The Auditor-General indicated that "the Fund revalued its Compensation House Property as at 31 March 2009. However, the value of the property disclosed in the financial statements differs by R55.9 million from the valuation amount. According to accounting standards property, plant and equipment require that if a category of assets is revalued all assets in the category need to be revalued, as the Fund in Bisho did not obtain a valuation of its property".