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The Times has seen the team's terms of reference, which include advising on a funding model for the broadcaster's commercial and public broadcasting services.
The SABC had asked the government for R2 billion.
Led by corporate governance lawyer Themba Langa, the 12-member team includes experts in corporate governance, financial and technology management, and human resources.
The spokesman for trade union federation Cosatu, Patrick Craven, is a member of the team .
Sources close to the team told The Times that its members met the newly appointed SABC board and the corporation's management on Thursday.
The wide-ranging brief of the team includes:
The team is to report back before the end of October.
According to its terms of reference, the SABC will have to provide all information requested by the team.
This comes shortly after President Jacob Zuma appointed an interim board for the SABC after the collapse of the board appointed by former president Thabo Mbeki.
Source: The Times