Exploring the evolution of external auditing in corporate governance and its role in curbing corruption in the South African public sector

Abstract

This research explored how external auditing evolved in corporate governance to curb corruption in South African public sector from 2018 to 2022. The research commences by providing an understanding of corporate governance. The research further explores the evolution of external auditing as a component of corporate governance and discusses the audit expectation gap concept. The research identifies the Public Audit Amendment Act No. 5 of 2018 as a development occurring in external auditing legislation in South Africa from 2018 to 2022. This development is explored to determine how it contributed towards curbing corruption and addressing the audit expectation gap from 2018 to 2022. The research is a qualitative study framed in the critical theory paradigm using documentary analysis. The research finds a link between corruption and material irregularities issued by the Auditor General of South Africa and concludes that effective resolution of these material irregularities helps in curbing corruption in the public sector.

Olu phando luphicothe indlela uphicothozincwadi lwangaphandle oluye lwavela ngayo kulawulo lwamaqumrhu ukunqanda urhwaphilizo kwicandelo likarhulumente woMzantsi Afrika ukusuka kumnyaka wama2018 ukuya kowama2022. Olu phando luqala ngokubonelela ngokuqonda ulawulo lwamaqumrhu. Olu phando luphinda luphicothe ukuvela kophicothozincwadi lwangaphandle njengenxalenye yolawulo lwamaqumrhu kwaye luxoxa ngengcamango yomsantsa olindeleke kuphicothozincwadi. Olu phando luchonga uMthethosihlomelo woPhicothozincwadi zikaRhulumente nombolo wesi 5 womnyaka wama2018 njengophuhliso olwenzeka kumthetho wophicothozincwadi lwangaphandle eMzantsi Afrika ukusuka kumnyaka wama2018 ukuya kowama2022. Olu phuhliso luphicothwa ukuze kubonwe ukuba lube negalelo njani ekuthinteleni urhwaphilizo kunye nokulungisa umsantsa olindeleke kuphicothozincwadi ukusuka kumnyaka wama2018 ukuya kutsho kowama2022.Olu luphandontyilazwi olusekelwe kwisikhokelo sengcingane yohlalutyo kusetyenziswa uhlalutyo lwamaxwebhu. Olu phando lufumanisa kukho unxibelelwano phakathi korhwaphilizo kunye nobugwenxa kwizixhobo ezikhutshwa nguMphicothizincwadi Jikelele woMzantsi Afrika kwaye lugqibe kwelokuba isisombululo esisebenzayo sobu bugwenxa bezixhobo sinceda ekuthinteleni urhwaphilizo kwicandelo likarhulumente.

Patlisiso ena e ile ya batlisisa ka moo hlahlobo ya kantle e bileng teng pusong ya koporasi ho thibela bobodu lekaleng la setjhaba la Afrika Borwa ho tloha ka 2018 ho ya ho 2022. Patlisiso e qala ka ho fana ka kutlwisiso ya puso ya koporasi. Patlisiso e tswela pele ho hlahloba tswelopele ya hlahlobo ya kantle ho naha e le karolo ya puso ya koporasi mme e tshohla mohopolo wa lekgalo la tebello ya hlahlobo. Patlisiso e supa Sehlomathiso sa Molao wa hlahlobo ya Setjhaba wa nomoro ya 5 wa 2018 e le ntshetsopele e hlahang molaong wa bohlakisi bakantle ho naha ya Afrika Borwa ho tloha ka 2018 ho isa ho 2022. Ntshetsopele ena e hlahlojwa ho bona hore na e kentse letsoho jwang phokotsong ya bobodu le horarolla lekgalo la tebello ya sekgeo ho tloha ka 2018 hofihlela 2022. Patlisiso ke phuputso ya boleng e thehilweng hodima pharadaeme ya teori e sebediswang ka tshekatsheko ya ditokomane. Patlisiso e fumana kamano pakeng tsa bobodu le tshebediso e fosahetseng ya thepa tse ntshitsweng ke Mohlakisi Kakaretso wa Afrika Borwa mme e phethela ka hore tharollo e sebetsang ya ditlolo tsena tsa molao e thusa ho thibela bobodu lekaleng la mmuso