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The AASB releases an amending standard on right-of-use assets for not-for-profit entities
The Australian Accounting Standards Board (AASB) recently issued amending standard AASB 2018-8 ‘Amendments to Australian Accounting Standards – Right-of-Use Assets of Not-for-Profit Entities’. The amending standard provides not-for-profit entities a temporary option to elect not to apply fair value at initial measurement for right-of-use assets arising under leases with significantly below-market terms and conditions principally to enable the entity to further its objectives (commonly referred to as peppercorn or concessionary leases).
The election to measure a class or classes of right-to-use assets at cost rather than fair value requires entities to include additional qualitative and quantitative information about such leases in their financial statements. This is to enable users to understand the effects on the financial position, financial performance and cash flows of the entity arising from these leases.
The amending standard applies to annual reporting periods beginning on or after 1 January 2019 with earlier application permitted, provided that AASB 1058 ‘Income of Not-for-Profit Entities’ is also applied at the same time.
Exposure Draft ED 287 Onerous Contracts – Cost of Fulfilling a Contract
In January 2019, the AASB issued Exposure Draft (ED) ED 287 ‘Onerous Contracts – Cost of Fulfilling a Contract – Proposed amendments to AASB 137’, based on ED ED/2018/2 ‘Onerous Contracts – Costs of Fulfilling a Contract’ issued by the International Accounting Standards Board(IASB).
The ED proposes amending AASB 137 ‘Provisions, Contingent Liabilities and Contingent Assets’ to specify the costs an entity includes in determining the ‘cost of fulfilling’ a contract, in assessing whether a contract is onerous. The proposed amendments limit the costs of fulfilling a contract as those that relate directly to the contract, with examples including:
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direct labour and materials
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allocations of costs that relate directly to contract activities
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costs explicitly chargeable to the counterparty under the contract
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other costs incurred only because an entity entered into the contract.
Comments are due to the AASB by the 22 March 2019 and the IASB by 15 April 2019.
NSW Independent Commission Against Corruption’s (ICAC) first report on the state of corruption in NSW
ICAC recently released Corruption and Integrity in the NSW Public Sector: an assessment of current trends and events. The aim of the report is to help agencies identify areas that are susceptible to fraud, highlight red flags and provide prevention tips.
The report examines not only the types of corruption regularly reported to ICAC, but also looks at the risks brought about by changes in the way government services are delivered. The report notes the changing nature of the public sector; where lines are blurred between public, private and not-for-profit sectors in the delivery of public services; has resulted in potentially high-risk situations, as well as opportunities for corrupt conduct.
The report also highlights ICAC’s investigations linking corrupt conduct with organisational change, where opportunities for such conduct have arisen during or after a period of organisational change.
Other topics explored in the report include whistleblowing, human resources, procurement and contract management, regulations and accreditation and non-government organisations.
NSW Treasury publications for financial reporting
Recent policy papers and circulars released by NSW Treasury include:
TC 18-17 FY18-19 Timetable for Agency Asset Valuations outlining the recommended timetable for asset valuations undertaken by NSW public sector entities, including State Owned Corporations, for financial years ending on or after 30 June 2019. The timetable applies to assets:
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requiring comprehensive valuations measured in accordance with AASB 13 ‘Fair Value Measurement’ and TPP 14-01 ‘Valuation of Physical Non-Current Assets at Fair Value’
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not currently recorded in financial statements as they do not meet the reliable measurement criteria.
TC19-01 ‘Agency guidelines for the 2018-19 Mandatory Early Close’ mandating the early close procedures NSW public sector agencies, including State Owned Corporations, must complete. Agencies are required to:
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perform each early close procedure listed in Appendix B as at 31 March 2019
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provide the results of their early close procedures to the Audit Office and Treasury no later than 23 April 2019
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report emerging issues which have the potential to materially affect either the year-end financial statements or the agency year-end process at three points during the year – 13 February, 23 April and 24 June 2019.
