The Director General will evaluate the impact that the approved delay in the submission of the 2021/22 financial statements (which impacted the submission of the 2022/23 annual financial statements) has yielded on the control environment of the Compensation Fund’s control environment, the audit outcome and service delivery performance.
There will be feedback sessions conducted with all stakeholders (management, audit committee, Auditor General) to reflect on the outcome. Thereafter a corrective action and accountability will be enforced.