RAND WATER ANNUAL REPORT 2023

ACRONYMS AND ABBREVIATIONS

AFS

Annual Financial Statement

ESD

Enterprise Supplier Development

EXCO

Executive Committee

AGSA

Auditor-General of South Africa

FPMO

Finance Project Management Office

AMD

Acid Mine Drainage

FSS

Financial Shared Services

AUC

Asset Under Construction

FWIE

Fruitless Wasteful and Irregular Expenditure

B-BBEE

Broad-Based Black Economic Empowerment

GAC

Group Audit Committee

CAF

Combined Assurance Forum

GLS

Group Legal Services

CE

Chief Executive

GIA

Group Internal Audit

CAPEX

Capital Expenditure

GRCS

Group Regulatory Compliance Services

CFO

Chief Financial Officer

HRREMCO

Human Resource and Remuneration Committee

COGTA

Cooperative Government and Traditional Affairs

IAR

Integrated Annual Report

CRC

Corporative Risk Committee

IAS

International Accounting Standards

CoSec

Company Secretary

IBWSMP

Integrated Bulk Water Sustainability Master Plan

CSI

Corporate Social Investment

DIFR

Disability Injuries Frequency Rate

IDP

Infrastructure Development Plan

DOA

Delegation of Authority

IEP

Integrated Executive Programme

DWS

Department of Water and Sanitation

IPA

Integrity and Probity Assurance

DMTN

Domestic Medium-Term Note

IP

Intellectual Property

DTIM

Digital Technology and Information Management

IIRC

International Integrated Reporting Council

IASB

International Accounting Standards Board

ELM

Emfuleni Municipality

IFRS

International Financial Reporting Standard

EE

Employment Equity

ISA

International Standards on Auditing

EWSETA

Energy and Water Sector Education Training Authority

IVRS

Integrated Vaal River System

ESG

Environmental, Social and Governance

JSE

Johannesburg Stock Exchange

ECSA

Engineering Council of South Africa

KPAs

Key Performance Areas

EWRM

Enterprise-Wide Risk Management

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