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Company LOGO

ATZ Forensic Accounting Services. ATZ FORENSIC ACCOUNTING SERVICES (PTY) LTD. The Alpha and Omega of Accountability. Company LOGO. <Name of Presenter or CEO>. The Alpha and Omega of Accountability. James A. Links / THABANI ZULU / SANDRA BOTTJER. MONEY MANAGEMENT.

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Company LOGO

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  1. ATZ Forensic Accounting Services ATZ FORENSIC ACCOUNTING SERVICES (PTY) LTD The Alpha and Omega of Accountability Company LOGO • <Name of Presenter or CEO> The Alpha and Omega of Accountability James A. Links / THABANI ZULU / SANDRA BOTTJER

  2. MONEY MANAGEMENT • ACCOUNTING: (Information Technology Tools) • Refers to diligence in Record Keeping – modern times: keep track of own, owe, earn, and spend • Proverbs 27:23 • PLANNING: (Administration Excellence) • Essential to Good Stewardship, how we will spend money – planned spending / “impulse buying” • Proverbs 21:5 • SAVING: (Financial Management Excellence) • “Treasure” in the house of the Wise, resources have been saved – available when we need them • Proverbs 21:20 • CONTENTMENT: (Fraud Detection & Prevention) • Deceived thinking of having more riches for happiness – enjoy what we have now • Proverbs 15:16 • GIVING: (Training, Skills & Capacity Building) • Honoring God with the first of our income – begins a divine cycle of blessing • Proverbs 3:9, 10

  3. Question to Ponder ! • What is the total staffing in the Region? • Did we overspend? (If yes, which item) • Was procurement policy respected? • What was the expenditure trend in the past 3 months compares with previous financial year?

  4. Question to Ponder ! • Information received (e.g. Financial Report, Cash Flow Forecast) • Did it took long to compile? • When was it compiled? (Outdated by the time of submission) • 1st hand information ? (did someone requires to compile and add-up the figures) • Provide Sufficient and Accurate information to make Correct and in-time Decision

  5. OBJECTIVES OF THE MRSP • Improve financial management • Enhance accountability, and effective debt collection • Produce reliable management information • Ensure integrated accounting and financial management practice • Provide a single source of reliable data and support real-time analysis of information • Scalable systems, ie can be deployed modular • Ensure future web-enablement towards E-Government operation • Make provision for disaster recovery plan • Establish MRSP Training Academy and Develop Regional Sustainable Model

  6. THE SOLUTION – Municipal Review & Support Programme (MRSP) Information Technology - IFS • 4 • Pronged • Model Training, Skills & Capacity Building Financial Management & Administration Fraud Detection & Prevention

  7. MRSP : FRAUD DETECTION & PREVENTION Review audit reports Review forensic audits Perform interviews Risk assessment Dev fraud prev SP Pres fraud prev SP Fraud prev plan Project close-out PIP approved Syst & Cont review Fraud prev strat How?

  8. MRSP : FINANCIAL MANAGEMENT & ADMINISTRATION • Review system internal controls, policies, and procedures • Review effectiveness & efficiency of administration system • Identify barriers to efficient financial management • Identify barriers to sound administration system • Addressing skill shortcomings in the organization • Improve efficiency & effectiveness • Make recommendation to improve admin efficiency • Make recommendation to improve financial control • Conduct the implementation & monitoring of recommendations • Address training needs related to financial control & administration

  9. MRSP : TRAINING, SKILLS & CAPACITY BUILDING • Town Councils and the legislative framework • Financial and internal control • Corporate governance • Risk management • Budgeting and forecasting • Supply chain management • Project management • General administration and the secretariat

  10. MRSP : INFORMATION TECHNOLOGY • Security Controls – access to software libraries • Software modifications – properly • authorized • State of the art ERP solutions • Web capabilities • Module based implementation approach • New/revised software properly tested • Interface/Integrate with other systems

  11. MRSP : I T – IFS FINANCIALS

  12. DRP TIER LEVELS

  13. Windhoek (MRLGH, MOF, AudGen, ALAN, NALAO) KRC (DR / BC Site) SITUATION IDEAL Keetmanshoop (Municipality) Berseba (Village Council) Karasburg (Municipality) Luderitz (Town Council)

  14. E-Government Context From To Office Hours Government Departments are renowned for working from 08H30 to 15h30, 5 days-a-week On Demand 24 hours-a-day, 7 days-a-week, 365 days-a-year Urban Centered Most departments have their offices predominantly in urban area’s, hereby denying rural communities equal access Accessible and Convenient At home, at work, in the car, overseas, in the rural and urban areas Poor Levels of Service Traditionally the public sector had a process driven approach to client service that had long lead times and resulted in poor client satisfaction Multi-Channel, Citizen-Centric In person, by phone, by fax, by e-mail, or on-line. (Anywhere access to services)

  15. MRSP : MAINTENANCE & SUPPORT • Introduced Forensic Accounting Curriculum • Introduced IFS Certification Curriculum = Oracle & SAP • Obtain Accreditation from NQA through NTA • Establish After Sales Support Locally – Recruit from Campus • Commitment From Southern Cross Campus • Establish Trained Regional Debt Collecting Agents

  16. Question to Ponder ! • What do we want to achieve (organizational objectives)? • What can prevent us from achieving what we want to achieve (risks)? • Do we have systems and processes in place to reduce the likelihood and impact of the risks facing the organization (controls)? • Where we do not have controls in place to reduce the impact of the risks, what is it that we need to do to reduce the impact of the risks to a level acceptable by us (controls/action to be put in place)?

  17. Thank you & Clarification?

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