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)
14.1.2 Governance arrangements (Par 2). The Committee recommended that the Accounting
Officer ensures:
05/06 AG
ANNUAL
REPORT
REF
Page 263,
par 6.1
RECOMMENDATIONS MADE
IN SCOPA RESOLUTIONS
DATED 21 NOV 07
e) Improvement of internal
controls to ensure the accuracy
and validity of amounts
disclosed in the financial
statements.
DOD PROGRESS ON ACTION PLANS
i. The DOD is in the process to develop
and implement policies and procedures
to enforce accurate, valid and complete
information to be recognised and disclosed
in its financial statements.
ii. The DOD is also in the process of
appointing an external audit firm to assist
the department with the development
and implementation of sound internal
controls thus ensuring the accuracy, validity
and completeness of information to be
recognised and disclosed in the financial
statements. It is envisaged that the
appointed audit firm will start their work
on 2 June 2008 however it must be pointed
out that this project will probably only bear
fruit in the medium to long term.
iii. A head of internal audit has been
interviewed and will be appointed before
the end of this year.
iv. A logistics intervention programme has
started in 2007 and is currently addressing
inadequacies regarding the management
of movable and immovable assets. Part
of this programme is a CSIR project to
develop and implement a register for fixed
assets. The LIRP project for movable
assets is also underway but the effect
thereof will only be visible in the medium
term (3 years).
v. The DOD is also on a continuous basis
busy with PFMA Section 45 training
(Financial training for non-finance
officials).
241 Annual Report FY 2007 - 2008
| Financial Performance |