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FASSET | Annual Integrated Report 2022/23
2. LIST OF ABBREVIATIONS/ACRONYMS
4IR Fourth Industrial Revolution
AA Accounting Authority
AET Adult Education and Training
AFS Annual Financial Statements
AGSA Auditor-General of South Africa
AIR Annual Integrated Report
APP Annual Performance Plan
ARC Audit and Risk Committee
ATR Annual Training Reports
ATSA Accounting Technician South Africa
B-BBEE Broad-Based Black Economic Empowerment
BCM Business Continuity Management
BRICS Brazil, Russia, India, China and South Africa
CPD Corporation for Public Deposits
CPD Continuous professional development
CEO Chief Executive Officer
CET Community education and training
CFO Chief Financial Officer
CGC Colleges Governors’ Council
CIMA Chartered Institute of Management Accountants
CPD Corporation for Public Deposits
CRMPs Compliance Risk Management plans
CSR Corporate Social Responsibility
DHET Department of Higher Education and Training
DPME Department of Planning, Monitoring and Evaluation
EDP Executive Development Programme
ERP Enterprise Resource Planning
ERRP Economic Reconstruction and Recovery Plan
ETDP Education, Training and Development Practices
EXCO Executive Committee
FAS Financial and Accounting Services
FASSET Financial and Accounting Services Sector Education and Training Authority
FINCO Finance Committee
GSC Governance and Strategy Committee
GRAP Generally Recognised Accounting Practice
HEI Higher Education Institution
HET Higher Education and Training
HIRA Hazard Identification and Risk Assessment
HREMCO Human Resources and Remuneration Committee
ISA International Standards on Auditing
Make the future count. | 3