Capricorn District Municipality has received an unqualified audit opinion with findings for the 2017/18 financial year from the Auditor-General.
This is CDM’s 5th consecutive unqualified audit opinion, which means that the municipality’s financial management and governance remain sound and strong; and remedial measures have been taken in line with emphasis of being an accountable and transparent administration.
It was through hardwork that the municipality has for the fifth time, achieved this good audit performance. “It’s an indication of the commitment we made to ensure that public finances are managed well and that all costs incurred are accounted for. It is of utmost importance to ensure that all resources are used towards improving the quality of life of our people”, said Executive Mayor John Mpe when presenting the report to Council at its recent sitting.
The Audit Report is now with Council’s Municipal Public Accounts Committee (MPAC) for oversight, further interrogation and recommendation to Council for any action required.
The number of material findings were significantly reduced, means that measures were put in place to address finding raised in the previous report, and controls are in order to improve chances of clean audit. “There is still much to be done to clear all findings and attain clean audit but with the enthusiasm and the systems we have put in place, we are confident that we are on the right path”, he said.