GDID ANNUAL REPORT 2024/25

• Ensuring laws and regulations are compliant. • Making recommendations on process improvement.

Key activities and objectives of the audit committee According to the Audit Committee Charter, the following are fundamental responsibilities and primary objectives of the committee: Primary Objectives • To enforce and strengthen accountability from institutions, improve the internal control environment and promote the culture of professional ethics and good governance. • To ensure the availability of a well-resourced, functional, and sustained internal audit function. • To ensure sound relationships with all assurance providers, oversight structures, and other stakeholders to achieve an effective combined assurance system. • To ensure effective and efficient internal and external audit processes in a coordinated manner. • To promote sound functional interaction between the internal audit and other assurance providers. • To ensure adequate and effective corporate governance, encompassing fraud and risk management, information management, internal control, financial management and reporting systems. • To enforce accountability in terms of financial and performance management for effective service delivery. • To ensure compliance with relevant laws and regulations. Fundamental responsibilities • Review, amend and adopt the GPG Audit Committee’s Charter annually or sooner if deemed necessary. • Assess the processes related to the risk and control environment pertaining to each GPG institution in that cluster. • Oversee the financial and non-financial reporting process, as well as IT governance, and evaluate the internal and external audit process. • Foster and improve open communication and contact among relevant stakeholders in the institution in that cluster. • Assess the relevance of and credibility of the outcome of the institution’s predetermined objectives, counsel and monitor the implementation of action plans. • Review the governance arrangements, processes, and structures, as well as information relating to the adequacy, efficiency and effectiveness of internal controls relating to ICT. • Report on the acceptability of the quarterly reports submitted to Provincial/National Treasury and should ensure that Internal Audit provides assurance on a quarterly basis and monitors implementation of action plans. • The Cluster Audit Committee shall make recommendations to HoDs, who then retain the responsibility for implementing such recommendations.

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DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT