Fifth Report of Standing
Committee on Public Accounts: Trade and Investment South Africa, dated
18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Independent Auditors on the Financial Statements of Trade & Investment
South Africa for the year ended 31 March 2005 tabled in Parliament and
referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by independence auditors, and trusts that
future audit opinions shall be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the accounting authority of Trade &
Investment South Africa is necessary for the financial year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.
6. Sixth Report of
Standing Committee on Public Accounts: South African National Accreditation
System (SANAS), dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Independent Auditors on the Financial Statements of the South African National
Accreditation System (SANAS) for the year ended 31 March 2005, tabled in
Parliament and referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the Independent Auditors, and trusts
that future audit opinions will be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the SANAS is necessary for the financial
year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.
7. Seventh Report of
Standing Committee on Public Accounts: South African Broadcasting
Corporation, dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Independent Auditors on the Financial Statements of the South African
Broadcasting Corporation Limited (SABC) for the year ended 31 March 2005,
tabled in Parliament and referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the
Independent Auditors, and trusts that future audit opinions will be
equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the SABC is necessary for the financial
year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.
8. Eighth Report of
Standing Committee on Public Accounts: Onderstepoort
Biological Products Ltd, dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Independent Auditors on the Financial Statements of the Onderstepoort
Biological Products Ltd for the year ended 31 March 2005, tabled in
Parliament and referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the Independent Auditors, and trusts
that future audit opinions will be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the Onderstepoort
Biological Products Ltd is necessary for the financial year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.
9. Ninth Report of
Standing Committee on Public Accounts: Industrial Development Corporation of
South Africa Limited, dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual report and the Report of the
Independent Auditors on the Financial Statements of the Industrial Development
Corporation of South Africa Limited (IDC) for the year ended 31 March
2005, tabled in Parliament and referred to it, reports as follows:
AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the independent auditors, and trusts
that future audit opinions shall be equally unqualified.
CONCLUSION
The Committee is of the
view that no further interaction with the Industrial Development Corporation of
South Africa Limited (IDC) is necessary for the financial year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.
10. Tenth Report of
Standing Committee on Public Accounts: Godisa
Trust, dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual report and the Report of the
Independent Auditors on the Financial Statements of the Godisa
Trust for the year ended 31 March 2005, tabled in Parliament and referred
to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the independent auditors, and trusts
that future audit opinions shall be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the Godisa
Trust is necessary for the financial year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.
11. Eleventh Report of
Standing Committee on Public Accounts: Financial Services Board, dated
18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Auditor General on the Financial Statements of the Financial Service Board for
the year ended 31 March 2005, tabled in Parliament and referred to it,
reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the Auditor General, and trusts that
future audit opinions will be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the South Financial Service Board is
necessary for the financial year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Auditor General.
Report to be considered.
12. Twelfth Report of
Standing Committee on Public Accounts: Development Bank of Southern Africa,
dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Independent Auditors on the Financial Statements of the Developmental Bank of
Southern Africa Limited (DBSA) for the year ended 31 March 2005, tabled in
Parliament and referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the Independent Auditors, and trusts
that future audit opinions shall be equally unqualified.
2. CONCLUSION
The Committee is of the view
that no further interaction with the Developmental Bank of Southern Africa
Limited is necessary for the financial year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.
13. Thirteenth Report
of Standing Committee on Public Accounts: Airports Company South Africa Ltd
(ACSA), dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Independent Auditors on the Financial Statements of the Airports Company South
Africa Ltd (ACSA) for the year ended 31 March 2005, tabled in Parliament
and referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the independent auditors, and trusts
that future audit opinions will be equally unqualified.
2.CONCLUSION
The Committee is of the
view that no further interaction with the ACSA is necessary for the financial
year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.
14. Fourteenth Report of
Standing Committee on Public Accounts: Accounting Standards Board (ASB),
dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual report and the Report of the
Independent Auditors on the Financial Statements of the Accounting Standard
Board (ASB) for the year ended 31 March 2005, tabled in Parliament and
referred to it, reports as follows:
1.AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the independent auditors, and trusts
that future audit opinions shall be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the accounting authority of the
Accounting Standard Board (ASB) is necessary for the financial year under
review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.
