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In a report released today, the NSW Auditor-General, Margaret Crawford provides a snapshot of reported fraud in the NSW public sector and an analysis of NSW Government agencies’ fraud controls based on a survey of 102 agencies.
Published
Actions for Volume Two 2011 focusing on Universities
Volume Two 2011 focusing on Universities
Universities
Compliance
Financial reporting
Fraud
Internal controls and governance
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New South Wales’ ten universities recorded a combined operating surplus of $582 million in 2010, similar to last year’s surplus of $494 million.Capital works expenditure increased by 16 per cent from $874 million in 2009 to $1,015 million in 2010. Despite this, financial and reputational issues continue for universities.