TC 19-04 ‘Mandates of options and major policy decisions under Australian Accounting Standards’ which mandates the accounting policy options and major policy decisions NSW public sector agencies must use when accounting standards allow certain accounting policy choices. The Circular supersedes and withdraws the previous circular NSW TC 18-01.
The main change to the mandates are to include the options that agencies must elect when applying AASB 9 ‘Financial Instruments’ and AASB 15 ‘Revenue from Contracts with Customers’ (for-profits only) and an updated list of Accounting Standards issued but not yet effective. The mandates also confirm that Accounting Standards cannot be early adopted.
TPP 19-04 ‘Accounting Policy: Financial Reporting Code for NSW General Government Sector Entities’ (the Code) which provides illustrative guidance on the form and content of the financial statements, including note disclosures. The Circular supersedes and withdraws the previous policy TPP 18-01.
The main change to the Code is to include the new disclosures required when applying AASB 9 and revised AASB 7 ‘Financial Instruments: Disclosures’. NSW Treasury will provide separate guidance to for-profit agencies to assist them with the disclosures required by AASB 15 ‘Revenue from Contracts with Customers’.
NSW Treasury releases a new policy on Outcome Budgeting
NSW Treasury recently released policy TPP 18-09 Outcome Budgeting. Outcome Budgeting was announced as a reform initiative in the 2017-18 Budget to fundamentally change the way budgets are determined and resources are managed in the NSW public sector. Under Outcome Budgeting, the focus will be on a more comprehensive view of total budget spend, combined with an understanding of performance programs and services, and how they contribute towards achieving outcomes.
The policy:
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defines Outcome Budgeting and explains the Outcome Budgeting Framework
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describes the components of the Outcome Budgeting Structure required to be created and the supporting information to be collected and maintained by NSW agencies
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outlines how periodic performance monitoring will be incorporated into financial monitoring procedures.
Circulars released by the Office of Local Government
The Office of Local Government has released the following circulars:
18-42 ‘Recent amendments to the Government Information (Public Access) Act 2009' advising councils of the new guidance issued by the NSW Information and Privacy Commission following the amendments made to the Government Information (Public Access) Act 2009, effective 28 November 2018.
18-43 'Council decisions on the administration of the September 2020 elections' advising councils that under section 296AA of the Local Government Act 1993 (the LG Act), they must determine how to administer their September 2020 ordinary elections no later than 11 March 2019. If a council fails to engage the NSW Electoral Commission by 11 March, it will be required to administer its own elections.
18-44 'Commencement of the new Model Code of Conduct for Local Councils in NSW and Procedures' advising councils that the new 2018 Model Code of Conduct for Local Councils in NSW (the Model Code of Conduct) and Procedures for the Administration of the Model Code of Conduct for Local Councils in NSW (Procedures) have been prescribed under the Local Government (General) Regulation 2005 (the LG Regulations). Councils have 6 months from the date of prescription (14 December 2018) to adopt the new Model Code of Conduct and Procedures.
18-45 'Commencement of the new Model Code of Meeting Practice for Local Councils in NSW' advising councils that a Model Meeting Code has been prescribed under the LG Regulations with the existing provisions of the LG Regulation being repealed. The Model Meeting Code also applies to meetings of the boards of joint organisations and county councils. The Model Meeting Code must be adopted within 6 months from the date when the new Model Meeting Code was prescribed (14 December 2018).
18-46 ‘New Councillor Induction and Professional Development Requirements’ advising councils that the LG Regulation has been amended to include requirements for the induction and professional development of mayors and councillors. These new requirements support amendments to the LG Act by the Local Government Amendment (Governance and Planning) Act 2016 to include in the prescribed role of councillors under section 232 a responsibility 'to make all reasonable efforts to acquire and maintain the skills necessary to perform the role of a councillor'.
Department of Finance, Services and Innovation policy on Cyber Security
The Department of Finance, Services and Innovation (DFSI) recently issued Circular 'DFSI-2019-02-NSW Cyber Security Policy', advising that from 1 February 2019 the Digital Information Security Policy 2015 is replaced by the NSW Cyber Security Policy, with reporting for the 2018-19 financial year due on 31 August 2019.
