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Presentation of the Isett Seta Annual Report 2009 / 2010 to the Portfolio Committee on Education 10 November 2010. INTRODUCTION OF DELEGATES. Mr. Lesaiye Chiloane: Chairman Mr. Oupa Mopaki: CEO Mr. Jabu Sibeko: Senior Manager for Learning Programmes Mr. Menzi Fakude: CFO. Contents.
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1 Presentation of the Isett Seta Annual Report 2009 / 2010 to the Portfolio Committee on Education 10 November 2010
INTRODUCTION OF DELEGATES 1 • Mr. Lesaiye Chiloane: Chairman • Mr. Oupa Mopaki: CEO • Mr. Jabu Sibeko: Senior Manager for Learning Programmes • Mr. Menzi Fakude: CFO
Contents 1 • Overview • Staff compliment • NSDS targets vs actual • No. of unemployed people who have entered learning programmes
Contents 1 • No. of learners provincially • No. of learners assisted to gain work experience • No. of interns provincially • Accredited training providers provincially
Contents 1 • Statement of financial performance • Statement of financial position • Emphasis of matter • Auditor General’s report • Questions and Answers
Overview 1 NSDS 2009 - 2010 • The Isett Seta has indeed continued to live up to its mission statement by providing learning and employment opportunities to 1, 452 unemployed learners during the year under review. • This is in addition to the 1, 368 unemployed learners who were skilled in the first three years of the National Skills Development Strategy.
1 NSDS Targets vs Actual
NSDS Target 4.1: No. of Unemployed People who have entered learning programmes 1
Indicator 4.2: No of Learners assisted to gain work experience 1
Emphasis Of Matter(AG’s Report) 1 Significant Uncertainties • As disclosed in note 20.2 to the financial statements, there were two pending litigation cases against the Isett Seta at 31 March 2010, of which the outcomes were unknown at the date of this report.
Emphasis Of Matter(AG’s Report) 1 Restatement of corresponding figures • As disclosed in note 24 to the financial statements, the corresponding figures for 31 March 2009 have been restated as a result of errors discovered during 2009-10 in the financial statements of the Isett Seta for the year ended 31 March 2010.
Auditor General’s Report 2009/10 1 Unqualified Audit Opinion
Q & A 1 Questions and Answers
Thank you 1 www.isett.org.za Tel: (011) 207 2600