Could there be a link between internal auditors’ ability to balance the books and the lack of revenue management systems for some struggling municipalities?
A number of municipalities are currently indebted to South Africa’s power utility, Eskom, and as such are unable to distribute electricity to consumers.
On Monday, ESI Africa attended the opening of the 2018 forum of the Chartered Institute of Government Finance, Auditing and Risk Officers (CIGFARO) to understand whether there is a link and how it could be solved.
The theme for this year’s seminar is repositioning and maximising assurance role.
Jane Masite, the CIGFARO Past President and Internal Audit Forum Chair, explained that the institute decided on this theme because “we believe we…
