FASSET ANNUAL REPORT

32. Prior period error (continued) Commitements Project commitement Project commitement was incorrectly understated By R 11 976 822 in 2020. 2020 Figures were restated.

Commitement Projects

Previously reported

Correction of error

Restated Amount

University of Cape Town (UCT) IMAS - CIMA Qualification

331

3 145 1 572 3 421 (175)

3 476 1 638 4 693

66

SAIPA

1 272

Institute of Management Accounting & Strategy (IMAS)

175

-

ISFAP

33 717

4 020 37 737

Spectrium

6

(6)

-

Total project commitement

334 330

11 977 346 307

Admin commitement

Admin commitement was incorrectly understated By R 1 162 000 in 2020. 2020 Figures were restated.

Admin Commitement

As previous reported

Correction of error

Total

Office rental

9 727

1 162 10 889

Irregular expenditure 2020

As previous reported

Correction of error

Restated

Irregular expenditure - identified in the current year

115

(39)

76

In the prior period (2020) an amount of R 39 000 was incorrently diclosed as irregular expenditure and 2020 figures was restated.

FASSET Annual Integrated Report 2020/21

136