Financial Misconduct
Loss Write-Offs by Entity
Amounts written off as irrecoverable across the highest-exposure entities.
When loss becomes permanent
Writing off a loss as irrecoverable is a legitimate but consequential decision that permanently removes the prospect of recovery, and an entity that writes off heavily may be masking weak recovery effort rather than genuine irrecoverability. This screen ranks write-offs across the highest-exposure entities. AuditPro Core links every write-off to its authorisation and the recovery effort that preceded it.
The Numbers
AuditPro Core renders this view from your tenant's live, tamper-evident records. The figures below are illustrative sample data.
Total written off
R3.4 bn
Largest write-off
R640 m
SOE C
Entities writing off
78
Write-offs without approval
R210 m
Write-offs by entity (R m)
Entity detail
| Entity | Written off (R m) | Properly approved |
|---|---|---|
| SOE C | 640 | Yes |
| Metro A | 480 | No |
| Province D | 360 | Yes |
| Dept B | 290 | Yes |
| SOE E | 180 | No |
Figures shown are illustrative sample data for demonstration. AuditPro Core renders these views from your own tenant's live, tamper-evident records.
Write-off is a last resort
A loss should only be written off once recovery has been properly pursued and shown to be impossible or uneconomic. Premature write-off converts a recovery failure into a permanent loss.
Authority and documentation
Write-offs require approval at the appropriate level and a documented basis for irrecoverability. Unsupported write-offs are themselves an audit finding.
Entity patterns reveal culture
An entity that consistently writes off large amounts may be substituting write-off for recovery effort. The ranking exposes that pattern across the portfolio.
Write-off is not closure
Even after write-off, the underlying control weakness that caused the loss remains and may recur. The write-off should trigger a control review, not just an accounting entry.
How AuditPro Core Bridges the Gap
- Authorisation linkage: each write-off ties to its approval and irrecoverability basis.
- Reconciliation: write-offs reconcile to the loss register and the ledger.
- Exception workflow: high or frequent write-offs flag for recovery-effort review.
- Audit-ready export: entity write-off rankings export with supporting documentation for the AGSA.
Key Takeaways
- Write-off is a last resort after recovery effort.
- It needs proper authority and documentation.
- Heavy write-offs may mask weak recovery.
- A write-off should trigger a control review.
See This on Your Own Data
AuditPro Core renders this dashboard from your tenant's live, tamper-evident records — every figure traceable to source.