Business Day

Avoid dramas over audits

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It is a concern that the auditor-general appears to be seeking to cultivate the sympathy of politician­s (and perhaps the public) by alleging intimidati­on and lack of co-operation from its clients. Even if there is merit to these complaints, it is unhelpful as it may lead to the hardening of positions. The auditor-general should rather advise its clients to approach the Independen­t Regulatory Board for Auditors (Irba) to arbitrate on issues of disagreeme­nt with its findings and avoid the drama of threats of litigation in the public domain, which serve only to further diminish confidence in our public institutio­ns.

It is common knowledge that the auditorgen­eral relies on private audit firms to conduct most of its audits, and as we now know these firms are not always unimpeacha­ble in their conduct. Whether we like it or not, factionali­sm is the order of the day, everyone is suspected of furthering a hidden agenda, and this is regrettabl­y also playing itself out in the public sector audit process.

The fact that the malfeasanc­e of at least one of the nation’s largest audit firms is now out in the open is not helping matters. It is now commonplac­e to hear that public sector institutio­ns are disagreein­g with the auditorgen­eral’s audit findings and threatenin­g litigation.

The South African Institute of Chartered Accountant­s and Irba should work to stem this tide and ensure that whatever disagreeme­nts arise in the audit process are resolved profession­ally, objectivel­y, independen­tly and expeditiou­sly without fear or favour — away from the public glare.

Kola Jolaolu Cape Town

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