Strategic Objectives

Strategic objectives

JRAS has identified strategic objectives crucial to the development and maintenance of sound auditing and risk functions within the City:

Develop and lead the City's audit, including Operation Clean Audit Report (OPCAR) and Enterprise Wide Risk Management (EWRM).
Develop a uniform audit and risk strategy for the City and its entities and assisting our clients within the City in achieving all strategic priorities.
Set audit and risk standards for the City geared at maximising efficiency and eliminating fraud.
Serve as a hub of excellence in Internal Audit and Risk Services.
Integrate risk management in all operations and projects carried out by the City.
Ensure the compliance with Corporate Governance Code, King II Report, Municipal Finance Management Act, Short Term Insurance Act and other codes in audit and risk management.
Challenges

Long-term strategic interventions	5-year strategic interventions	5-year IDP programmes and key programme achievements
Maintaining an uncompromised record of clean government by building failsafe mechanisms to prevent corruption and maladministration, and deal strongly and systematically with any instances that occur	Number of cases of fraud, maladministration and corruption reduced over the five-year term	Ethical Government Programme Systematically identify areas of risk in terms of fraud, maladministration and corruption. Clearly communicate to all staff across the City and Municipal Entities what would constitute fraud, maladministration or corruption and the consequences of engaging in such practices. Strengthen mechanisms by which members of the public can report cases of unethical behaviour free of harassment. Strengthen internal procedures and capacity to investigate reports of unethical behaviour in liaison with South African Police Services. Promote a culture of good ethics.
Ensure proactive city wide risk management and internal auditing	A prioritised list of key risks properly specified and mitigated	Enterprise-wide Risk Management Programme Identify and proactively manage areas where potential administrative breakdown may lead to service failures. Identify and proactively manage potential administrative failures where the city may be held liable for negligence, maladministration etc. Through an integrated enterprise-wide risk management framework across the city, identify other risks that may affect the city and work to mitigate their impact.
	Achieve a clean audit	Internal Audit Development Programme Extend oversight of Municipal Entities. Strengthen the role of the Audit Committee. Contribute to achieving a clean audit report. Structure monitoring mechanisms to ensure regular and systematic interactions with the Audit Committees of the Municipal Entities.