSET MANAGEMENT Z Gcasamba A/CFO
Description: PRESENTATION ON ASSET MANAGEMENT Z Gcasamba ACFO 19 August 2022 Aim of the presentation 2 To apprise the Executive Authority about the status of asset management in the department. Movable asset register as at 31 March 2022 3 Assets under
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slide1. PRESENTATION ON ASSET MANAGEMENT Z Gcasamba A/CFO 19 August 2022<br>
slide2. Aim of the presentation 2 To apprise the Executive Authority about the status of asset management in the department.<br>
slide3. Movable asset register as at 31 March 2022 3<br>
slide4. Assets under investigation 4<br>
slide5. Lost asset register for the period 31 March 22 5<br>
slide6. Minor asset register as at 31 March 2022 6<br>
slide7. Minor assets under investigation 7<br>
slide8. Challenges 8 No dedicated asset management structure within the department. Exception 76 - Internal Control Deficiency: Monthly asset reconciliation not performed (COMAF 22) Exception 2 - Disagreement misstatement: Assets under investigation not disclosed in the annual financial statements (COMAF 31) Findings raised during the 2021-22 audit<br>
slide9. THANK YOU<br>
slide2. Aim of the presentation 2 To apprise the Executive Authority about the status of asset management in the department.<br>
slide3. Movable asset register as at 31 March 2022 3<br>
slide4. Assets under investigation 4<br>
slide5. Lost asset register for the period 31 March 22 5<br>
slide6. Minor asset register as at 31 March 2022 6<br>
slide7. Minor assets under investigation 7<br>
slide8. Challenges 8 No dedicated asset management structure within the department. Exception 76 - Internal Control Deficiency: Monthly asset reconciliation not performed (COMAF 22) Exception 2 - Disagreement misstatement: Assets under investigation not disclosed in the annual financial statements (COMAF 31) Findings raised during the 2021-22 audit<br>
slide9. THANK YOU<br>