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Navigating Forensic Audits in Public and Local Government: Challenges and Case Studies

This presentation from the Indaba 2014, led by Sidwell Mofokeng, Vice President of the Institute of Municipal Finance Officers, explores the critical handling of forensic audits within public and local government sectors. Drawing on case studies from municipalities in Gauteng, North West, and Mpumalanga, it outlines the risks faced by internal auditors, including intimidation and harassment, while emphasizing the significance of maintaining objectivity. The discussion also addresses common failures within accounting authorities and audit committees, providing insights into governmental audits amidst ongoing investigations.

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Navigating Forensic Audits in Public and Local Government: Challenges and Case Studies

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  1. Handling Forensic Audits In Public and Local Government without fera or Favour Indaba 2014- East London ICC Sidwell Mofokeng Vice President Institute of Municipal Finance Officers

  2. Municipalities Case Studies • A Metro in Gauteng • Local Municipality in the North West • Local Municipality in the Mpumalanga

  3. Public Sector Case Studies • A National Department • A Provincial Department

  4. What are the Risk Faced by IA - The names of the individuals involved are kept secret due to on going investigations. • Intimidation • Harassment • Death “ A dead man tells no tales” Institute of Municipal Finance Officers

  5. Common Denominators • The Accounting Authority Failures • The Audit Committee’s Silence or Complicity • The accounting Officer Complicity or in evolvement • Conflict of interest by the Audit Committee Chairperson • Conflict of interest or Fear by the Accounting Authority. • Lack of Action b y those charge with governance or the regulator Institute of Municipal Finance Officers

  6. Consequence • All the auditors were dismissed or killed • Why? • Applying the Standards • For being objective Are still interested in Auditing?Conducting Forensics? Institute of Municipal Finance Officers

  7. IMFO THANK YOU ? Institute of Municipal Finance Officers

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