The Standing Committee on Public Accounts, having considered the Annual Report and the Report of the Auditor-General on the South African Sports Commission for the financial year ending 31 March 2002, reports as follows:

The Committee notes the qualified opinion expressed by the Auditor-General with concern.

The Committee also noted the following issues raised under Emphasis of Matter:
Non-adherence to PFMA requirements as the audit committee of the accounting authority did not function during the year under review;
The internal audit function was not maintained throughout the year as required by the PFMA, and
Non-compliance with various laws and regulations.

Having considered the Annual Report, the Report of the Auditor-General and noted the qualified audit opinion expressed by the Auditor-General, the Committee is of the view that no further interaction with the accounting authority is necessary for the financial year under review.

The Committee therefore awaits the next Annual Report and the Report of the Auditor-General.