Gloeck, Juergen D. (Juergen Dieter), 1956-2008-02-152008-02-152002Gloeck, 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]1028-9003http://hdl.handle.net/2263/4466The 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.97075 bytesapplication/pdfenSouthern African Institute of Government AuditorsAuditing industryAudit and other servicesAuditingArticle