2.1 Recommendation The Committee recommends that the Accounting Authority urgently ensure that: (a) Interest in contracts by management is declared, thereby reducing the risk of certain suppliers of goods and services receiving preferential treatment; (b) Management only invest funds as per the approved policy, thus reducing the risk of losses to the SAWS; and (c) Management implements proper controls to ensure that the requirements of the PFMAand the DEAT are strictly adhered to.