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AUI3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2025 – DUE 25 August 2025;100% trusted ,comprehensive and complete reliable solution with clear explanation

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AUI3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2025 – DUE 25 August 2025;100% trusted ,comprehensive and complete reliable solution with clear explanation

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,AUI3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2025
– DUE 25 August 2025;100% trusted ,comprehensive and complete
reliable solution with clear explanation




QUESTION 1 30 marks

Jubilee Hospital is a 350-bed healthcare facility situated in a bustling urban area of
South Africa, serving a diverse population from both the city and surrounding
townships. Among the many medical treatments, the hospital offers emergency
care, general surgery, obstetrics and gynaecology, paediatrics, and an X-ray
department. Jubilee Hospital is dedicated to providing accessible, excellent
healthcare that satisfies the needs of its community.

PART A

Jubilee Hospital has decided to establish a formal internal audit function for the
first time. The hospital’s leadership recognises the need for independent, objective
assessments of its financial, operational and compliance processes to enhance
quality, efficiency, and regulatory compliance.

To lead the newly formed internal audit function, the hospital appoints Ms Thandi
Mokoena as the new chief audit executive (CAE). Ms Mokoena brings extensive
experience in healthcare auditing and risk management, and her appointment
signals the hospital’s commitment to embedding a culture of accountability and
continuous improvement.




1.1 Purpose of the Internal Audit Function at Jubilee Hospital (3 marks –

, The internal audit function exists to provide independent, objective assurance
and advice on whether Jubilee Hospital’s governance, risk management, and
internal control systems are designed and operating effectively. In practice this
means:

 Financial stewardship: testing controls over billing, revenue cycle,
procurement, pharmacy stock, assets and payroll to prevent loss and leakage.
 Operational efficiency & quality: assessing processes that affect patient
flow, theatre utilisation, medication management, inventory, and turnaround
times (e.g., labs/X-ray) to improve efficiency and care outcomes.
 Regulatory & policy compliance: verifying adherence to laws and
standards (e.g., National Health Act, POPIA, OHS, radiation safety) and
internal policies.
 Fraud, waste & abuse prevention: detecting red flags (ghost patients,
supplier collusion, duplicate claims) and recommending controls.
 Follow-up & continuous improvement: tracking management action plans
and sharing good practices to embed a culture of accountability.



1.2 Internal Audit Mission Statement (4 marks

“Our mission is to enhance Jubilee Hospital’s ability to deliver accessible, high-
quality healthcare by providing independent, risk-based assurance and value-
adding advisory services. We will safeguard resources, strengthen internal
controls, and promote ethical, compliant, and efficient operations—always
prioritising patient safety, data privacy, and service excellence.”

How we will deliver this mission:

 Independence & objectivity: report functionally to the Board/Audit & Risk
Committee and administratively to the CEO.
 Risk-based planning: develop an annual audit plan aligned to the hospital’s
enterprise risk register and strategic goals.
 Standards-driven work: apply the International Standards for the
Professional Practice of Internal Auditing and a quality assurance program.
 Collaborative improvement: partner with clinical, finance, HR, supply
chain and IT to co-create practical, sustainable solutions.
 Action & impact focus: issue clear, prioritised recommendations, monitor
remediation, and report transparently on outcomes and residual risk.

Connected book
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Richard Cascarino Internal Auditing
Publisher: Unknown ISBN: 9780702172694 Edition: Unknown

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