HDA Annual Report

ANNUAL REPORT 2023/24

Anti-Fraud and Corruption The Agency implemented 100% of all the activities in its anti-fraud and corruption plan for the 2023/24 financial year resulting in reduced incidences of fraud and improved accountability and ethical conduct. The anti-fraud and corruption plan includes ethics, fraud risk assessment, training and awareness; screening and vetting of employees, forensic investigations where applicable, and disciplinary actions. Conclusion Our financial and non-financial performance results point to an entity striving for continuous improvement. While we are pleased that we have maintained an unqualified audit outcome with findings and improved performance against our predetermined objectives, we remain resolute in our endeavours to attain a clean audit in the future. To this end, we have put in place the following measures: Developed an audit action plan to address the root causes of audit findings. Implemented a Caseware Financial System to improve the accuracy of financial reporting. Prepared monthly financial statements instead of only preparing them quarterly and at year-end. Developed a comprehensive checklist for the preparation of the financial statements. • • • •

• Conducted monthly Internal Audit follow-up reviews on both internal and external audit findings. Established an Operation Clean Audit Committee to monitor progress on resolving audit findings. To all our staff, we owe you a debt of gratitude, ningadinwa, le ka moso. Through our collective effort, performance and audit outcomes for the 2023/24 financial year have improved. Our mandate requires us to do everything within our power to improve the experiences of our beneficiaries by delivering integrated and sustainable human settlements. We extend our appreciation to the Board for its guidance, support, and leadership. Our performance results are a testimony to your leadership and guidance. We also appreciate the collaboration with various municipalities, provinces and a wide range of stakeholders across the country. We thank our Minister being our Executive Authority and the National Department of Human Settlements for your support, advice, and guidance as we drive continuous improvement. •

Bheki Khenisa Chief Executive Officer

DRIVING CONTINUOUS IMPROVEMENT...

16