The policy applies to all NSW Public Service Agencies. State Owned Corporations, local councils and universities are recommended to adopt the policy.
The policy introduces new mandatory cyber security requirements for agencies such as:
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identification of the agency’s most valuable or operationally vital systems or information (“crown jewels”)
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implementing regular cyber security education for all employees, contractors and outsourced ICT service providers
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implementation and provision of a maturity assessment against the Australian Cyber Security Centre ‘Essential 8’ strategies to mitigate cyber security incidents
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inclusion of requirements for industrial automation and control systems / operational technology and the internet of things
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reporting cyber security incidents to the Government Chief Information Security Officer.
The policy also includes a requirement for agencies to provide a cyber security attestation in their annual reports.
Agency heads may seek exemptions to any part of the policy, by sending exemptions to the Government Chief Information and Digital Officer for approval.
ASIC announces findings from 30 June 2018 financial reports
The Australian Securities and Investments Commission (ASIC) released 19-014MR Findings from 30 June 2018 financial reports on 25 January 2019 announcing the results from a review of 215 listed and other public interest entities.
The table below summarises the key findings from the review:
Areas of focus | Findings from 30 June 2018 financial reports |
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Asset values and impairment testing | Findings include the reasonableness of cash flows and assumptions, determining the carrying amount of cash generating units, use of fair value, impairment indicators, and disclosures. |
Revenue recognition | Concerns regarding the recognition of revenue on contracts that involve the provision of goods or services in the future, or multiple deliverables (i.e. both goods and services). |
Tax accounting | Accounting for income tax, including the adequacy of tax expense and whether it is probable that future taxable income will be sufficient to enable the recovery of deferred tax assets relating to tax losses. |
Consolidation accounting | The appropriateness of not consolidating other entities, including the treatment of an apparent loan securitisation arrangement as off-balance sheet. |
Business combinations | The appropriateness of business combination accounting, including the treatment of transactions as under common control. |
Expense deferral | Concerns over whether amounts deferred as assets should have been expensed in the income statement, including whether costs incurred should have been capitalised in anticipation of an insurance claim recovery. |
Estimates and accounting policy judgements | Entities needed to improve the quality and completeness of disclosures such as including key assumptions, reasons for judgements, alternative treatments and appropriate quantification. |
Audit Office of New South Wales
Margaret Crawford, Auditor-General for New South Wales – presentations, attendances and interviews
Organisation | Event | Involvement | Date |
Davidson | Top 50 NSW Public Sector Women Alumnae | Attendance | 28 March 2019 |
Institute of Public Administration Australia (IPAA) | 2019 CEO & Young Professionals Breakfast | Hosting table of Audit Office staff | 22 March 2019 |
Minter Ellison | Women in Government Dinner with Dr Kerryn Phelps AM, MP | Attendance | 19 March 2019 |
NSW Treasury | Audit and Risk Leadership forum | Presentation | 19 March 2019 |
Sydney Financial Forum | Forum | Presentation | 12 March 2019 |
IPAA | International Women’s Day | Attendance | 7 March 2019 |
Public Service Commission | Executive Connections – International Women’s Day | Attendance | 5 March 2019 |
Independent Commission Against Corruption | Briefing meeting | Attendance | 27 February 2019 |
Far North West Joint Organisation | Joint organisation meeting | Attendance | 26 February 2019 |
Western Division Councils of NSW | 2019 Annual Conference | Presentation | 26 February 2019 |
Audit Office of New South Wales | Briefing meeting with Audit Service Providers | Attendance | 19 February 2019 |
Sydney Water | Audit and Risk Committee meeting | Presentation | 19 February 2019 |
IPAA | Picnic in the Park | Attendance | 7 February 2019 |
CareerTrackers | Dinner and recognition ceremony | Attendance | 31 January 2019 |
Australia Day Council of NSW (ADCNSW) | Australia Day address – Hugh Mackay AO | Attendance | 23 January 2019 |
ADCNSW | Luncheon | Attendance | 18 January 2019 |
Auditor-General’s reports to Parliament
Report | Type of report | Report date |
Members' Additional Entitlements 2018 | Special report | 28 February 2019 |
Firearms regulation | Performance audit | 28 February 2019 |
Local Government 2018 | Financial audit | 28 February 2019 |
Compliance of expenditure with Section 12A of the Public Finance and Audit Act 1983 - Law Enforcement Conduct Commission | Special report | 21 February 2019 |
Transport Access Program | Performance audit | 19 February 2019 |
Supply of secondary teachers in STEM-related disciplines | Performance audit | 29 January 2019 |
Education 2018 | Financial audit | 19 December 2018 |
Government Advertising 2017-18 | Performance audit | 18 December 2018 |
