© Copyright 2024 ACSA
Irregular expenditure
Reconciliation of irregular expenditure
| Description | March 2024 R'000 |
March 2023 R'000 |
March 2022 R'000 |
|---|---|---|---|
| Opening balance | 289 149 | 480 320 | 392 492 |
| Prior period errors | - | 4 212 | 51 114 |
| As restated | 289 149 | 484 532 | 443 606 |
| Add: Irregular expenditure confirmed | 97 719 | 59 086 | 36 714 |
| Less: Irregular expenditure condoned | (17 797) | - | - |
| Less: Irregular expenditure | |||
| Not condoned and removed | (54 153) | (254 469) | - |
| Closing balance | 314 918 | 289 149 | 480 320 |
a) Reconciling notes to the annual financial statement disclosure
| Description | March 2024 R'000 |
March 2023 R'000 |
March 2022 R'000 |
|---|---|---|---|
| Irregular expenditure that was under assessment in 2022/2023 | 4 450 | 21 470 | 12 896 |
| Irregular expenditure that relates to 2022/23 and identified in 2023/24## | 4 212 | 3 307 | |
| Irregular expenditure for the current year | 97 719 | 37 616 | 20 511 |
| Total | 106 381 | 59 086 | 36 714 |
##During the year ended March 2024, an amount of R4 212 000 was identified as irregular expenditure incurred in 2022/23 but was identified in the 2023/24 financial year
b) Details of current and previous year irregular expenditure (under assessment, determination, and investigation)
| Description | March 2024 R'000 |
March 2023 R'000 |
March 2022 R'000 |
|---|---|---|---|
| Irregular expenditure under assessment | 7 132 | 40 261 | 220 356 |
| Irregular expenditure under determination | 8 452 | 84 300 | 203 976 |
| Irregular expenditure under investigation | 5 280 | - | - |
| Total | 20 864 | 124 561 | 424 332 |
c) Details of current and previous year irregular expenditure removed - (not condoned)
| Description | March 2024 R'000 |
March 2023 R'000 |
March 2022 R'000 |
|---|---|---|---|
| Irregular expenditure condoned and removed | (54 153) | (254 469) | - |
| Total | (54 153) | (254 469) | - |
Removals relate to expenditure previously initially classified as irregular for the following reasons:
Upon further investigation, the relevant documentation was found to exist and be appropriate.
© Copyright 2024 ACSA