Makwetu was officially appointed auditor-general in December 2013 by former president Jacob Zuma for seven years.
The committee will now send its adopted report with its preferred candidate to the National Assembly for final approval.
A parliamentary ad hoc committee on the appointment of the Auditor General met on Tuesday to consider the names, as well as the selection process.
Makwetu briefed a joint meeting of Parliament’s Standing Committee on Public Accounts and Standing Committee on Appropriations.
This follows a report by accountability journalism project Viewfinder, that the police watchdog manipulated case statistics and closed cases early.
Kimi Makwetu briefed the Standing Committee on the Auditor-General on Friday during a workshop on the work of the institution and the Public Audit Act.
Gauteng Cooperative Governance MEC Lebogang Maile appointed a committee to investigate allegations of fraud, maladministration and corruption.
The party's chair Kgosi Maepa addressed the media on Thursday on the state of affairs in the city and the recently released Auditor-General's report.
The recent auditor-general's report showed the city incurred billions of rand in irregular and fruitless expenditure.
Despite the Auditor-General’s red-flagging the Drakenstein Municipality, the town said that it suffered no financial losses.
According to the Auditor-General's report, three out of the eight local councils in the area clocked up R150 million in authorised spending.
How is it possible that the last big march we had was about former president Jacob Zuma’s removal, yet we seem comfortable with the patronage system he left behind?
While Cabinet has yet to deal with the Auditor-General’s report, Minister in the Presidency Jackson Mthembu said its findings were worrying.
Auditor-General Kimi Makwethu on Wednesday revealed that only 18 of the country's 257 municipalities received clean audits in the 2017-18 financial year.
Auditor-General Kimi Makwetu said that tenders worth nearly a billion rand were awarded to state officials in violation of the Municipal Financial Management Act.
Kimi Makwetu said some municipalities in Limpopo and Gauteng invested funds that were earmarked for long-term projects with the bank.
City of Tshwane's spokesperson Samkelo Mgobozi says that the city will now decide on what action to take.
The departments of Health, Education and Public Works account for just over half of all provincial budgets and are responsible for key programmes. The AG's report says these departments were in 'a bad state'.