Accounting Update
Australian update – Australian Accounting Standards Board (AASB)
Topics discussed included:
AASB Meeting Highlights – 19 February 2019
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Conceptual Framework – For-Profit Entities (Phase 2)
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Tier 2 – IFRS for SMEs Disclosures
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Legislative Financial Reporting Requirements
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Not-for-Profit (NFP) Entity Definition
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AASB Approach to IPSASB Standards
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Financial Statements of Non-Disclosing Entities Lodging with ASIC
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Goodwill and Impairment
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Australian Financial Reporting Framework – Approach to NFP Entities
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Management Commentary
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International Documents Open for Comment.
Latest news, accounting standards and work-in-progress documents from the AASB included:
Name | Type of document | Publication date |
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New compilations for reporting periods beginning on or after 1 January 2019 | News | 30 January 2019 |
Exposure Draft – ED 287 ‘Onerous Contracts - Cost of Fulfilling a Contract’ - January 2019 - Open for comment until 22 March 2019* | Exposure draft | January 2019 |
Fatal Flaw Review Version of AASB 2019-X ‘Amendments to Australian Accounting Standards - References to the Conceptual Framework’ - Open for comment until 22 March 2019 | Invitation to comment | January 2019 |
Exposure Draft – IPSASB ED 67 ‘Collective and Individual Services and Emergency Relief’ - January 2019 - Open for comment until 31 May 2019 | Exposure draft | January 2019 |
Climate-related and other emerging risks disclosures: assessing financial statement materiality using AASB Practice Statement 2 | News | 13 December 2018 |
2018-8 ‘Amendments to Australian Accounting Standards – Right-of-Use Assets of Not-for-Profit Entities’* | Accounting standard | December 2018 |
2018-7 ‘Amendments to Australian Accounting Standards – Definition of Material’ | Accounting standard | December 2018 |
2018-6 ‘Amendments to Australian Accounting Standards – Definition of a Business’ | Accounting standard | December 2018 |
International Update – International Accounting Standards Board (IASB)
Topics discussed included:
IASB Meeting Highlights – 12-14 March 2019
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Classification of Liabilities as Current or Non-current
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SME Standard review and update
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Financial Instruments with Characteristics of Equity
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Business Combinations under Common Control
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Extractive Activities
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Primary Financial Statements
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Amendments to IFRS 17 ‘Insurance Contracts’
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Disclosure Initiative
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IBOR Reform and the Effects on Financial Reporting.
IASB Meeting Highlights – 7-8 February 2019
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SME Standard review and update Management Commentary
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Primary Financial Statements
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Amendments to IFRS 17 ‘Insurance Contracts’
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IBOR Reform and the Effects on Financial Reporting.
IASB Meeting Highlights – 23 January 2019
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Extractive Activities
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Rate Regulated Activities
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Implementation matters
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Amendments to IFRS 17 ‘Insurance Contracts’.
International Update – International Financial Reporting Standards (IFRS) Foundation
Latest news from the IFRS Foundation included:
Name | Publication date |
Disclosure Initiative – Principles of Disclosure project summary now available | 21 March 2019 |
Speech: The Primary Financial Statements project – a game changer in financial reporting? | 6 March 2019 |
Feature: Changes in financing liabilities – what does good disclosure look like? | 21 February 2019 |
Feature: Materiality modernised | 28 January 2019 |
New Standard on leases now effective | 8 January 2019 |
IASB to propose narrow-scope amendment to IFRS 17 | 13 December 2018 |
International Update – International Public Sector Accounting Standards Board (IPSASB)
Topics discussed included:
IPSASB Meeting Highlights – 12-15 March 2019
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Measurement
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Heritage
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Revenue – binding arrangements/enforceability/performance obligations
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Non-exchange Expenses
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Revenue – IPSAS 23 Update
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Public sector specific financial instruments
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Leases.
