2008 RESULTS OF SAIGA'S REPORTING AWARDS Results of the Seventh Annual Public Sector Reporting Awards (financial year ends 2007) published October 2008   The Department of Sport, Arts & Culture in the Free State is the overall winner of SAIGA's 2008 Reporting Awards (published October 2008). Brochure of the 2008 Awards (full colour – 8 pages): SAIGA Annual Public Sector Reporting Awards Brochure – 2008 (pdf) * Don’t have PDF reader ? Click HERE to get your FREE copy. Related articles: Article 1: Free State News Article 2: The Weekly News Other salient features: The full list of 2008 winners for the financial year ended 31 March 2007 is: Provincial statistics Province with highest average score: The Western Cape province with an average score of 91.43 takes first place amongst provinces. Independence statement: The Southern African Institute of Government Auditors received numerous offers for sponsorship of this project and specific categories. We do, however, believe that the information and the findings not only have to reflect absolute independence but that SAIGA also has to be seen and perceived to be independent. Consequently, no sponsor’s name is associated with the project – it is completely self- funded and independent. Quality assurance statement:  The quality assurance relating to the technical analysis and evaluation, is done by the Department of Auditing, University of Pretoria.  Media statement: Professor Dieter Gloeck, Executive President of SAIGA and Chairperson of the Award Committee praised the high scoring departments and pointed to the overall sustained improvement in adherence to reporting standards since the inception of the awards seven years ago. This bodes well for increased transparency and public accountability. SAIGA’s Executive President highlighted the fact that due to the performance information and other factual disclosures, the annual reports of government departments contained a wealth of information not only about the financial results, but more importantly, about the activities and the performance of the departments. In this regard government departments’ reports generally provide more information than the annual financial statements of listed companies. The full effect of the Public Finance Management Act’s (PFMA) objective regarding transparency and performance management is becoming visible. Referring to an increase in media reports about misuse of funds in government departments, Prof Gloeck put the matter in perspective by pointing out that the PFMA’s transparency requirements ensured that this information is publicly available. “The departments do not necessarily incur more unwanted expenditure than the organisations in the private sector, but there is simply more information available about public sector organisations.” The PFMA requires that all unwanted expenditure (unauthorised, irregular and fruitless and wasteful expenditure), irrespectively of whether or not it is a material amount or not, is disclosed by citing figures and reasons for its occurrence. Gloeck pointed out that the time had come for private sector companies (public interest companies in particular) to be placed on an equal footing with regard to the disclosure of this kind of information. Even after the implementation of International Financial Reporting Standards (IFRS) and after complying with the Companies Act and the King II Report on Corporate Governance, the information disclosed by private sector companies still does not measure up to the information in the annual reports of government departments. Efforts need to be increased to make the general public more aware of the disparity between disclosure requirements in the public and private sectors. This will also put perceptions on public sector fraud, corruption and mismanagement in a better perspective. A similar picture of more meaningful information can be observed with regard to the Auditor-General’s audit reports, which contain a wealth of information about the auditee (even unqualified reports) in contrast to the standard audit opinion paragraphs which private sector auditors issue. The SAIGA Reporting Awards are now firmly established and have become a highly visible instrument and benchmark to monitor public accountability and transparency in national and provincial departments. [ 2008 RESULTS ][ TOP 20 LIST ][ MOST CONSISTENT DEPARTMENT ][ BACK TO THE TOP ] The TOP 20 List Seventh SAIGA Reporting Awards - 2008 Since competition was intense special mention should also be made of departments which achieved a high score, but were not category winners. SAIGA has therefore decided to publish a "Top 20" list. The “Top 20” list shows that the competition was stiff – the lowest percentage in the Top 20 has crept up to almost 92% (91.98%) (2007: 90%; 2006: 90%; 2005: 89%; 2004: 88%; 2003: 83%; 2002: 79%). It now seems that the top departments are consolidating around the 90% plus mark which is a remarkable adherence percentage. [ 2008 RESULTS ][ TOP 20 LIST ][ MOST CONSISTENT DEPARTMENT ][ BACK TO THE TOP ] Most consistent departments SAIGA Reporting Awards - 2008 The prestige of achieving the most consistent high performance over the past three years goes to the Department of Education (refer to table below). Methodology: The positions of the departments on the Top 20 list in the 2008, 2007 and 2006 years were added to arrive at a combined score. Where two departments have the same score the position in this year's Top 20 is deciding. The lower the combined score, the more consistent the department's performance over the three years. [ 2008 RESULTS ][ TOP 20 LIST ][ MOST CONSISTENT DEPARTMENT ][ BACK TO THE TOP ]
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