Abstract:
Legislation is an important element in
ensuring accountability and transparency
in the utilisation of public funds. However,
as reflected in the State of the Public Service
Report (2010 and published every five
years), accountability is still a cause for
concern and still needs greater attention
as many departments still receive qualified,
adverse or disclaimed audit opinions
from the Auditor-General, pointing out
serious financial mismanagement. This
article explores the mechanisms available
to facilitate accountability of public funds
and will reflect on the outcomes of the general
report on the National Audit Outcomes
2013/2014. The role of parliamentary committees
will be highlighted, as they have complementary roles towards strengthening
the ex post oversight process reflecting
on accountability. Although the public
financial management process enforces
transparency and accountability, there
are still shortcomings. The improvement
of governance and financial accountability are of critical importance as the taxpayer,
or the public, is eager to determine if public
monies have been spent effectively and
efficiently.