Recent news from the IPSASB included:
Name | Publication date |
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IPSASB to Sharpen Focus on Public Financial Management and Benefits of IPSAS Adoption | 28 February 2019 |
IPSASB Delivers Guidance on Significant Areas of Public Expenditure | 31 January 2019 |
Name | Publication date |
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IPSASB Strategy and Work Plan 2019-2023 | 28 February 2019 |
Exposure Draft 67 ‘Collective and Individual Services and Emergency Relief (Amendments to IPSAS 19)’ | 31 January 2019 |
IPSAS 42 ‘Social Benefits’ | 31 January 2019 |
Amendments to IPSAS 36 ‘Investments in Associates and Joint Ventures’, and IPSAS 41 ‘Financial Instruments’ | 30 January 2019 |
Auditing Update
Australian Update – Auditing and Assurance Standards Board (AUASB)
Topics discussed included:
AUASB Meeting Highlights – 6 March 2019
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Audit Quality Plan Update
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Quality Management Standards
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ASRE 2410 – Approval of ED 05/19
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Agreed-Upon Procedures.
Latest news from the AUASB included:
Name | Publication date |
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Webinar: Proposed Revisions to ISRS 4400 Agreed-Upon Procedures Engagements | 18 February 2019 |
New compilations of auditing standards are now available | 8 February 2019 |
Auditing and Assurance Standards Board Chair welcomes latest ASIC Audit Inspection Report | 24 January 2019 |
Climate-related and other emerging risks disclosures: assessing financial statement materiality using AASB Practice Statement 2 | 13 December 2018 |
International Update – International Auditing and Assurance Standards Board (IAASB)
Topics discussed included:
IAASB Meeting Highlights – 11-15 March 2019
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ISA 600 ‘Group Audits’
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Conforming Amendments to Other Standards
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ISA 315 (Revised) ‘Identifying and Assessing the Risk of Material Misstatement’
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Audits of Less Complex Entities
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Extended External Reporting (EER) Assurance
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Audit Evidence.
IAASB Meeting Highlights – 31 January 2019
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EER Assurance.
IAASB Meeting Highlights – 22 January 2019
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IAASB Strategy 2020-2023.
Latest publications from the IAASB included:
Name | Publication date |
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Proposed Quality Management Standards | 25 February 2019 |
Focus on Professional Skepticism | 22 February 2019 |
Exposure Draft, International Standard on Auditing 220 (Revised) ‘Quality Management for an Audit of Financial Statements’ (comments due 1 July 2019) | 8 February 2019 |
Exposure Draft, International Standard on Quality Management 2 ‘Engagement Quality Reviews’ (comments due 1 July 2019) | 8 February 2019 |
Exposure Draft, International Standard on Quality Management 1 ‘Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements’ (comments due 1 July 2019) | 8 February 2019 |
The IAASB’s Exposure Drafts for Quality Management at the Firm and Engagement Level, Including Engagement Quality Reviews (comments due 1 July 2019) | 8 February 2019 |
IAASB Work Plan for 2019: Enhancing Audit Quality | 4 February 2019 |
Ethics Update
Australian Update – Accounting Professional and Ethical Standards Board (APESB)
Topics discussed included:
APESB Meeting Highlights – 18 February 2019
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Proposed Exposure Draft ED 01/19 to revise APESB pronouncements:
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APES 210 Conformity with Auditing and Assurance Standards
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APES 215 Forensic Accounting Services
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APES 220 Taxation Services
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APES 225 Valuation Services
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APES 305 Terms of Engagement
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APES 345 Reporting on prospective financial information prepared in connection with a Public Document
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APES 350 Participation by Members in Public Practice in Due Diligence Committees in connection with a Public Document
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GN 20 Scope and Extent of Work for Valuation Services
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GN 21 Valuation Services for Financial Reporting
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GN 31 Professional and Ethical Considerations relating to Low Doc Offering Sign-offs
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Update on proposed revisions to Quality Review standards
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Update on the Royal Commission and impact on Financial Services.
