The Committee noted that significant unresolved issues led to a disclaimer which could have been resolved had an effective internal audit function been in place. The Committee recommends that the Accounting Authority ensures that: a) The internal audit function is adequately staffed as a matter of urgency, b) The Fund establishes an effective Audit Committee that acts upon control deficiencies and takes corrective action where necessary; c) The Audit Committee takes into consideration work done by internal audit; d) Disciplinary action is taken against officials who persist in under performing; e) The Fund employs personnel with adequate skills; and f) The management is urged to rectify staff shortages as a matter of urgency. 3. Basis for accounting opinion The Auditor-General noted various instances where it was not possible to express an opinion and which led to a disclaimer.