Audit Opinion Score Dataset

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Author: Tomohiro Hosoi

1. About the Dataset

This dataset contains information on the Auditor General South Africa’s audit opinions based on the Public Finance Management Act (PFMA) and Municipal Finance Management Act (MFMA). The dataset aims to understand the trend of audit opinion.

2. Procedure

The Auditor General gives five audit opinions. Namely, (i) unqualified with no findings; (ii) unqualified with findings; (iii) qualified; (iv) adverse; (v) disclaimed; (vi) outstanding.

Sheets named “PFMA_Original” and “MFMA_Original” are records of these audit opinions.

The coder gives each opinion score based on the following rule; (i) unqualified with no findings is 5 points; (ii) unqualified with findings is 4 points; (iii) qualified is 3 points; (iv) adverse is 2 points; (v) disclaimed is 1 point; (vi) outstanding is 0 point.

Sheets named “PFMA_Score” and “MFMA_Score” were records of these points.