Professional Update banner 

In this edition...

Hot topics
NSW Treasury releases guidance on AASB 1058 and AASB 15

NSW Treasury releases information on early close, Treasury mandates, the financial reporting code and performance reporting by government businesses
AASB Practice Statement 2 – Making Materiality Judgements
ASIC announces focus areas for 31 December 2017 financial reports


Audit Office of New South Wales
Margaret Crawford, Auditor-General for New South Wales  presentations, attendances and interviews
Auditor-General's reports to Parliament


Accounting update

Australian update – Australian Accounting Standards Board (AASB)
International update – International Accounting Standards Board (IASB)
International update – International Financial Reporting Standards (IFRS) Foundation
International update – International Public Sector Accounting Standards Board (IPSASB)


Auditing update
Australian update – Auditing and Assurance Standards Board (AUASB)
International update – International Auditing and Assurance Standards Board (IAASB)


Ethics update
Australian update – Accounting Professional and Ethical Standards Board (APESB)
International update – International Ethics Standards Board for Accountants (IESBA)


NSW Treasury

NSW Treasury documents and resources

Department of Premier and Cabinet
Ministerial memoranda and Department circulars

NSW Procurement Board
Directions and procurement alerts

Public Accounts Committee
Inquiries and reports

Public Accountability Committee
Legislative Council Public Accountability Committee

Office of Local Government
Recent publications

Australian Securities and Investments Commission (ASIC)
Recent reports
Recent speeches
ASIC media releases


Australian Charities and Not-for-profits Commission (ACNC)
Recent media releases

Australasian Council of Auditors-General (ACAG) submissions to AASB 
Recent submissions

Publications by Australian and New Zealand Audit Offices
Australian National Audit Office (ANAO)
Australian Capital Territory Audit Office (ACT AO)
Northern Territory Auditor-General’s Office (NT AGO)
Queensland Audit Office (QAO)
South Australian Auditor-General’s Department (SA AGD)
Tasmanian Audit Office (TAS AO)
Victorian Auditor-General’s Office (VAGO)
Western Australia Office of the Auditor-General (WA OAG)
New Zealand Office of the Auditor-General (NZ OAG)


Other useful resources
Independent Commission Against Corruption (ICAC) media releases
Independent Pricing & Regulatory Tribunal (IPART) information/fact sheets
NSW Ombudsman media releases

 

Hot topics 

NSW Treasury releases guidance on AASB 1058 and AASB 15

NSW Treasury recently released ‘Guidance for AASB 1058 Income of Not-for-Profit Entities’  and ‘Guidance for AASB 15 Revenue from Contracts with Customers’. AASB 1058 'Income of Not-for-Profit Entities' (AASB 1058) applies to not-for-profit (NFP) entities for annual reporting periods beginning on or after 1 January 2019. AASB 15 'Revenue from Contracts with Customers' applies to for-profit (FP) entities for annual reporting periods beginning on or after 1 January 2018 and NFP entities for annual reporting periods beginning on or after 1 January 2019.

The guidance papers summarise the key requirements of the new standards, options to apply practical expedients on transition, and practical examples to help entities implement those requirements.

The requirements in AASB 1058 and AASB 15:

  • clarify and simplify the income recognition requirements for NFP entities
  • supersede all the income recognition requirements for private sector NFP entities, and most of the income recognition requirements for public sector NFP entities, previously in AASB 1004 ‘Contributions’.

Before entities apply AASB 1058, they must first determine whether a transaction, or part of that transaction, falls within the scope of AASB 15.

AASB 1058 applies to:

  • transactions where consideration to acquire an asset is significantly less than fair value, principally to enable a NFP entity to further its objectives
  • receipt of volunteer services if they can be reliably measured.

AASB 15 replaces a suite of standards with the objective of providing a comprehensive framework for recognising and measuring revenue and related cash flows from contracts with customers. The core principle is that an entity will recognise revenue at an amount that reflects the consideration entitled, in exchange for transferring goods or services to a customer, by using the following five-step model:

  1. identify the contract with the customer
  2. identify the performance obligations in the contract
  3. determine the transaction price
  4. allocate the transaction price to each performance obligation
  5. recognise revenue when (or as) performance obligations are satisfied.

 

Return to contents
 


NSW Treasury releases information on early close, Treasury mandates, the financial reporting code and performance reporting by government businesses

NSW Treasury released:

TC17-12 and TC18-01 apply to all NSW public sector agencies including state owned corporations with financial years ending on or after 30 June 2018 that are required to prepare general purpose financial statements (GPFS) under the Public Finance and Audit Act 1983 (PF&A Act).

TC17-12, which supersedes TC16-13, requires NSW public sector agencies to:

  • conduct each early close procedure listed in Appendix B as at 31 March 2018, unless an alternative date is approved in writing by NSW Treasury
  • send NSW Treasury details of completed early close procedures at the same time they provide outcomes to the Audit Office by 23 April 2018. The Audit Office will provide observations and feedback to NSW public sector agencies by 31 May 2018 so they can address material audit issues before the end of the financial year
  • 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 – 14 February, 23 April and 25 June 2018.

