Auditors and other services : changes to the PFMA necessary
Loading...
Date
Authors
Gloeck, Juergen D. (Juergen Dieter), 1956-
Journal Title
Journal ISSN
Volume Title
Publisher
Southern African Institute of Government Auditors
Abstract
The object of an audit is to express an independent opinion on the fairness of the annual
financial statements. Since these statements contain assertions made by management in
discharging their stewardship responsibilities, its is crucial that the auditors are totally
independent from management. They also have to be seen to be independent. The
accountability relationship is a clear tri-party arrangement.
• Shareholder provide funds.
• Management has the mandate to manage these funds.
• Auditors report to the shareholders on the results management have published.
Description
Keywords
Auditing industry, Audit and other services
Sustainable Development Goals
Citation
Gloeck, D 2002/3, 'Auditors and other services: changes to the PFMA necessary', Auditing SA, pp. 15-16. [http://www.saiga.co.za/publications-auditingsa.htm]