Subject Name: ConductauditplanningandimplementationinaSouth

Africanmunicipality

Instruction:

Do not Plagiariz.e

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Douwnload and refer to : US 116351 Learner Guide

Activity1

1.1Explaintherelationshipbetweenexternalandinternalauditworksanddiscusshowtheserelationshipsbenefitmanagement.(p36 and p44)

Activity2

1. WhyistheAuditorGeneralprohibitedfromundertakingconsultingworkatauditees?(p38)
2. Whyistheprohibitionimportantfromafinancialmanagementperspective?

Activity3

3.1 Discuss practical ways of how municipal management can utilise the outcomes of theexternal audit to enhance governance and financial management of the municipality.p41(Sec 131MFMA)

Activity4

1. Explaininyourownwordstheroleofaudit committees(p65-67)
2. Explaininyourown wordstheroleofinternal audit.
3. Howdoesinternal auditandaudit committeescontributetoandenhance soundmunicipalfinancialgovernancewithinamunicipality?(p74)

Activity5

1. Explain what is meant by control frameworks, giving practical examples to demonstrateyour understanding(p59)
2. Based on your understanding of control frameworks, evaluate how the concept andpracticeofcontrol frameworkspractically enhancesound financial governanceinamunicipality.(p 60)

Activity6

1. Explaininyourownwords theroleofexternalauditinrespect ofsoundmunicipal managementgovernmentprinciples.(p69and 70)
2. Howdoesitsrolepracticallyenhancefinancialgovernanceinamunicipality?(p64)
3. Althoughanexternalauditdoesnotformallyspeakdirectlytoriskmanagement,inwhatwaycanexternal auditinformtheriskmanagementprocesswithinamunicipality?

Activity7

1. Outlinetheprocessandproceduresinvolved inreportingoninternalauditfindings.(p73)
2. What are the issues covered in an internal audit report and what are their implications formanagement?(p80-81)
3. Howcanmunicipal managementutilisetheoutcomesoftheinternal audittoenhance governanceandfinancialmanagementofthemunicipality?(p 30,50-53)

Activity8

1. Defineanddistinguishbetween stewardshipauditingandperformanceauditing.
2. Discusstheroleofperformanceauditsinthecontextofmunicipality'sservice deliveryprogrammes.(p101)

Activity9

9.1Whatissuesarecoveredbyexternalauditors inanexternalauditreport?(p101)