HDA Annual Report

ANNUAL REPORT 2023/24

statements and the selected programmes presented in the annual performance report, or my knowledge obtained in the audit, or otherwise appears to be materially misstated. 28. When I do receive and read the minister’s note, chairperson’s report, CEO’s report, corporate governance, audit and risk committee report and human capital management report, if I conclude that there is a material misstatement therein, I am required to communicate the matter to those charged with governance and request that the other information be corrected. If the other information is not corrected, I may have to retract this auditor’s report and re-issue an amended report as appropriate. However, if corrected this will not be necessary. Internal control deficiencies I considered internal control relevant to my audit of the financial statements, annual performance report and compliance with applicable legislation; however, my objective was not to express any form of assurance on it. 30. The matters reported below are limited to the significant internal control deficiencies that resulted in the material finding on compliance with legislation included in this report. 31. Leadership did not adequately exercise oversight responsibility regarding financial and performance reporting and compliance as well as related internal controls. 32. Management did not adequately prepare regular, accurate and complete financial reports that are supported by reliable information resulting in material adjustments to the annual financial statements. 33. Management did not adequately review and monitor compliance with applicable laws and legislation. 29.

Other reports

34. I draw attention to the following engagement conducted by various parties. This report did not form part of my opinion on the financial statements or my findings on the r ported performance information or compliance with legislation. 35. On the 15 January 2024, Minster of Human settlements: Ms MT Kubayi requested the Housing Development Agency to conduct lifestyle audits on the following employees: Executive management, Senior managers and SCM employees as at 31 March 2024, the audits have not started, the matter has been referred to SIU to conduct the audit by the Chairperson of the Audit and Risk Committee.

Pretoria 31 July 2024

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