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Latest news and media releases from the APESB included:
Name | Publication date |
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Proposed revisions to APESB Pronouncements | 1 March 2019 |
International Update – International Ethics Standards Board for Accountants (IESBA)
Topics discussed included:
IESBA Meeting Highlights – 11-13 March 2019
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Roll-out of the Revised Restructured Code (the Code)
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Alignment of Part 4B of the Code with ISAE 3000 ‘Assurance Engagements Other Than Audits or Reviews of Historical Financial Information’
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Non-Assurance Services
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Long Association FAQs.
NSW Treasury
NSW Treasury documents and resources
Treasury’s recent releases included:
Name | Publication date |
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TPP19-04 Financial Reporting Code for NSW General Government Sector Entities | 28 March 2019 |
TC19-04 Mandates of options and major policy decisions under Australian Accounting Standards | 28 March 2019 |
Government Sector Finance Act 2018 – Resources | January – March 2019 |
Archived, withdrawn or superseded NSW Treasury Circulars | 8 March 2019 |
TC19-03 Recurrent Expenditure Assurance Framework | 12 February 2019 |
TPP19-03 Recurrent Expenditure Assurance Framework | 12 February 2019 |
TPP19-01 Guide to Better Regulation | 25 January 2019 |
TC19-02 Guide to Better Regulation | 25 January 2019 |
TPP19-02 Guidelines for Community Service Obligations | 25 January 2019 |
TC19-01 Agency Guidelines for the 2018-19 Mandatory Early Close* | 10 January 2019 |
Changes to Annual Reporting Requirements – Dec 2018 | 6 January 2019 |
TC18-18 Agency Recouping of Merchant Interchange Fees | 20 December 2018 |
TPP18-09 – Outcome Budgeting* | 19 December 2018 |
TC18-17 FY18-19 Timetable for Agency Asset Valuations* | 18 December 2018 |
Department of Finance, Services and Innovation (DFSI)
Whole of Government Circulars
DFSI released the following circulars:
Name | Type of document | Publication date |
---|---|---|
DFSI-2019-02-NSW Cyber Security Policy* | Circular | 1 February 2019 |
NSW Procurement Board
Directions and Procurement Alerts
NSW Procurement Board’s recent Directions and Procurement alerts included:
Name | Type of document | Publication date |
---|---|---|
PBD-2019-01 Engagement of professional services suppliers | Direction | 26 March 2019 |
PBD-2018-02 Replacement of the ICT Short Form Contract in the Procure IT Framework | Direction | 30 January 2019 |
ICT Services Scheme extended to 28 February 2021 | Procurement alert | 14 January 2019 |
Public Accountability Committee
Inquiries and Reports
Inquiries and Reports tabled in NSW Parliament included:
Name | Type of document | Publication date |
---|---|---|
Scrutiny of public accountability in New South Wales – Final Report | Report | 30 January 2019 |
Impact of the CBD and South East Light Rail Project – Final Report | Report | 25 January 2019 |
The impact of the WestConnex Project – Final Report | Report | 17 December 2018 |
Office of Local Government (OLG)
Recent publications released included:
Name | Publication date |
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19-03 2018-19 and 2019-20 Joint Organisation Calendar of Compliance and Reporting Requirements | 14 March 2019 |
19-02 IPART review of the costs of conducting local government elections and extension of the deadline for councils to make a decision on the administration of their elections | 8 February 2019 |
Council misconduct tops complaint list | 23 December 2018 |
18-47 Amendments to the election provisions of the Local Government (General) Regulation 2005 | 19 December 2018 |
18-46 New Councillor Induction and Professional Development Requirements* | 18 December 2018 |
18-45 Commencement of the new Model Code of Meeting Practice for Local Councils in NSW* | 18 December 2018 |
18-44 Commencement of the new Model Code of Conduct for Local Councils in NSW and Procedures* | 18 December 2018 |
Australian Securities and Investments Commission (ASIC)
