Consultation on the 2008 Audit Directive and Auditing Standards for Financial Years 2007/2008
This document outlines the objectives of the consultation process for the 2008 Audit Directive, aimed at completing the training on auditing standards initiated in 2007. It focuses on gathering formal input regarding the auditing standards applicable for the financial years 2007/2008, specifically addressing the Public Finance Management Act (PFMA) and the Municipal Finance Management Act (MFMA). The document also highlights the importance of finalizing the directive with the input of stakeholders. Role-players will be specified based on the audience.
Consultation on the 2008 Audit Directive and Auditing Standards for Financial Years 2007/2008
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Presentation Transcript
1. Audit Directive 2008
Consultation with SCoAG
2. Objectives To complete the 2007 process of training on auditing standards
To formally consult on the auditing standards for the 2007/8 financial years (PFMA and MFMA)
To finalise the 2008 Audit Directive
Add name of specific role-player, depending on audienceAdd name of specific role-player, depending on audience
3. Types of audits