Mr LJ Mahlangu - Municipal Demarcation Board

8. INTERNAL AUDIT
The internal audit function is an independent appraisal
mechanism which evaluates the Board’s
procedures and systems (including internal control,
disclosure procedures and information system),
ensuring that these are functioning effectively.
During the year under review, the internal audit
function performed carried out its audits in terms of
an approved internal audit plan. Details of internal
audit activity are presented in Chapter 2.
9. DISCONTINUED ACTIVITIES/ACTIVITIES TO BE
DISCONTINUED
None.
10. EVENTS AFTER THE REPORTING DATE
None.
11. GOING CONCERN
The financial statements have been prepared
on the going concern basis, since there is every
reason to believe that the Board has adequate resources
to continue in operation for the foreseeable
future.
12. PERFORMANCE INFORMATION
During the year, the Framework for Managing
Program Performance Information issued by the
National Treasury was implemented. This was to
ensure that performance information is collected,
verified and reported on a quarterly basis to the
Board and the Department of Cooperative Governance
and Traditional Affairs. Performance information
includes predetermined strategic objectives,
key performance indicators, results achieved
and explanations where there are variances. Performance
information for the year is presented on
Chapter 2 of the Annual Report.
APPROVAL
41 MUNICIPAL DEMARCATION BOARD - Annual Report 2012
The annual financial statements are hereby approved
by the Accounting Officer.
Accounting Officer
31 May 2012