SMD

1. IRREGULAR, FRUITLESS AND WASTEFUL, UNAUTHORISED EXPENDITURE AND MATERIAL LOSSES

Irregular expenditure

1.1.

a)

Reconciliation of irregular expenditure

Description

2023/2024

2022/2023

R’000

R’000

Opening balance

655

0

Adjustment to opening balance

0

655

Opening balance as restated

0

0

Add: Irregular expenditure confirmed

88

0

Less: Irregular expenditure condoned

0

0

Less: Irregular expenditure not condoned and removed

0

0

0

0

Less: Irregular expenditure recoverable 8

Less: Irregular expenditure not recoverable and written off

0

0

Closing balance

743

655

The determination has been finalised- consequence management is underway.

Reconciling notes

Description

2023/2024

2022/2023 9

R’000

R’000

Irregular expenditure that was under assessment

-

-

Irregular expenditure that relates to the prior year and identified in the current year

-

-

Irregular expenditure for the current year

88

-

Total

88

-

b) Details of irregular expenditure (under assessment, determination, and investigation)

Description 10

2023/2024

2022/2023

R’000

R’000

Irregular expenditure under assessment

-

-

Irregular expenditure under determination

-

-

Irregular expenditure under investigation

-

-

Total

-

-

Assessments being undertaken.

8 Transfer to receivables 9 Record amounts in the year in which it was incurred 10 Group similar items

Part E • PFMA COMPLIANCE REPORT • Department of Small Business Development

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