ELRC 202324 Annual Report

EDUCATION LABOUR RELATIONS COUNCIL | 2023/24 ANNUAL REPORT

Executive Services

Deviation from Planned Target to Actual Achievement for 2023/24

Actual Achievement 2023/24

Programme Performance Indicator

Planned Target 2023/24

Comment on Deviation

Actual Achievement 2022/23

Status

Internal Audit Quarterly reporting to Management and ARC on the status of implementing management agreed corrective action plans from prior audit reports

Achieved Quarterly follow up of prior audit reports (monitoring of actions taken by management in response to audit recommendations agreed action plans): • 4 follow-up engagements Achieved The 2024/25 Enterprise Risk Register was approved by the Audit and Risk Committee on the 27 March 2024 Achieved 4 Risk Register Monitoring Reports were issued and tabled at the quarterly Audit and Risk Committee meetings

None

n/a

Quarterly evaluation of the implementation of corrective action for prior audit findings and reporting the outcome to Management and ARC risk register development process and submission of the Enterprise Risk Register to the ARC for approval by end of March 2024 Evaluate the ERR and report the outcome to Management and table the report at the ARC quarterly meeting Facilitation of the annual

Achieved The 2023/24 Risk Assessment Report was approved by the ARC Chairperson on 29 March 2023

Approved 2024/25 annual Enterprise Risk Register (ERR)

None

Achieved The Risk Monitoring report was issued and tabled at the quarterly ARC meetings

Quarterly reporting to Management and ARC on the Enterprise Risk Register

None

Overview of the Executive Services Programme’s Performance of the 2023/24 financial year

Internal Audit resources were effectively utilised to perform risk-based audits, follow up on prior audits, monitor management’s implementation of corrective action plans, conduct mandatory reviews, provide support to management activities, serve in-house committees, and assist with administration activities. The Internal Audit function conducted audit engagements and issued reports in accordance with the approved 2023/24 Audit Plan, as per the table below:

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