15. Fifteenth Report of
Standing Committee on Public Accounts: National Agricultural Marketing
Council, dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Auditor General on the Financial Statements of the National Agricultural
Marketing Council (NAMAC) for the year ended 31 March 2005, tabled in
Parliament and referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the Auditor General, and trusts that
future audit opinions will be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the NAMAC is necessary for the financial
year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Auditor General.
Report to be considered.
16. Sixteenth Report of
Standing Committee on Public Accounts: Greater St. Lucia Wetland Park,
dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Auditor-General on the Financial Statements of the Greater St. Lucia Wetland
Park for the year ended 31 March 2005, tabled in Parliament and referred
to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the Auditor-General, and trusts that
future audit opinions will be equally unqualified.
2. CONCLUSION
The Committee is of the
view that, no further interaction with the Greater St Lucia Wetland Park is
necessary for the financial year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Auditor-General.
Report to be considered.
17. Seventeenth Report
of Standing Committee on Public Accounts: South African National
Biodiversity Institute (SANB), dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Auditor General on the Financial Statements of the South African National
Biodiversity Institute (SANBI) for the year ended 31 March 2005, tabled in
Parliament and referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the Auditor General, and trusts that
future audit opinions will be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the SANBI is necessary for the financial
year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Auditor General.
Report to be considered.
18. Eighteenth Report of
Standing Committee on Public Accounts: Export Credit Insurance Corporation
of South Africa Limited (ECIC), dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual report and the Report of the
Independent Auditors on the Financial Statements of the Export Credit Insurance
Corporation of South Africa Limited (ECIC) for the year ended 31 March
2005, tabled in Parliament and referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the independent auditors, and trusts
that future audit opinions shall be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the Export Credit Insurance Corporation
of South Africa Limited (ECIC) is necessary for the financial year under
review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.
19. Nineteenth Report
of Standing Committee on Public Accounts: Competition Tribunal, dated 18
March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Auditor General on the Financial Statements of the Competition Tribunal for the
year ended 31 March 2005, tabled in Parliament and referred to it, reports
as follows:
1.AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the Auditor General, and trusts that
future audit opinions will be equally unqualified.
2.CONCLUSION
The Committee is of the
view that no further interaction with the Competition Tribunal is necessary for
the financial year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Auditor General.
Report to be considered.
20. Twentieth Report of
Standing Committee on Public Accounts: South African National Parks,
dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Auditor-General on the Financial Statements of the South
African National Parks for the year ended 31 March 2005, tabled in
Parliament and referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the Auditor-General, and trusts that
future audit opinions shall be equally unqualified.
2. EMPHASIS OF MATTER
The Committee noted that
South African National Parks during the financial year, controls were not always
operating efficiently and effectively as required by section 51 (1) (a) (i) of the PFMA. Management has indicated that they are
giving ongoing attention to these matters.
The Committee expects this
issue to be addressed as a matter of urgency and will monitor this concern in
the next Annual Report.
3. CONCLUSION
The Committee is of the
view that no further interaction with the South African National Parks is
necessary for the financial year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Auditor General.
Report to be considered.
21. Twenty-First Report
of Standing Committee on Public Accounts: South African Bureau of Standards
(SABS), dated 18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Auditor General on the Financial Statements of the South African Bureau of
Standards (SABS) for the year ended 31 March 2005, tabled in Parliament
and referred to it, reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the Auditor General, and trusts that
future audit opinions will be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the SABS is necessary for the financial
year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Auditor General.
Report to be considered.
22. Twenty-Second Report
of Standing Committee on Public Accounts: South African Tourism, dated
18 March 2006:
INTRODUCTION
The Standing Committee on
Public Accounts, having considered the Annual Report and the Report of the
Independent Auditors on the Financial Statements of the South African Tourism
for the year ended 31 March 2005, tabled in Parliament and referred to it,
reports as follows:
1. AUDIT OPINION
The Committee noted the
unqualified audit opinion expressed by the independent auditors, and trusts
that future audit opinions will be equally unqualified.
2. CONCLUSION
The Committee is of the
view that no further interaction with the South African Tourism is necessary
for the financial year under review.
The Committee therefore
awaits the next Annual Report and the Report of the Independent Auditors.
Report to be considered.