Recent media releases included:
Name | Publication date |
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19-038MR ASIC welcomes new whistleblowing laws | 21 February 2019 |
19-035MR ASIC update on implementation of Royal Commission recommendations | 19 February 2019 |
19-032MR ASIC to pursue harsher penalties after laws passed by Senate | 15 February 2019 |
19-020MR Statement from ASIC Chair James Shipton on the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry | 4 February 2019 |
19-014MR Findings from 30 June 2018 financial reports* | 25 January 2019 |
18-369MR ASIC reports on decisions to cut red tape – April 2018 to September 2018 | 6 December 2018 |
Australian Charities and Not-for-profits Commission (ACNC)
Recent news and media included:
Name | Publication date |
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2018 Annual Information Statement due date fast approaching | 4 March 2019 |
How the ACNC approaches concerns about charities | 25 January 2019 |
Charity sector predicted to flourish | 24 January 2019 |
The second object of the ACNC Act | 12 December 2018 |
Australasian Council of Auditors-General (ACAG) Submissions
ACAG recently made a submission to the AASB on:
Name | Due date |
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ED 287 ‘Onerous Contracts – Cost of Fulfilling a Contract’ | 22 March 2019 |
Publications by Australian and New Zealand Audit Offices
Australian National Audit Office
Australian National Audit Office (ANAO) | Publication date |
---|---|
Defence’s Management of its Projects of Concern | 26 March 2019 |
ANZAC Class Frigates – Sustainment | 18 March 2019 |
Efficiency of the Investigation of Transport Accidents and Safety Occurrences | 14 March 2019 |
Insights from reports tabled October to December 2018 | 7 March 2019 |
Management of Smart Centres’ Centrelink Telephone Services Follow-up | 21 February 2019 |
Closing the Gap | 20 February 2019 |
Australian Government Funding of Public Hospital Services – Risk Management, Data Monitoring and Reporting Arrangements | 15 February 2019 |
Efficiency of the Processing of Applications for Citizenship by Conferral | 11 February 2019 |
The Australian Criminal Intelligence Commission’s Administration of the Biometric Identification Services Project | 21 January 2019 |
Northern Australia Quarantine Strategy – Follow-on Audit | 17 January 2019 |
Award of a $443.3 Million Grant to the Great Barrier Reef Foundation | 16 January 2019 |
Cape Class Patrol Boat – In Service Support Arrangements | 18 December 2018 |
2017-18 Major Projects Report | 18 December 2018 |
Audits of the Financial Statements of Australian Government Entities for the Period Ended 30 June 2018 | 17 December 2018 |
Administration of the Renewable Energy Target | 17 December 2018 |
Implementation of the Annual Performance Statements Requirements 2017-18 | 17 December 2018 |
Implementation of the Australian Government’s Workplace Bargaining Framework | 13 December 2018 |
Australian Capital Territory Audit Office
Australian Capital Territory Audit Office (ACT AO) | Publication date |
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Recognition and implementation of obligations under the Human Rights Act 2004 | 22 February 2019 |
Total Facilities Management Procurement | 18 January 2019 |
2017-18 Financial Audits – Financial Results and Audit Findings | 13 December 2018 |
Northern Territory Auditor-General's Office
Northern Territory Auditor-General's Office (NT AGO) | Publication date |
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Report to the Legislative Assembly | 20 March 2019 |
Queensland Audit Office
Queensland Audit Office (QAO) | Publication date |
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Follow-up of Oversight of recurrent grants to non-state schools | 26 March 2019 |
Queensland state government: 2017-18 results of financial audits | 28 February 2019 |
Health: 2017-18 results of financial audits | 26 February 2019 |
Market-led proposals | 13 December 2018 |
South Australian Auditor-General’s Department
South Australian Auditor-General’s Department (SA AGD) | Publication date |
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Consolidated Financial Report review | 19 March 2019 |
