Get documents about "Risk Management Plan Kpi
Description
Risk Management Plan Kpi document sample
Document Sample
COMPLIANCE, RISK and AUDIT
BUSINESS PLAN
2009/2010 - 2011/2012
Notice of Confidentiality
This document contains information that is confidential and the property of ICASA. This document and/or its contents may not be revealed or disclosed to persons outside the entity it was prepared
for, nor may it be used, copied, reproduced, modified, transmitted or republished without the prior express written permission of ICASA
COMPLIANCE, RISK and AUDIT BUSINESS PLAN Mapping of Goals
Mapping of ICASA Strategic Goals with divisional Strategic Objectives
ICASA Strategic Goal Operational Goal Divisional Strategic Objectives
1. Liberalisation of the ICT Sector
2. Creating Regulatory Certainty
3. Executing Service Delivery Efficiently and Effectively Reduce incidents of fraud and corruption 1. Co-ordinate fraud prevention, detection and investigative strategies
4. Optimised Structure, Leadership & Culture aligned within Strategy
5. Enhanced ICASA Business intelligence, Governance & Reporting Improve Governance Processes 2. Co-ordinate Risk Management within the Authority
3. Update of ICASA's Policies and Procedures
4. Accurate and Reliable Performance Reporting Information, including Budgeting,
Financial and Operational Performance Information
5. Provide Audit and Risk Committee (ARC) Services
6. An Effective Audit Committee is in place
7. Corporate Governance Structures are working as intended
Provide Assurance on the Adequacy and Effectiveness of the Control 8. Review Systems of Internal Control for Adequacy
Environment
Professional Internal Audit Unit
9. Compliance with the Institute of Internal Auditors' (IIA) Standards
Page 2 bd226152-3e62-4ac7-9c3f-1c8da5806f6f.xls
COMPLIANCE, RISK and AUDIT BUSINESS PLAN 2009-2010
Report, Plan,
%, Number - Baseline Target R'000 R'000 R'000 R'000 R'000
Strategic Objective KPA KPI (Output) Risks & Mitigation Budget Budget Budget Budget Budget
Unit of 2008/2009 2009/2010
Measurement Timeframe Q1 Timeframe Q2 Timeframe Q3 Timeframe Q4 Q1 Q2 Q3 Q4 Total
INTERNAL AUDIT
Strategic Goal: Enhanced ICASA Business intelligence, Governance and Reporting
Operational Goal: Provide Assurance on the Adequacy and Effectiveness of the Control Environment
1. Review systems of Risk Management Strategy in place Report on the implementation of the Risk Report 2
N/A N/A Progress Report Progress Report
Internal Control for and implemented Management Strategy
Adequacy
Report on the implementation of the Risk Report 2
Management Plan by the Audit & Risk N/A N/A Progress Report Progress Report
Committee
Report on the identfied Top 10 Risks Report 2
N/A N/A Progress Report Progress Report
Internal Audit reports on the Internal Audit Reports completed as per Report 30
adequacy and effectiveness of the Detailed Operation Pllan Internal Audit Internal Audit Internal Audit Internal Audit
internal controls Reports - 6 Reports - 8 Reports - 8 Reports - 8
Follow - up Reports on Auditor Internal Audit Reports Report 4
Progress Report Progress Report Progress Report Progress Report
General Management Letter issues
Co-ordinate efforts with other Reports Report 4
assurance providers within the
Authority Progress Report Progress Report Progress Report Progress Report
Effective use of data and extraction Audit reports of integrity of JDE, VIP, Report 2
N/A Report N/A Report
software Spectrum
Strategic Goal: Enhanced ICASA Business intelligence, Governance and Reporting
Operational Goal: Professional Internal Audit Unit
2. Compliance with the External assessments are conducted Quality Assurance Assessment (QAR) Report 1
Report N/A N/A N/A
Institute of Internal Auditors annually Report
(IIA) Standards
Internal Audit Staff - CPD Training as Training report including the number trained Report 4
per Individual Development Plan
Report Report Report Report
(IDP)
Strategic Goal: Enhanced ICASA Business intelligence, Governance and Reporting
Operational Goal: Improve Governance Processes
3. Provide Audit and Risk Quarterly meetings of the Audit and At least Four mandatory Audit and Risk Number 4
Comnmittee (ARC) Risk Committee committee meetings to be held during the
Meeting held - 1 Meeting held - 1 Meeting held - 1 Meeting held - 1
Services year
4. An effective Audit Regular reporting to Report back to Council and EXCO on Report 4
Committee is in place Council/Executive by the AC issues raised at Audit and Risk Committee Quarterly Feedback Quarterly Feedback Quarterly Feedback Quarterly Feedback
to Council/EXCO to Council/EXCO to Council/EXCO to Council/EXCO
meetings held
There is regular training of the AC Training report including the number trained Training 2 training Training -IFRS Training -
members provided sessions N/A N/A
update Governance
5. Corporate Governance Audit report on reviews of Audit report on functioning of corporate Report 4
structures are working as compliance to corporate governance governance structures
intended processes Quarterly report Quarterly report Quarterly report Quarterly report
3 of 5 bd226152-3e62-4ac7-9c3f-1c8da5806f6f.xls
