Tag: organisational structure

If we have both internal and external auditors, we have combined assurance, right? Wrong! For the board of directors to claim that they have discharged their obligations to implement a Combined Assurance Model requires much more than just the appointment of internal and external auditors.

Although it sounds cliché, flattened organisational structures mean today’s professionals are expected to accomplish a lot more with less resources. There are times when one person may be working across three different roles, so how can one keep up with the pace of work without having to put in extra hours each week? 

In July this year, Eskom released their much-delayed financial results. Poor results revealed, amongst others, a net loss of R2.3 billion and an amount of R19.6 billion that was attributed to irregular expenditure.