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Table of Contents
Public Audit Act, 2004 (Act No. 25 of 2004)
Notice No. 1471 of 2005
Act
Preamble
Chapter 1: Interpretation and Objects of Act
1. Definitions
2. Objects of this Act
Chapter 2 : Auditor-General
Part 1: Status and functions
3. Constitutional and legal status
4. Constitutional functions
5. Other functions
Part 1A: Remedial Action
5A. Taking remedial action
5B. Failure to comply with specific remedial action
Part 2: Appointment and conditions of employment
6. Appointment
7. Conditions of employment
8. Vacation of office
9. Acting Auditor-General
Part 3: Accountability
10. Accountability reports to National Assembly
Chapter 3: Audits
Part 1: Audits by Auditor-General
11. Application of this Part
12. Authorised auditors
13. Standards for audits
14. Submission of financial statements
15. General auditing powers
16. Searches of property, premises, vehicles and persons
17. Accompanying assistants
18. Protection of information
19. Auditees to render assistance
20. Audit reports
21. Submission of audit reports
22. Audit reports on confidential, secret or classified accounts
23. Audit fees
Part 2: Audits of institutions by auditors in private practice
24. Application of this Part
25. Appointment of auditors
26. Discharge of auditors
27. Duties and powers of auditors
28. Audit reports and other reports
Part 3: Investigations and special audits by Auditor-General
29. Carrying out of investigations and special audits
Chapter 4: Administration of Auditor-General
Part 1: Deputy Auditor-General
30. Administration
31. Appointment of Deputy Auditor-General
32. Responsibilities of Deputy Auditor-General
33. Acting Deputy Auditor-General
Part 2: Other staff
34. Appointments
35. Human resource management
Part 3: Financial administration
36. Funds
37. Bank accounts
38. Budget and business plan
39. Auditing of Auditor-General's accounts
40. Audit Committee
41. Annual report and financial statements
42. Financial year
43. Financial responsibilities of Deputy Auditor-General
44. Financial responsibilities of other staff members
45. Irregular or fruitless and wasteful expenditure
46. Financial misconduct by staff members
47. Applicable legal regime for disciplinary proceedings
Chapter 5: General
48. Delegation of powers and duties
49. Limitation of liability
50. Disclosure of information
51. Offences and penalties
52. Regulations
53. Repeal of legislation
54. Transitional provision
55. Short title and commencement
Schedule
Repeal of Legislation
Regulations
Investigations and Special Audit Regulations
Notice No. 525 of 2019
1. Short title
2. Definitions and applications
3. Nature and category of information to be investigated
4. Nature and category of matters for special audit
5. Acceptance or declination of request for an investigation or special audit
Audit Fees Regulations
Notice No. 443 of 2020
1. Short title
2. Definitions
3. Process to consult National Treasury on the frequency, nature and scope of audits and the basis for determination of audit fees
4. Notification of treasury by Auditor-General on default by auditee to pay audit fees
5. Submission by Auditor-General on treasury's proposed directive to defray audit fees from budget
6. Notification of Auditor-General by National Treasury on auditee experiencing financial difficulty to pay audit fee excess
7. Publication of agreement
Notices
Auditors and transitional arrangements
Notice No. 503 of 2005
Audits of institutions by auditors
Notice No. 544 of 2006
Standards for audits
Notice No. 808 of 2006
Auditing of Local Government
Notice No. 1512 of 2006
Annexure A
Annexure B
Annexure C
General Directive
Notice No. 645 of 2007
Consultation of the Auditor-General on the Appointment or Discharge
Directive: Performance Information
Notice No. 646 of 2007
Report on the Financial Statements
Directive: Public Finance Management Act
Notice No. 647 of 2007
Directive: Unlisted Entities
Notice No. 648 of 2007
General Directive: 2008
Notice No. 616 of 2008
Consultation of the Auditor-General
General Directive: 2009
Notice No. 1570 of 2009
Consultation of the Auditor-General
General Directive: 2010 - Repealed
Notice No. 1111 of 2010
Appendix A: Consultation of the Auditor-General on the appointment or discharge of an auditor in terms of Sections 25 and 26 of the Public Audit Act 2004 (Act No. 25 of 2004)
Appendix B: Monitoring checklist for audits not conducted by the AGSA
General Directive: 2011
Notice No. 839 of 2011
Addendum A: Criteria Used To Evaluate
Addendum B: Consultation of the Auditor-General
Addendum C: Monitoring checklist for audits not conducted
Addendum D: Relevant extracts from the Public Audit Act
Determination of the Salary and Allowance of the Auditor-General
Notice No. 1418 of 2020
Determination of the Salary and Allowances of the Auditor-General: 2021/2022
Notice No. 3686 of 2023
Schedule
Proclamations
Commencement of Public Audit Amendment Act, 2018 (Act No. 5 of 2018)
Proclamation No. 13 of 2019
[Repealed] Determination of the Salary and Allowance of the Auditor-General
Proclamation No. 23 of 2021
Schedule : Remuneration levels with effect 1 April 2020 of the Auditor-General
Memorandum of Agreement (2020)
Notice No. 1084 of 2020
Memorandum of Agreement
Preamble
1. Interpretation
2. Date of consultation
3. Criteria to be applied to determine whether an auditee has financial difficulty
4. Process to determine an estimate of the funds required annually as a direct charge
5. General principles
Annexure A
A. General
B. Criteria: Financial Performance Indicators
B.1. Cash coverage
B.2. Cash balance
B.3. Reliance on grants (Own Source Revenue to Total Operating Revenue)
B.4. Operational overspending
B.5. Capital underspending
B.6. Percentage of debtors over total revenue
B.7. Annual growth in debtors
B.8. Creditors' percentage over cash resources ratio
Schedule
Purchase
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