Key changes in TC18-01, which supersedes TC17-04, include:

  • updating the list of standards issued but not yet effective
  • confirming that accounting standards cannot be early adopted.

The main changes in TPP18-01, which supersedes TPP17-05 include:

  • updates for changes in Australian Accounting Standards (AAS) and Treasury policy requirements
  • relocation of accounting policies from Note 1 to the corresponding note disclosures. As this change is not required by AAS or Treasury policies, NSW public sector agencies do not need to adopt this presentation. The change in presentation is intended to improve understandability for the reader and is broadly consistent with other model financial statements
  • new disclosure requirements on the changes in liabilities arising from financing activities required by AASB 107 ‘Statement of Cash Flows’.

Key changes in TPP18-02, which supersedes TPP05-2:

  • includes updates to performance reporting and monitoring practices for developments in government policy
  • reflects applicable best practice corporate governance standards.

 

Return to contents
 


AASB Practice Statement 2 – Making Materiality Judgements

The Australian Accounting Standards Board (AASB) released AASB Practice Statement 2 ‘Making Materiality Judgements’ (the Statement) in December 2017. The Statement provides guidance to reporting entities on making materiality judgements when preparing GPFS in accordance with AAS.

The Statement is applicable to all reporting entities preparing GPFS across the private and public sectors. Although not mandatory guidance, entities may find it useful when making materiality judgements regarding recognition, measurement, presentation and disclosure decisions.

The Statement provides:

  • an overview of the general characteristics of materiality
  • a four-step process an entity may follow in making materiality judgements when preparing its financial statements (materiality process)
  • guidance on how to make materiality judgements in specific circumstances, such as materiality judgements on prior period information, errors and covenants.

 

Return to contents
 


ASIC announces focus areas for 31 December 2017 financial reports

The Australian Securities and Investments Commission (ASIC) released 17-423MR ‘ASIC calls on preparers to focus on financial report quality and new requirements’ on 8 December 2017 announcing its focus areas for the year-ended 31 December 2017 financial reports of listed entities and other public interest entities.

ASIC has called on preparers to focus on providing useful and meaningful information to financial report users whilst also addressing the impact of new accounting requirements, especially the new standards for revenue recognition and financial instruments which apply to for-profit entities from 1 January 2018.

The key focus areas are:

  • impairment testing and asset values
  • revenue recognition
  • expense deferral
  • off- balance sheet arrangements
  • tax accounting
  • disclosures on estimates and accounting policy judgements
  • disclosures on the impact of new revenue, financial instruments, leases and insurance standards.

 

Return to contents

 

Audit Office of New South Wales

Margaret Crawford, Auditor-General for New South Wales  presentations, attendances and interviews

 

Organisation Event Involvement Date
The Secretaries Board of NSW Presentation to the Secretaries Board of NSW Presentation 21 March 2018
Audit Office of NSW (AONSW) International Meeting of Performance Audit Critical Thinkers (IMPACT) 2018 Presentation and attendance 19–20 March 2018
Public Service Commission (PSC) Advisory Board Presentation to the PSC Advisory Board Presentation 15 March 2018
Various NSW public sector agencies Meeting with five Audit and Risk Committee Chairs Attendance 14 March 2018
MinterEllison Women in Government Dinner Presentation
(keynote speaker)
13 March 2018
UN Women National Committee Australia International Women's Day breakfast Attendance 9 March 2018
Transport for NSW (TfNSW) Site visit with the Secretary, TfNSW – Newcastle transport reforms Attendance 9 March 2018
Institute of Public Administration Australia (IPAA) International Women's Day event Attendance 7 March 2018
Public Service Commission (PSC) International Women's Day luncheon with the Premier of NSW Attendance 7 March 2018
Institute of Public Administration Australia (IPAA) IPAA NSW Council Meeting Attendance 19 February 2018
Public Service Commission (PSC) Interview for International Women’s Day Interview 15 February 2018
Parliament of NSW – Legislative Assembly Public Accounts Committee (PAC) briefing on Auditor-General’s reports to Parliament tabled since 23 November 2017 Presentation 15 February 2018
Parliament of NSW – Legislative Assembly Public Accounts Committee (PAC) hearing Attendance 12 February 2018
The Mandarin Interview for article in The Mandarin Interview 9 February 2018
Audit Office of NSW (AONSW) End of Internship Presentation Presentation 8 February 2018
CareerTrackers CareerTrackers Gala Dinner Presentation 1 February 2018
Local Government NSW (LGNSW) LGNSW Annual Conference 2017 Attendance 5-6 December 2017

 


 


 


 

Return to contents

 

