Auditing in local government (SAQA ID 116351)

Teacher

Understand the background and nature of auditing in South African municipalities;
Interpret and apply legislation relevant to auditing in municipalities;
Understand the relationships and differences between internal and external auditing;
Understand the internal and external audit process, including the importance of risk based audit plans and control environments;
Understand the role that internal and external audit, together with audit committees, play towards strengthening financial management, governance and oversight;
Distinguish between stewardship auditing and performance as well as value for money auditing; and
Interpret the different types and opinions of external audit reports.