COMPLIANCE, RISK and AUDIT BUSINESS PLAN 2009-2010
Report, Plan,
%, Number - Baseline Target R'000 R'000 R'000 R'000 R'000
Strategic Objective KPA KPI (Output) Risks & Mitigation Budget Budget Budget Budget Budget
Unit of 2008/2009 2009/2010
Measurement Timeframe Q1 Timeframe Q2 Timeframe Q3 Timeframe Q4 Q1 Q2 Q3 Q4 Total
INTERNAL AUDIT
COMPLIANCE & RISK
Strategic Goal: Enhanced ICASA Business intelligence, Governance and Reporting
Operational Goal: Improve Governance Processes
6. Co-ordinate risk A risk management strategy is in Risk Management Strategy developed and Plan 3
Quarterly Review of Quarterly Review of Quarterly Review of
management within the place and is being implemented approved by Council Plan Approved
Plan Plan Plan
Authority
Risk Register Compiled and in place Departmental Risk Assessments Workshops 12
Workshops conducted Workshops held - 4 Workshops held - 4 Workshops held - 4 Workshops held - 4
Risk Register compiled and approved by Register 1
Risk Register in Risk Register Risk Register Risk Register
Council place reviewed reviewed reviewed
Report provided to Audit and Risk Report 4
Committee on Risks identified and Quarterly Reporting Quarterly Reporting Quarterly Reporting Quarterly Reporting
progress made
Report provided to EXCO and Council on Report EXCO - 12
Risks identified and progress made COUNCIL - 4 Monthly updates - Monthly updates - Monthly updates - Monthly updates -
EXCO EXCO EXCO EXCO
Quarterly Reporting - Quarterly Reporting - Quarterly Reporting - Quarterly Reporting -
Council Council Council Council
7. Update of ICASA Policies and Procedures reviewed on New Policies and Procedures drafted and Policies 40 Policies and Policies and Policies and Policies and
policies and procedures an annual basis existing Policies and Procedures annually Procedures Procedures Procedures Procedures
reviewed and updated. All Policies and Reviewed - 5 Reviewed - Reviewed - Reviewed -
Procedures approved by Council. 10 15 10
New and Reviewed Approved Policies and Intranet 12
Procedures communicated monthly to Monthly Intranet Monthly Intranet Monthly Intranet Monthly Intranet
Communique Communique Communique Communique
Employeesl
Quarterly briefing to Employees on Polcies Workshops 4
and Procedures in conjunction with HR Workshops held - 4 Workshops held - 4 Workshops held - 4 Workshops held - 4
Quarterly report to EXCO, Council and Audiit Report 4
and Risk Committee on policies and
Quarterly Reporting Quarterly Reporting Quarterly Reporting Quarterly Reporting
procedures approved and communicated to all
Employees
8. Accurate and Reliable Assessment and Review of Quarterly Performance Information prepared in Report 4
Performance Reporting Performance Information in line with accordance with AG requirements tabled at Quarterly Reporting Quarterly Reporting Quarterly Reporting Quarterly Reporting
Information, including AG requirements EXCO, Council and Audit and Risk Committee
Budgeting, Financial and
Operational Performance Performance Information provided Performance Information Provided to Checklist 12
Monthly Compliance Monthly Compliance Monthly Compliance Monthly Compliance
Information timeously to all stakeholders stakeholders as per their requirements P
Reporting Reporting Reporting Reporting
Performance Information Policy and Performance Information Policy and Policy 1
Guidelines Compiled and in place Guidelines developed and approved by Council Polciy drafted for Policy Approved by
N/A Policy Reviewed
comment Council
Budgeting, Monthly Financial Timely and Accurate Budget/Finance reporting Checklist 12
Reporting process in line with Monthly Compliance Monthly Compliance Monthly Compliance Monthly Compliance
Reporting Reporting Reporting Reporting
stakeholders requirements
4 of 5 bd226152-3e62-4ac7-9c3f-1c8da5806f6f.xls
COMPLIANCE, RISK and AUDIT BUSINESS PLAN 2009-2010
Report, Plan,
%, Number - Baseline Target R'000 R'000 R'000 R'000 R'000
Strategic Objective KPA KPI (Output) Risks & Mitigation Budget Budget Budget Budget Budget
Unit of 2008/2009 2009/2010
Measurement Timeframe Q1 Timeframe Q2 Timeframe Q3 Timeframe Q4 Q1 Q2 Q3 Q4 Total
INTERNAL AUDIT
Executing Service Delivery Efficiently and Effectively
Strategic Goal:
Operational Goal: Reduce incidents of fraud and corruption
9. Co-ordinate fraud A Fraud Prevention Plan (FPP) is in Implementation of the Fraud Prevention Plan 3
prevention, detection and place and is being implemented Plan Plan approved and
Plan reviewed Plan reviewed Plan reviewed
investigative strategies implemented
Anti-fraud awareness campaign through Workshops, Workshops - 4, Workshops - 1, Workshops - 1, Workshops - 1, Workshops - 1,
workshops, intranet, ICASA newsletter, Newsletters, Newsletters - 4, Newsletters - 1, Newsletters - 1, Newsletters - 1, Newsletters - 1,
ethics updates Intranet Intranet - 12 Intranet - 3 Intranet - 3 Intranet - 3 Intranet - 3
Ad hoc reports on forensic investigations Report 4
undertaken Quarterly Reporting Quarterly Reporting Quarterly Reporting Quarterly Reporting
TOTALS 0 0 0 0 0
5 of 5 bd226152-3e62-4ac7-9c3f-1c8da5806f6f.xls
