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Higher Education Act, 1997 (Act No. 101 of 1997)

Regulations

Regulations for Annual Reporting by Public Higher Education Institutions

Schedule

Implementation Manual for Annual Reporting

 

Preface

 

Purpose

 

The primary purpose of this manual is to specify the format and the content of the Annual Report of a Public Higher Education Institution to the Minister as prescribed by the Minister in the Regulations for Annual Reporting by Higher Education Institutions in terms of section 41 of the Higher Education Act, 1997 (Act No. 101 of 1997), as amended.

 

Acknowledgements

 

A number of individuals have contributed to the contents of this manual. Special appreciation is due for the assistance received from:

 

(First Edition)

• Mr Ian Lewis of the Higher Education Funding Council of England;
• Professor G Everingham of the University of Cape Town;
• Mr Suresh Kana and his staff in the technical division of PriceWaterhouseCoopers (South Africa);
• Emeritus Professor M D F Steele, a retired member of the Accounting Practices Committee and the Accounting Practices Board of the South African Institute of Chartered Accountants;
• Mr I Thomson of KPMG;
• Mr T Wixley, a retired senior partner of Ernst &Young;
• Members of the finance committees of the South African Universities' Vice-Chancellors' Association (SAUVCA) and the Committee of Technikon Principals (CTP) (now referred to as HESA (Higher Education South Africa)).

 

(Second Edition)

• Technical divisions of Deloitte, Ernst & Young, KPMG, PriceWaterhouseCoopers, the South African Institute of Chartered Accountants (SAICA) and all Public Higher Education Institutions;
• Emeritus Professor J T Steele retired Deputy Vice-Chancellor: Finance – Wits University and former Consultant to the CHET and Department of Education.
• Dr S Boshoff, former Director: HE Management Support: DoE and now Head: Academic Planning-University of Pretoria
• Technical Committee of the Accounting Standards Board (ASS)

 

Permission to reproduce the following is acknowledged (First & Second Editions):

• Sections on "financial policies" and "notes to the financial statements" from the document "Illustrative Higher Education Institution Financial Statements," prepared jointly by staff of PriceWaterhouseCoopers and the Finance Committee of the CTP (now Higher Education South Africa).
• A paper prepared by Professor A Watson of the University of Cape Town- "Identifying control, joint control and significant influence relationships."
• Sections on "reports on governance and operations" from the King Report on Corporate Governance - South Africa: 2002 (Institute of Directors in Southern Africa).