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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

Other matter

21. I draw attention to the matter below.

Achievement of planned targets
22. The Annual Performance Report includes information on reported achievements against planned targets
and provides explanations for over- and under-achievements.

23. The public entity plays a key role in delivering services to South Africans. The Annual Performance Report
includes the following service delivery achievements against planned targets:

Reported
Key service delivery indicators not achieved Planned target
achievement
Programme 2: Skills Planning
Targets achieved: 83% Budget spent: 72%
2,5 Number of small firms WSP/ATR approved, and Mandatory 600 596
Grant paid annually
Programme 3: Learning Programmes and Projects
Targets achieved: 89% Budget spent: 41%
3,13 Number of unemployed learners who complete 250 228
qualification via bursary programme annually
3,19 Number of TVET students who complete a National 300 290
Diploma internship annually
3.21 Number of small businesses supported through 700 78
discretionary funding annually
3,30 Number of unemployed learners entering a bursary 433 290
programme (continuing)

24. Reasons for the underachievement of targets are included in the Annual Performance Report on page 49 to 66.

Report on compliance with legislation

25. In accordance with the PAA and the general notice issued in terms thereof, I must Audit and report on
compliance with applicable legislation relating to financial matters, financial management and other related
matters. The accounting authority is responsible for the public entity’s compliance with legislation.

26. I performed procedures to test compliance with selected requirements in key legislation in accordance with
the findings engagement methodology of the Auditor-General of South Africa (AGSA). This engagement is
not an assurance engagement. Accordingly, I do not express an assurance opinion or conclusion.

27. Through an established AGSA process, I selected requirements in key legislation for compliance testing
that are relevant to the financial and performance management of the public entity, clear to allow
consistent measurement and evaluation, while also sufficiently detailed and readily available to report in an
understandable manner. The selected legislative requirements are included in the annexure to this Auditor’s
Report.

28. I did not identify any material non-compliance with the selected legislative requirements.

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