Economic Development Annual Report

Annual Report 2023/2024 Mpumalanga: Department of Economic Development and Tourism - Vote 6

9. PRIOR MODIFICATIONS TO AUDIT REPORTS During the 2022/2023 financial year, the Department obtained an unqualified audit opinion with two (2) matters of emphasis. The table below summarises the matters of emphasis raised in the audit report and important areas of concern as listed in the management report:

Nature of qualification, disclaimer, adverse opinion and matters of non-compliance As disclosed in note 20 to the financial statements, the department incurred irregular expenditure of R14, 1 million as it did not follow a proper procurement processes. As disclosed in note 25 to the financial statements, the corresponding figures for 31 March 2022 were restated as a result of an error in the financial statements of the department at, and for the year ended 31 March 2023.

Financial year in which it first arose

Progress made in clearing / resolving the matter The appointment of a service provider was finalised during the year to avoid ongoing irregular expenditure Quarterly financial statements (IFS) are prepared. Currently sign offs are being done and reviewed by the Chief Financial Officer before submission to Treasury.

2016/2017

2016/2017

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