VELE NEKHODELA

Audited State Owned Companies(Clients)

1)Land Agricultural Bank of SA(SOC) (2022-2024)

2)Land Bank Insurance(SOC) (2022-2024)

3)Public Investment Cooperation(SOC) (2021-2022)

3)Development Bank of Southern African(SOC) (2020-2021)

Summary of Record of audit work done below on each client listed above with different business exposure and experience

• Preparation of pre engagement activities
• Preparation/Review of engagement letter
• Preparation/Review of risk based audit approach/Plan
• Performance of Risk assessment identification and response procedure
• Preparation of risk register and addressing the risk impact identified
• Performed the financial risk analysis to assess the significant trends on Financial Accounts
• Performed business process walkthrough on significant financial accounts to assess effectiveness of design and implementation of Key internal controls
• Audit of Financial statements/Disclosures notes.
• Audit of Supply Chain Management(Compliance)
• Audit of Predetermined Objectives(Compliance)
• Audit of Compliance scoping
• Identified audit findings,Discussed with management on root cause and provided recommendation on resolving the audit finding
• Performed the assessment of going concern assumption made by CFO
• Performed subsequent events assessment
• Assessment of material misstatement impact on audit opinion
• Prepared/Reviewed Management representation letter
• Prepared/Reviewed Management Report
• Prepared/Reviewed Audit report
• Managed/Supervised the audit engagement project budgets
• Supervised new audit junior intake every financial audit year
• Performed audit investigation on Supply Chain Management irregularities.
• Preparation/Monitoring of Request for information tracker
• Preparation/Monitoring of Communication of audit finding tracker
• Preparation and presentation of audit committee meetings
• Increased overall reliability of financial statements by performing detailed reviews of account reconciliations and supporting documentation.

Audited Private Companies

• Richard Bay Minerals
• South 32 Minerals
• Mitsubishi Hitachi Power Stations