Interfront 2025 Annual Report

97 GOVERNANCE AUDIT AND RISK COMMITTEE MEMBERS continued MS. DORIS DONDUR CHARTERED ACCOUNTANT (SA) CHARTERED DIRECTOR (SA) ® Qualifications Bachelor of Accounting (Stellenbosch), Honours B Compt (Unisa), Global International Executive Development Programme (Wits & London Business School), International Executive Development Programme (University of Reno), Honours in Business Administration (Stellenbosch Business School), Master’s in Business Administration (Stellenbosch Business School), Post Graduate Certificate in Labour Relations (Unisa) (Cum Laude) Internal or External External Date Appointed 02 August 2018 Date Resigned Term ended on 30 September 2024 No. of Meetings attended 3 Official Meetings 1 In-Committee meeting with the Commissioner 3 In-Committee meetings with the AGSA 1 In-Committee meeting with IA 1 In-Committee meetings with the CFO 1 In-Committee meeting with Interfront The Effectiveness of Internal Controls The PFMA requires the Accounting Authority to ensure that the organisation has and maintains effective, efficient, and transparent systems of financial, risk management and internal controls. The Committee reviews the effectiveness of internal controls and oversees risk management. The reviews on the effectiveness of the internal controls were conducted and covered financial, operational, compliance and risk assessment. In line with the applicable legislation, Internal Audit provides the Committee and management with reasonable assurance that the internal controls are appropriate and effective. This is achieved by evaluating internal controls to determine their effectiveness and efficiency and by developing recommendations for enhancement or improvement. The Committee has reviewed the Internal Audit findings which did not reveal any shortcomings in internal controls during the year under review. Through the Committee’s analysis of the audit reports and engagement with the management team, the Committee reports that the system of internal controls for the period under review was adequate and effective and the risks were found to be at an acceptable level. In-Year Management and Monthly/Quarterly Reports The public entity has reported monthly and quarterly, through its shareholder, SARS, to the National Treasury, as required by the PFMA. The Committee has reviewed the quarterly management reports of the organisation, as part of the reports provided by the shareholder, and is satisfied with the adequacy of information provided by the organisation and to its shareholder.