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FASSET | Annual Integrated Report 2022/23

Report of the Auditor-General to Parliament on the Financial and
Accounting Services Sector Education and Training Authority
Report on the Audit of the Financial Statements

16. I selected the following programmes presented in the Annual Performance Report for the year ended 31
March 2023 for Auditing. I selected programmes that measures the public entity’s performance on its
primary mandated functions and that are of significant national, community or public interest.

Programme Page numbers Purpose
Programme 2: Skills 51 To establish an effective mechanism for skills planning
Planning and research. It is responsible for researching skills needs
within the sector and developing the SSP that guides skills
development priorities for the finance and accounting
sector; as well as informing the SETA’s SP and APP
Programme 3: Learning 53 The learning programmes and projects programme is
Programme and focused on enabling and enhancing skills development in
Projects and for the finance and accounting sector in partnership
with relevant stakeholders. It also aims to promote the
finance and accounting sector as a preferred career
choice for new entrants into the labour market. Through
targeted funding of skills interventions, the SETA expects
to transform the finance and accounting profession and
sector

17. I evaluated the reported performance information for the selected programmes against the criteria developed
from the performance management and reporting framework, as defined in the general notice. When an
Annual Performance Report is prepared using these criteria, it provides useful and reliable information and
insights to users on the public entity’s planning and delivery on its mandate and objectives.

18. I performed procedures to test whether:
• the indicators used for planning and reporting on performance can be linked directly to the public
entity’s mandate and the achievement of its planned objectives
• the indicators are well defined and verifiable to ensure that they are easy to understand and apply
consistently and that I can confirm the methods and processes to be used for measuring achievements
• the targets can be linked directly to the achievement of the indicators and are specific, time bound and
measurable to ensure that it is easy to understand what should be delivered and by when, the required
level of performance as well as how performance will be evaluated
• the indicators and targets reported on in the Annual Performance Report are the same as what was
committed to in the approved initial or revised planning documents
• the reported performance information is presented in the Annual Performance Report in the prescribed
manner
• there is adequate supporting evidence for the achievements reported and for the reasons provided for
any over- or underachievement of targets.

19. I performed the procedures for the purpose of reporting material findings only; and not to express an
assurance opinion.

20. I did not identify any material findings on the reported performance information of the selected programmes.

Make the future count.
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