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Statement of responsibility by the NEC 2018

The National Executive Committee (NBC) is required in terms of the Constitution of the Botswana Football Association to maintain adequate accounting records and is responsible for the content and integrity of the annual financial statements and related financial information. It is their responsibility to ensure that the annual financial statements present a true and fair view of the state of affairs of the Association as at 31 March 2018 and the results of its operations and cash flows for the period then ended, in conformity with International Financial Reporting Standards. The external auditors are engaged to express an independent opinion on the annual financial statements.

The annual financial statements are prepared in accordance with International Financial Reporting Standards and are based on appropriate accounting policies consistently applied and supported by reasonable and prudent judgments and estimates.

The National Executive Committee acknowledge that they are ultimately responsible for the system of internal financial control established by the Association and place considerable importance on maintaining a strong control environment. To enable the National Executive Committee to meet these responsibilities, the National Executive Committee sets standards for internal control aimed at reducing the risk of error or loss in a cost-effective manner. The standards include the proper delegation of re3ponsibilities within a clearly defined framework, effective accounting procedures and adequate segregation of duties to ensure an acceptable level of risk. These controls are monitored throughout the Association and all employees are required to maintain the highest ethical standards in ensuring the Association’s business is conducted in a manner that in all reasonable circumstances is above reproach. The focus of risk management in the Association is on identifying, assessing, managing and monitoring all known forms of risk across the Association. While operating risk cannot be fully eliminated, the Association endeavors to minimisze it by ensuring that appropriate infrastructure, controls, systems, and ethical behaviour are applied and managed within predetermined procedures and constraints.

The National Executive Committee is of the opinion, based on the information and explanations given by management, that the system of internal control provides reasonable assurance that the financial records may be relied on for the preparation of the annual financial statements. However, any system of internal financial control can provide only reasonable, and not absolute, assurance against material misstatement or loss.

The going concern basis has been adopted in preparing the annual financial statements. The National Executive Committee has no reason to believe that the Botswana Football Association will not be a going concern in the foreseeable future based on forecasts, available cash resources, and the continued support by the Botswana National Sports Commission and other sponsors. The financial statements disclose all matters which the members of the NEC are aware of that are relevant to the Association’s ability to continue as a going concern.

Development

The Mares Display Heart In Tri Nations Challenge

Botswana’s senior women’s national football team recently concluded their campaign in the prestigious Three Nations Challenge, hosted by South Africa from 28 May to 3 June at the Lucas Moripe Stadium. The series saw spirited competition between Botswana, South Africa, and Zambia, as teams continued their preparations for the upcoming Women’s Africa Cup of Nations (WAFCON) qualifiers.

 

Despite narrowly missing out on the top prize, Botswana showed immense character and growth throughout the tournament. The Mares kicked off their campaign with a thrilling encounter against the African champions South Africa, narrowly going down 3-2 in a tightly contested match. The team bounced back with a determined performance against Zambia, securing a 1-1 draw and demonstrating resilience and tactical discipline.

 

 

Final Tournament Results:

South Africa 3–2 Botswana

Botswana 1–1 Zambia

South Africa 2–0 Zambia

 

South Africa’s Banyana Banyana were ultimately crowned champions of the series, winning both of their matches to take the top spot. The tournament offered valuable game time and experience for all participating nations, and Botswana’s technical team, led by Head Coach Alex Malete, will take key insights from these fixtures as they refine the squad for the crucial WAFCON fianals.

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