EDWIN NAIDU
How does a government entity score a hat-trick of clean audits not once, twice, but three consecutive times? This is no mean feat and requires hard work, goal-setting and putting in place systems to ensure the maintenance of stringent financial controls, according to Kagiso Lerutla, the enterprising Group Chief Financial Officer (GCFO) of the City of Ekurhuleni.
Ekurhuleni is the only Metro in Gauteng to obtain a clean audit for the 2021/2022 Financial Year.
The Auditor General of South Africa declared that the city’s financial statements are free from material errors, and there are no significant findings on performance information and compliance with legislation.
“This is a significant achievement for the city,” Lerutla says, adding that he was delighted at the news. Still, there was no room for complacency as he was determined to ensure this pattern of success continued.
Why is a clean audit important?
According to Lerutla, the
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