ELRC 202324 Annual Report

EDUCATION LABOUR RELATIONS COUNCIL | 2023/24 ANNUAL REPORT

Page 5. PROGRAMMEEXPENDITURE.................................................................... 107 5.1 Capital Investment, Maintenance and Asset Management Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107 Part C: Governance

1. INTRODUCTION............................................................................. 109

2. THEACCOUNTINGAUTHORITY................................................................... 109

3. RISKMANAGEMENT.......................................................................... 112

4. INTERNALCONTROL ......................................................................... 112

5. INTERNALAUDITANDAUDITANDRISKCOMMITTEE .................................................... 113

6. ICTGOVERNANCE ........................................................................... 113

7. COMPLIANCEWITHLAWSANDREGULATIONS ........................................................ 113

8. FRAUDANDCORRUPTION...................................................................... 113

9. OCCUPATIONAL,SAFETY,HEALTHANDENVIRONMENT................................................... 114

10. CODEOFCONDUCT.......................................................................... 114

11. SOCIALRESPONSIBILITY....................................................................... 114

12. AUDIT AND RISK COMMITTEE REPORT: 2023/24 ANNUAL FINANCIAL YEAR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116

Part D: Human Resource Management

1. INTRODUCTION............................................................................. 123

2. HUMANRESOURCEOVERSIGHTSTATISTICS.......................................................... 124

Part E: Financial Information

1. INDEPENDENTAUDITOR’SREPORT................................................................ 129

2. ANNUALFINANCIALSTATEMENTS ................................................................ 132

3. ANNEXURES............................................................................... 160

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