AGSA notes decline in disclaimer audit opinions for municipalities

Auditor-General Tsakani Maluleke says there are early signs of improvement in municipal audit outcomes for the 2024/25 financial year.

Maluleke was briefing Parliament's Portfolio Committee on Cooperative Governance and Traditional Affairs, where she noted a decline in the number of municipalities receiving disclaimer audit opinions, the worst possible outcome, indicating serious financial mismanagement and a lack of reliable financial records.

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