INSPORTS – Tabled No Annual Reports since 1978 and no Financial Reports since 1992

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Auditor General's Findings

Section 3 of the Public Bodies Management and Accountability Act (2001) stipulates that each public body should submit to the responsible Minister the annual report and audited financial statements within four months of the end of the financial year for tabling in the House of Representatives and the Senate. However, INSPORTS last audited financial statement was for financial year 1991 – 1992. This prevented state of affairs. INSPORTS also failed to prepare annual operational plans. Except for the year 2010-2011 INSPORTS did not maintain information on its budget for prior years to inform future planning decisions.
A follow up audit in 2017, revealed that INSPORTS was yet to implement the requirements. The last audited financial statements were for financial year 1991/92. For the last 23 years INSPORTS has the portfolio Ministry and Parliament of its oversight function regarding its financial and operational performance.

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Permanent Secretary (current): Denzil Thorpe

Breach Category: Governance

Permanent Secretary (at breach):

Breach Type: Failure to Submit Timely Required Financial Statements and Reports

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$3 TRILLION+
not accounted for

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