BANKSETA ANNUAL REPORT 2023

PFMA COMPLIANCE REPORT

b) Reconciling Notes

Description

2022/23

2021/22

R’000

R’000

Irregular expenditure that was under assessment in 2022/23 Irregular expenditure that relates to 2022/23 and identified in 2021/22

- -

- - - -

Irregular expenditure for the current year

1 576 1 576

Total

c) Current Year Irregular Expenditure

Detail of Irregular Expenditure

2022/23

2021/22

R’000

R’000

i. Board fees of the Accounting Authority members whose appointments were not made in line with the Skills Development Act, no 97 of 1998 (SDA) as amended

1 246

1 298

ii. Expenditure incurred outside SCM legislation

330

Total Expenditure

1 576

1 298

d) Details of current and previous year irregular expenditure (under assessment, determination, and investigation)

Description

2022/23

2021/22

R’000

R’000

Irregular expenditure that was under assessment in 2022/23 Irregular expenditure that relates to 2022/23 and identified in 2021/22

- -

- -

1 576 1 576

1 298 1 298

Irregular expenditure for the current year

Total

e) Details of current and previous year irregular expenditure condoned

Description

2022/23

2021/22

R’000

R’000

Irregular expenditure condoned

1 417 1 417

- -

Total

During the current year the National Treasury condoned irregular expenditure arising from the financial years 2017/18, 2018/19 and 2019/20.

Description

2022/23

2021/22

R’000

R’000

Irregular expenditure NOT condoned and removed

3 915 3 915

-

Total

-

110

PART E: PFMA COMPLIANCE REPORT | BANKSETA ANNUAL REPORT 2022/23