Audit Committee
Charter, calendar, declarations and resolution log.
The independent oversight body required by PFMA s.77 and MFMA s.166 — composition, meeting calendar, charter, member declarations and resolution log, with independence monitored on every member.
What you get
- Auto agendas
- Resolution log
- Independence
Why it matters
Independent oversight, evidenced and tracked to completion.
The Audit Committee is the independent oversight body the law mandates — PFMA s.77 and MFMA s.166 require it, and it is the committee that gives the board and Accounting Officer assurance on financial reporting, internal control, risk and the audit function. Its authority rests on independence: members must be appropriately qualified, free of conflicts, and able to challenge management without fear. The committee's charter, calendar, declarations and resolution log are the evidence that it functions as the law intends.
When the committee is run on email and ad-hoc minutes, oversight frays. Agendas miss standing items, resolutions are taken but never tracked to completion, member independence is assumed rather than monitored, and the committee cannot demonstrate it discharged its statutory duties. That is precisely the governance weakness oversight bodies and AGSA probe when an entity's controls fail.
A structured committee workspace keeps oversight disciplined. Agendas build automatically from standing items — finances, internal-audit reports, AGSA progress, risk and compliance; resolutions are tracked through to action completion; and independence is monitored on every appointment. The committee operates as the accountable, evidenced oversight body its mandate requires.
Capabilities
What Audit Committee does.
Auto agendas
Agendas built from standing items — finances, IA reports, AGSA, risk.
Resolution log
Resolutions tracked through to action completion.
Independence
Member independence monitored on every appointment.
Outcomes
What changes for your team.
Tangible improvements an entity sees once Audit Committee replaces the spreadsheet.
How it works
From data to defensible signal.
Want to see Audit Committeerunning on your entity's own data?
Enquire nowWho it's for
- Audit Committee Chair and Members
- Company Secretary
- CAE supporting the committee
- Accounting Officer and Executive Authority appointing members
Legislative basis
- PFMA s.77 & Treasury Regulation 27.1 — audit committee mandate and conduct
- MFMA s.166 — municipal audit committee
- Companies Act s.94 — audit committee composition
- King IV Principle 8 — governance of board committees and stakeholder relationships
FAQ
Questions teams ask before they sign up.
How does this evidence our statutory duties?
The charter, calendar, declarations and resolution log together demonstrate that the committee meets, monitors independence and tracks resolutions to completion — the evidence PFMA s.77 and MFMA s.166 oversight depends on.
How is member independence handled?
Independence is monitored on every member and appointment, with declarations on record, so a conflict is surfaced rather than assumed away.
Do agendas pull live data?
Yes. Agendas build from standing items — financials, internal-audit reports, AGSA progress, risk and compliance — drawing live status from the underlying modules.
Want to know more about Audit Committee?
Tell us about your entity and we'll be in touch with a walkthrough, pricing and next steps — everything you see is traceable to source.