Audit Committee

The Audit Committee is constituted in terms of Section 77 of the PMFA read with Chapter 3 of the Treasury Regulations issued in terms of the PFMA.  The Audit Committee is a specially appointed committee to assist management in fulfilling its oversight responsibilities for the financial reporting process, the system of internal control, the audit process and ECGBB’s process for monitoring compliance with laws and regulations and the code of conduct. Unless otherwise stated, the Audit Committee performs an advisory role to the ECGBB. The Audit Committee is accountable to the Accounting Authority to properly consider and evaluate any matter that it has to deal with or referred to it.