4. An unqualified audit outcome was achieved for both Guardians Fund and the Criminal Assets Recovery Account (CARA). 5. To clear the qualification on the TPF, the Department reports that it intends to address risk areas identified at the conclusion of the baseline and historical financial reporting Annual Financial Statements for 2009/10 and 2010/11 respectively. These are opening balances, supporting document management and follow-up and management of shortages and losses. Other key initiatives include finalisation of the 2011/12 AFS, as well as planning and concluding the 2012/13 AFS; finalisation of the future operating model for TPF; and tabling of legislation to address the legal status of TPF AFS.