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type of assurance assists the organisation in effectively Internal Audit and Risk Management
complying with sound corporate governance Morar Incorporated’s Internal Audit methodology
principles and practices. It also enhances the control is aligned with the needs of National Treasury’s
environment so as to minimise risk exposure, guidelines and complies with the requirements of the
quantifying the impact of risk to stakeholder value, International Standards for the Professional Practice
while highlighting areas that are over-controlled. of Internal Auditing. In addition, they have certified
Taxation Services fraud examiners, and are therefore well positioned to
provide advice on risk management.
Morar Incorporated’s taxation services are tailored
around the circumstances of each individual and Services include:
company. Their tax professionals use a forward Complete outsourcing and co-sourcing of the
thinking and multi-disciplinary approach to add value internal audit function
and help organisations manage tax complexities in Assistance in assembling an audit committee
their everchanging business environments. A broad Preparation of an audit committee charter
range of fully integrated tax solutions are offered. Preparation of an internal audit charter
Government Services Risk identification and management
Development and implementation of three year
Services to all spheres of government include:
strategic and annual operational plans
Asset Management Implementation of controls
Annual Financial Statements and Budgets Training and capacity building
Audit Readiness Programmes
Policies and Procedure Manuals Forensic and Cybercrime Investigations
Strategic Planning; Performance Management Their team of forensic and cyber-crime specialists
can respond to alleged fraud, corruption and other
At all levels of government, for financial statements
to be fairly presented, the effects of transactions, commercial crimes without exposing organisations to
other events and conditions should be accurately further risk. They have successfully completed various
represented in accordance with the relevant frame- investigations across all spheres of government and
works and standards. The primary challenge faced the private sector leading to prosecutions.
by ALL institutions is the completeness and accuracy Information and Communication Technology
of disclosures relating to, amongst others: Irregular Services (ICT)
expenditure; fruitless and wasteful expenditure; Specialist ICT advisory and assurance services are
accruals and payables not recognised; commitments; offered to ensure that business objectives are met,
moveable and immoveable tangible capital assets. and ICT complies with legislative requirements.
Morar Incorporated has developed an in-house system Their in-depth experience coupled with unique
known as EASI which allows institutions to meet methodologies allows Morar to deliver on client
all reporting requirements with regards to annual expectations.
financial statement disclosures. The system promotes
transparency, ownership and accountability and
provides an audit trail of all transactions to support
the audit process.
ECAPS
Morar Incorporated has developed a performance
management system, ECAPS, which integrates strategy,
people, processes and measurements to improve
decision making, transparency and accountability
and focuses on achieving outcomes, implementing
performance measurement, learning, and adapting, as
well as reporting on performance.
Supply Chain Management
Morar Incorporated’s in house web-based application
was developed to assist with the management
of unauthorised, irregular, fruitless and wasteful
expenditure and ensure consequence management. Jennifer Reddy
www.morar.co.za 115
