FASSET ANNUAL REPORT

Dr. Blade Nzimande Minister of Higher Education, Science and Technology

Mr. Buti Manamela Deputy Minister of Higher Education, Science and Technology

Ms. Lynette Ntuli Chairperson

Ms. Ayanda Mafuleka CA(SA) Chief Executive Officer

Letter to the Minister

Honourable Minister, it is our privilege to present the Financial and Accounting Services Sector Education and Training Authority (FASSET) Annual Integrated Report for the period 1 April 2020 to 31 March 2021.

This report provides an account of FASSET’s financial and non-financial performance for the year under review. It includes detail on the manner in which we created value for stakeholders and contributed to the facilitation of skills development across the Post-School Education and Training (PSET) pipeline. We remain committed to continuing to partner with our stakeholders, and various delivery partners to change the personal and professional lives of thousands of South Africans.

Combined assurance was provided by the Auditor-General of South Africa (AGSA) who audited the Annual Financial Statements and performance information, as well as Internal Audit and management, taking into account critical risk areas.

The FASSET Accounting Authority endorses this Annual Integrated Report and remains committed to building a strong legacy in skills development with the objective of facilitating the attainment of world-class finance and accounting skills for the sector and the broader economy.

Lynette Ntuli Chairperson

Ayanda Mafuleka CA(SA) Chief Executive Officer

FASSET Annual Integrated Report 2020/21

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