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KwaZulu-Natal’s MFMA 2012-13 audit outcomes highlights

KwaZulu-Natal has one metropolitan municipality, 10 district municipalities, 50 local municipalities and 11 municipal entities. All 72 auditees submitted their financial statements for the 2012-13 financial year within the prescribed timelines. Twenty-one per cent (21%) of the auditees submitted financial statements that were free from material misstatements. Forty-six per cent (46%) of the auditees prepared and submitted reliable and useful performance information that was adequately supported.

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