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Musina mayor Mihloti Ramoyada proudly holds the SALGA trophy which was presented to Musina Municipality for improved audit outcomes.

Special award for improved audit

Date: 26 March 2015 By: News Correspondent

Musina Municipality was presented with a special award for improved Audit Outcomes for the 2013/2014 financial year. This was during the occasion of the 2015 South African Local Government Association (SALGA) Limpopo Finance Week which was recently held at Tzaneen.

The award has been hailed as a positive move since there has been some improvement in the running of the municipality for the past year. During the 2012/2013 financial year, the municipality received a qualified audit opinion from the Auditor General. A qualified audit opinion suggests that the information provided was limited in scope or the institution being audited has not maintained the generally accepted accounting principles (GAAP).

An improvement was recorded during the 2013/2014 financial year when the municipality received an unqualified audit opinion. An unqualified audit opinion is when the Auditor General concludes that financial records and statements are fairly and appropriately presented, and in accordance with the GAAP.

A jubilant mayor of the Musina Municipality, Cllr Mihloti Ramoyada, said that the award would go a long way in motivating councilors, administrators and all stakeholders to work towards the common goal of attaining a clean audit report. “Our next step is to make sure that all our reports, including finances, are free of any misrepresentations. The first basic area of improvement will be the ability to produce reliable monthly financial and management information, which is essential for the monitoring of service delivery activities.”

She added that they would continue to make sure that their financial records were maintained in accordance with the GAAP. “These processes will be achievable because we have adequate leadership and human resource capacity to perform these basic financial and management functions.”

 
 
 

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