RTIA Annual Report E-Book

Report of the auditor-general to Parliament on Road Traffic Infringement Agency Report on the audit of the financial statements Qualified opinion I have audited the financial statements of the Road Traffic Infringement Agency set out on pages 110 to 175, which comprise the statement of financial position as at 31 March 2024, statement of financial performance, statement of changes in net assets, statement of cash flows and statement of comparison of budget and actual amounts for the year then ended, as well as notes to the financial statements, including a summary of significant accounting policies. In my opinion, except for the effects and possible effects of the matters described in the basis for qualified opinion section of this report, the financial statements present fairly, in all material respects, the financial position of the Road Traffic Infringement Agency as at 31 March 2024 and its financial performance and cash flows for the year then ended in accordance with the Standards of Generally Recognised Accounting Practice (Standards of GRAP) and the requirements of the Public Finance Management Act 1 of 1999 (PFMA). 1. 2.

I was unable to confirm the AARTO liabilities - unallocated receipts by alternative means. Consequently, I was unable to determine whether any adjustments were necessary to AARTO liabilities - unallocated receipts stated in note 6 to the financial statements at R87 256 196 (2023: R82 718 225).

AARTO liabilities - Road Traffic Infringement Agency

4.

Not all outstanding amounts meeting the definition of a liability were recognised in accordance with GRAP 1, Presentation of financial statements . Adequate records of outstanding payments for infringement fees collected but not yet paid at year-end were not maintained. This resulted in AARTO liabilities - Road Traffic Infringement Agency disclosed in note 6 to the financial statements being understated by R12 632 909 and the comparative for 2023 being understated by R2 311 055. I conducted my audit in accordance with the International Standards on Auditing (ISAs). My responsibilities under those standards are further described in the responsibilities of the auditor-general for the audit of the financial statements section of my report. I am independent of the public entity in accordance with the International Ethics Standards Board for Accountants’ International code of ethics for professional accountants (including International Independence Standards) (IESBA code) as well as other ethical requirements that are relevant to my audit in South Africa. I have fulfilled my other ethical responsibilities in accordance with these requirements and the IESBA code.

Context for opinion 5.

6.

Basis for qualified opinion AARTO liabilities - unallocated receipts 3.

I was unable to obtain sufficient appropriate audit evidence that the AARTO liabilities - unallocated receipts for the current and previous year had been properly accounted for, due to the status of the accounting records.

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Road Traffic Infringement Agency • Annual Report 2023/24