BANKSETA AR 31 AUGUST

Comments for Noting

the due date was

incorrectly captured on the APP and

should read 30 June 2021

Reasons for Deviations

Researchers

cannot predict

the response

rate to a study

and therefore it was not

appropriate to put 80%

response rate as a target.

The target for

2022/23 has

been corrected

to be a Tracer

Study Report

rather than a

Percentage

response rate

None Not Applicable It must be noted that

from planned target to Actual

Deviation

Achievement 2021 - 2022

The submitted report indicates

that 66% of

learners were not tracked

and reported on

Actual

Achievement

Report on WBL

learners submitted where 14% of beneficiaries

were tracked and reported on

A 3 year rolling

strategic internal audit plan was

produced and

approved by the Audit and Risk

Committee on 9 March 2021

Planned Annual Target

Tracking of 80%

of WBL learners

completed in 2017 and 2018

Produce a 3-year rolling strategic

internal audit plan

and submit to the Audit and Risk

Committee for

approval by 30

June of each year. Quarterly audit

implementation

reports presented

to Audit and Risk Committee

Audited Actual Performance 2020 - 2021

80% of WBL

learners are

tracked and

reported on

The overall three

year strategic and annual plan was

approved in totality by the Audit and

Risk Committee

in the Feb 2021 meeting

Actual

Audited

Performance 2019 - 2020

Report on WBL Tracking and

Tracer Study completed

Plan submitted

and reported on

Output

Indicator

Report on WBL Tracking and

Tracer Study

Approved

internal audit plan and quarterly

monitoring reports

Annual Performance Report for the Period 1 April 2021 to 31 March 2022 Outcome Output Design Audit Plan and its implementation Tracking and Tracer Study for WBL interventions

An efficient and

effective SETA that complies

with legislation, policy and

good corporate governance principles

1.7 Monitoring and evaluation of BANKSETA effectiveness and impact measured

1.6 Organisational Compliance, Internal Audit and Risk Management (continued)

40

PART B: PERFORMANCE INFORMATION | BANKSETA ANNUAL REPORT 2021/22