Adelaide Oval redevelopment for the designated period 1 July 2018 to 31 December 2018 | 26 February 2019 |
State Finances and related matters | 12 February 2019 |
Land services commercialisation project | 12 December 2018 |
Tasmanian Audit Office
Tasmanian Audit Office (TAS AO) | Publication date |
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Student attendance and engagement: Years 7 to 10 | 21 March 2019 |
Performance management in the Tasmanian State Service: A focus on quality conversations | 19 March 2019 |
Audit Summary 2017-18 | 29 November 2018 |
Local Government Authorities 2017-18 | 29 November 2018 |
Government Businesses 2017-18 | 27 November 2018 |
Treasurer’s Annual Financial Report and results of General Government Sector Entities 2017-18 | 27 November 2018 |
Victorian Auditor-General’s Office
Victorian Auditor-General’s Office (VAGO) | Publication date |
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Access to Mental Health Services | 21 March 2019 |
Professional Learning for School Teachers | 20 February 2019 |
Results of 2017-18 Audits: Local Government | 19 December 2018 |
Western Australia Office of the Auditor-General
Western Australia Office of the Auditor-General (WA OAG) | Publication date |
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Audit Results Report – Annual 2017-18 Financial Audits of Local Government Entities | 7 March 2019 |
Management of Supplier Master Files | 7 March 2019 |
Opinions on Ministerial Notifications | 13 February 2019 |
Opinion on Ministerial Notification | 23 January 2019 |
Opinions on Ministerial Notifications | 20 December 2018 |
Managing Disruptive Behaviour in Public Housing | 20 December 2018 |
Treatment Services for People with Methamphetamine Dependence | 18 December 2018 |
Opinions on Ministerial Notifications | 18 December 2018 |
New Zealand Office of the Auditor-General
New Zealand Office of the Auditor-General (NZ OAG) | Publication date |
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Inquiry into procurement of work by Westland District Council at Franz Josef | 1 March 2019 |
Tertiary Education Institutions: Changes to the requirements for performance reporting in annual reports | 14 February 2019 |
Matters arising from our audits of the 2018-28 long-term plans | 8 February 2019 |
Managing stormwater systems to reduce the risk of flooding | 10 December 2018 |
Other Useful Resources
The Treasury (Australian Government)
Recent publications included:
Name | Publication date |
---|---|
Black Economy Procurement Connected Policy | 26 March 2019 |
Privacy Impact Assessment – Consumer Data Right | 1 March 2019 |
Restoring trust in Australia’s financial system | 4 February 2019 |
Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry | 4 February 2019 |
Independent Commission Against Corruption (ICAC)
Recent media releases included:
Name | Publication date |
ICAC to hold public inquiry into allegations concerning University of Sydney and contract security services providers | 25 January 2019 |
ICAC finds DFSI ICT project manager corrupt after 'hijacking' business name to obtain half-million dollar benefit | 16 January 2019 |
Independent Pricing & Regulatory Tribunal (IPART)
Recent IPART papers and reports included:
Name | Industry | Type of document | Publication date |
---|---|---|---|
Incident reporting – March 2019 | Energy | Reporting Manual | 26 March 2019 |
Annual compliance reporting – February 2019 | Energy | Reporting Manual | 26 March 2019 |
Report to the Minister – Hunter Water Operational Audit – 2017-18 | Water | Compliance Report | 5 March 2019 |
Rental arrangements for communication towers on Crown land | Special Reviews | Issues Paper | 26 February 2019 |
Review of costs of conducting local government elections | Local Government | Terms of Reference | 21 February 2019 |
Public Hearing on 12 February 2019 (Review of maximum prices for Valuer General’s land valuation services to councils) | Special Reviews | Transcript | 15 February 2019 |
NSW Ombudsman
Recent media releases included:
Name | Publication date |
---|---|
Release of Oversight of the Public Interest Disclosures Act Annual Report | 28 February 2019 |