Chapter 2 - P rogramme 1 - Department of Defence

| Department of Defence | Vote 20 |
REPORT OF THE ACCOUNTING OFFICER
for the year ended 31 March 2008 (continued)
05/06 AG
ANNUAL
REPORT
REF
Page 262,
par 4.2
RECOMMENDATIONS MADE
IN SCOPA RESOLUTIONS
DATED 21 NOV 07
b) That an improved revenue
management process is
implemented that guarantees that
all monies due to government
are collected and that revenue
disclosed in the financial
statements are complete and
accurate.
DOD PROGRESS ON ACTION PLANS
i. A revenue manager was appointed on
23 August 2007.
ii. The Financial Management System has
been changed to enable proper revenue
management and to provide comprehensive
revenue management information.
iii. Revenue budgets have been captured on
FMS for the 2007 and 2008 budget cycles
at the point of collection.
iv. Revenue budgets are being compiled and
captured for the 2009 budget cycle and will
be completed by 30 April 2008.
v. The revenue management policy will be
promulgated by 30 June 2008.
vi. Appropriate training will be conducted on
a regional basis at the points of collection
as soon as the policy has been approved.
Modules have also been included in formal
training courses and Revenue Management
Workshops will be held in the near future.
vii. The establishment of internal control
processes is dependent on the approval of
the policy. These processes are prescribed
in detail in the policy and entail for e.g.:
• compliance certificates to be completed
by the Officers Commanding;
• monitoring of the monthly
reconciliation reports submitted by level
4 units; and
• accountability measures by means
of monthly reports regarding noncompliance
to the Accounting Officer.
239 Annual Report FY 2007 - 2008
| Financial Performance |