BRIEFING SESSION ACCREDITATION OF AUDIT FIRMS TO RENDER THE INTERNAL AUDIT SERVICES

1. BRIEFING SESSION ACCREDITATION OF AUDIT FIRMS TO RENDER THE INTERNAL AUDIT SERVICES 23 November 2015

2. Presentation Outline • Background • Role of SASSA • Internal Audit function • Recommendations

3. Purpose • The purpose of the presentation is to: • Brief the services providers with regards to the Bid for accreditation of audit firms for the rendering of Audit services

4. BACKGROUND

5. VISION “A leader in the delivery of social security services” MISSION To administer quality customer-centric social security services to eligible and potential beneficiaries. SASSA’s Slogan Paying the right social grant, to the right person, at the right time and place. NJALO!

6. Background • The primary focus Internal Audit is as follows : • Sole responsibility of providing the entire Agency with the Internal Audit Services, • Execution of an approved annual audit plan, • Coordinating and monitoring of all external audit services, • helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.”

7. The Structure of SASSA Background

8. Background • The primary focus Internal Audit is as follows : • Capacity versus the scope of work • The purpose of the BID • Period : 3 years • How the process will unfold after accreditation • Co-sourcing • SLA

9. Types of Audits • The following audits are conducted by internal audit throughout the Agency: • Compliance audits • Performance information audits • Risk based audits • Information Technology audits • Investigation audits • Follow up on audits • Ad hoc projects

10. Expected output/Deliverables • A detailed project plan • A report of findings and recommendations in respect of exceptions • Summary of issues that need further attention • Skills transfer plan demonstrating how it will be done and a report to that effect • A close out report on conclusion of the project

11. Mandatory Requirements The service provider will be required to possess the following: Certified evidence of professional membership to one or more of the following professional bodies: • SAICA (South African Institute of Chartered Accountants) • ACFE (Association for Certified Fraud Examiners) • IIA (Institute of Internal Auditors) • ISACA (Information Systems and Control Association) • And any other accredited professional bodies

12. Functionality Criteria

13. Functionality Criteria

14. Functionality Criteria

15. Functionality Criteria

16. Questions ???????

17. Thank you