Mpumalanga department of Finance wins the SAIGA reporting award
19 September 2006
Mpumalanga Department of Finance has made the province proud after winning the category for "the Best Provincial Department" in the 2006 Southern African Institute of Government Auditors (SAIGA). The awards, introduced five years ago, recognize the pursuit of excellence in annual reports published by all provincial and national departments.
The Department also made it into the national top 20 list after obtaining a score of 90.92 % placing it into position 16, up from last year's position 56.
SAIGA's Executive President and Chairperson of the Awards Committee, Professor Dieter Gloeck highlighted the fact that due to the performance information and other factual disclosures, the annual reports of government departments contained a wealth of information not only about financial results, but more importantly, about the activities and the performance of departments. He said the annual reports generally provide more information than the annual financial statements of listed companies.
He added that the full effect of the Public Finance Management Act's (PFMA) objective regarding transparency and performance management is becoming visible. Compared to the standard format of private sector audit reports, the audit reports by the Auditor-General also provide a much more detailed account of the audit findings.
The former Mpumalanga Department of Finance & conomic Affairs won the same award in the same category in 2004 with 89.25%.
Professor Gloeck praised the high scoring departments and pointed to the overall sustained improvement in adherence to reporting standards, since the inception of the awards five years ago.
For more information on the awards, visit www.saiga.co.za.
Issued by Communications, Department of Finance, Mpumalanga Provincial Government
Contact person:
Mohau Ramodibe
Tel: 013 766 4216
Cell: 082 771 9950
email:mohauramo@nel.mpu.gov.za