Internal Audit Framework - National Treasury
The National Treasury developed the Internal Audit (IA) Framework during the 2003/2004 financial year. The Framework derives its mandate from two legislations namely, the Public Finance Management Act, (Act No. 1 of 1999 as amended by Act 29 of 1999) (PFMA), and the Municipal Finance Manage-ment Act, (Act No. 56 of 2003) (MFMA). The
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