The Gauteng Department of Roads and Transport and g-FleeT Management have received unqualified audit reports from the Office of the Auditor General (AGSA). This achievement highlights the organizations’ strict adherence to corporate governance principles and Public Finance Management Act (PFMA) regulations.
What is an Unqualified Audit Report?
An unqualified audit report means that the financial statements of the Department and its entity, g-FleeT Management, are sound in all material aspects. This milestone serves as a positive step towards realizing a responsive, capable, and accountable organization that is fit for purpose.
MEC Kedibone Diale-Tlabela Welcomes the Clean Audit Report
MEC Kedibone Diale-Tlabela welcomed the clean audit report, noting that it is a remarkable accomplishment given the wide range of services provided to the people of Gauteng and the complex challenges related to financial controls and management. The MEC expressed her gratitude to all officials and stakeholders for their assistance in achieving this milestone.
Importance of Compliance with Accounting Standards
The clean audit report underlines the Department’s dedication to compliance with accounting standards. MEC Diale-Tlabela emphasized the importance of maintaining effective internal controls, stringent financial management, and strict performance management measures.
Gautrain Management Agency Receives Clean Audit Opinion
The Gautrain Management Agency, an agency of the Gauteng Department of Roads and Transport responsible for managing the Gautrain Project, has also demonstrated its commitment to sound corporate governance and responsible financial management through its clean audit opinion.
Consistent Efforts Toward Organizational and Financial Integrity
The Department and its entities have consistently insisted on having and maintaining proper internal controls, including stringent financial management. They have also introduced and enforced strict performance management measures to ensure constant maintenance and improvement. These positive results serve as a reminder of the importance of sustained efforts to maintain organizational and financial integrity.
Recognition of Stakeholders’ Contributions
The MEC also took the opportunity to thank all relevant role-players involved in the Department’s endeavors to ensure the organization’s financial status remains sound. This collective effort has undoubtedly contributed to the impressive audit outcomes achieved by both the Gauteng Department of Roads and Transport and g-FleeT Management.
Exemplary Models for Other Departments and Entities
As these organizations continue to excel in their commitment to transparency, accountability, and sound financial management, they serve as exemplary models for other departments and entities. Their high standards in corporate governance and adherence to regulations will undoubtedly continue to benefit the people of Gauteng and contribute to the ongoing development and improvement of the region’s infrastructure and services.
For more information on the Gauteng Department of Roads and Transport and g-FleeT Management’s unqualified audit outcomes, please contact Head of Communication Ms. Melitah Madiba at 073 644 9935 or MEC’s Spokesperson Mr. Lesiba Mpya at 078 450 9841, or email pressoffice.gpdrt@gauteng.gov.za.
