Municipal Assurance Services | Provincial Treasury
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Municipal Assurance Services

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The Provincial Treasury monitors and supports MFMA implementation with respect to improving risk management, internal audit, audit committee norms and standards within municipalities.

What we do?

  1. Norms and Standards - Developing norms and standards in respect of Internal Audit, Audit Committees, Risk Management and Risk Management Committees (Assurance Services).
     
  2. Advise, guide and capacitate municipalities on risk management, internal audit, audit committee related matters - Facilitating the implementation of Assurance Services norms and standards in municipalities. Click here to view assurance library.
     
  3. Monitor, evaluate and report on risk management, internal audit, audit committee compliance activities - Monitor the governance maturity and guide the progression of Assurance services within municipalities.
     
  4. Support - Coordinate all interventions in relation to MFMA risk management, internal audit, audit committee.

Assurance FAQs

Do you have risk management, internal audit and audit committee related question? Click here for Assurance FAQs

Informative Videos to watch

Looking to enhance your understanding of Enterprise Risk Management (ERM)? Dive into our comprehensive video tutorials, carefully curated FOR YOU. Whether you're a seasoned professional or a novice enthusiast, our video tutorials promise to enrich your knowledge and empower you to navigate the complexities of ERM with confidence and proficiency. Unlock a wealth of knowledge today by exploring our videos.

Video 1: Enterprise Risk Management Framework (youtube.com)

This video explains how this framework forms part of the MFMA requirements, how it is guided by the local government framework and how it is supported by COSO, ISO and KING IV.

Video 2: What and Why of Risk Management - ERM Model (youtube.com)

This video explains how risk is the possibility that an event will occur and adversely affect the achievement of the organisation’s objectives.

Video 3: Risk Identification and Assessment (youtube.com)

This video gives an overview of how risks are identified and the risk assessment process.

Video 4: Roles and Responsibilities of Risk Management (youtube.com)

This video set out the roles and responsibilities of risk management in terms of the Local Government Risk framework.