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Creating change and building a better education system

Creating change and building a better education system

Date: 2015-03-27
Chapter 9 of the National Development Plan 2030 (NDP) for South Africa highlights that "the number of institutions that have recently been placed under administration is an indication of the leadership and governance challenges", we face as a country. "If we do not heed the lessons from the past, that education is a fundamental and critical aspect of our daily lives that we must get right, we will fail current and future generations of South Africans," said Granville Smith KPMG South Africa's Higher Education Sector Lead. "South Africa has set aside R26.2 billion for transfers to Universities in the 2015/2016 year. The importance of safeguarding and protecting the assets of Universities is critical to ensure Universities achieve their mandates", said KPMG Director and conference organizer, Farzanah Mall.

Global audit firm KPMG joined forces with the Higher Education Internal Audit and Forensic Audit forum (HEIAFA), a sub-committee of the Finance Executives Forum of HESA to host an interactive Higher Education Conference on 16 March 2015, attended by industry leaders and experts in governance and finance from over 23 public higher education institutions across South Africa. The purpose of the conference was to specifically address how institutions can optimize their governance mechanisms and safeguard the assets of Universities to ensure that Universities can deliver on their mandates of providing good quality education and research.

Amid globally challenging business and university environments and with increased competition, the conference focused on key risks faced by Universities, how to enhance the control environments and prevent and detect fraud at universities, as well as the impact of technology on the administration of universities. The conference also covered how South African Universities can leverage technology for the betterment of teaching and learning. Serving more than 70% of South African universities, KPMG is committed to education in South Africa and is passionate in terms of driving programs and events that promote economic and social upliftment. The aim of the gathering was undoubtedly the sharing of knowledge between universities, key experts, and regulatory bodies.

All the panelists and speakers were in agreement regarding the importance of Mathematics and Science to the future of South Africa.