RAND WATER ANNUAL REPORT 2023

Consolidated Annual Financial Statements for the year ended 30 June 2023

Report of the Group Audit and Risk Committee Governance of risk

The Committee oversees the implementation of the policy and plan for risk management taking place by means of risk management systems and processes. The Committee oversees the financial risk management aspect and is satisfied that appropriate and effective systems are in place for risk management. External Auditor’s Report The Committee accepts the audit opinion of the external auditors on the consolidated annual financial statements and recommends that the audited consolidated annual financial statements be accepted and read together with the report of the external auditors.

Ms. Zanele Monnakgotla

Chairperson

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