Auditor-General’s reports to Parliament

Report Type of report Report date
Detecting and responding to cyber security incidents Performance Audit 2 March 2018
Council reporting on service delivery Performance Audit 1 February 2018
Report on Internal Controls and Governance 2017 Financial Audit 20 December 2017
Report on Planning and Environment 2017 Financial Audit 19 December 2017
Report on Transport 2017 Financial Audit 15 December 2017
Report on Education 2017 Financial Audit 14 December 2017
Managing demand for ambulance services Performance Audit 13 December 2017
Report on Industry 2017 Financial Audit 12 December 2017
Report on Family and Community Services 2017 Financial Audit 8 December 2017
Report on Health 2017 Financial Audit 5 December 2017
Report of Justice 2017 Financial Audit 28 November 2017
Report on agency compliance with NSW Government travel policies Special Report 23 November 2017

 


 


 

Return to contents 

 

Accounting update

Australian update – Australian Accounting Standards Board (AASB)

Topics discussed included:

AASB meeting highlights – 14 February 2018

  • Revised Conceptual Framework – Reporting Entity/Special Purpose Reporting
  • Australian Financial Reporting Framework
  • Amendments to Standards
  • Social Benefits
  • Standard-Setting Frameworks.

AASB meeting highlights – 12 December 2017

  • Revenue from Licences in the Public sector
  • Fair Value Measurement in the Public Sector
  • Amendments to AASB 9, AASB 10, AASB 128 and AASB 104.

Latest news, accounting standards and work-in-progress documents from the AASB included:

Name Type of document Publication date
AASB submission: ACNC Legislative Review AASB submission 7 March 2018
AASB 2018-1 Amendments to Australian Accounting Standards – Annual Improvements 2015–2017 Cycle Accounting standards 23 February 2018
ED 283 Amendments to Australian Accounting Standards – Australian Implementation Guidance for Not-for-Profit Public Sector Licensors – December 2017 – comments due by 31 March 2018 Exposure draft 21 December 2017
ED 284 Recent Standards – Reduced Disclosure Requirements – December 2017 – comments due by 31 March 2018 Exposure draft 21 December 2017
AASB 2017-5 Amendments to Australian Accounting Standards – Effective Date of Amendments to AASB 10 and AASB 128 and Editorial Corrections Accounting standards 21 December 2017
AASB 2017-6 Amendments to Australian Accounting Standards – Prepayment Features with Negative Compensation Accounting standards 21 December 2017
AASB 2017-7 Amendments to Australian Accounting Standards – Long-term Interests in Associates and Joint Ventures Accounting standards 21 December 2017
AASB 1048 Interpretation of Standards Accounting Standards 21 December 2017
Australian-specific Insurance Issues – Regulatory Disclosures and Public Sector Entities – comments were due by 15 February 2018 Discussion paper 30 November 2017

 


 


 

Return to contents

 


International update – International Accounting Standards Board (IASB)

Topics discussed included:

IASB meeting highlights – 21-22 March 2018

  • Disclosure Initiative
  • Dynamic Risk Management
  • Rate-regulated Activities
  • Accounting Policies and Accounting Estimates
  • IFRS 8 Amendments
  • Post-implementation review of IFRS 13 Fair Value Measurement.

IASB meeting highlights – 20-22 February 2018

  • Primary Financial Statements
  • Business Combinations under common control
  • Insurance Contracts.

IASB meeting highlights – 24-25 January 2018 

  • Financial Instruments with Characteristics of Equity
  • Conceptual Framework
  • IFRS Implementation Issues
  • Goodwill and Impairment.

IASB meeting highlights – 13-14 December 2017

  • Disclosure Initiative – Principles of Disclosure.

Latest news from the IASB included:

Name Publication date
Plan Amendment, Curtailment or Settlement (Amendments to IAS 19) which makes narrow-scope amendments to pension accounting under IAS 19 Employee Benefits. The amendments are effective on or after 1 January 2019 7 February 2018
IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers are now effective for reporting periods starting on or after 1 January 2018 8 January 2018

Annual Improvements to IFRS Standards 2015–2017 Cycle which makes narrow-scope amendments to:

  • IFRS 3 Business Combinations
  • IFRS 11 Joint Arrangements,
  • IAS 12 Income Taxes, and
  • IAS 23 Borrowing Costs.

The amendments are effective from 1 January 2019, with early application permitted.

12 December 2017

 


 

Return to contents
 


International update – International Financial Reporting Standards (IFRS) Foundation

Latest news from the IFRS Foundation included:

Name Publication date
December 2017 IFRS for SMEs Update published 19 December 2017

 


 

Return to contents
 


International update – International Public Sector Accounting Standards Board (IPSASB)

Topics discussed included:

IPSASB meeting highlights – 6-9 March 2018

  • International Accounting Education Standards Board
  • Public Sector Measurement
  • Update to ISPASS 28-30, Financial Instruments
  • Improvements
  • Public Sector Specific Financial Instruments
  • Revenue
  • Strategy Session – Social Benefits
  • Non-Exchange Expenses.

IPSASB meeting highlights – 5-8 December 2017

  • Leases
  • Heritage
  • Strategy and Work Plan Consultation
  • Infrastructure.

Recent news from the IPSASB included:

Name Publication date
IPSASB Consults on 2019-2023 Strategy and Work Plan 5 February 2018
IPSASB Proposes New Lease Accounting Model for the Public Sector 31 January 2018

 


 

IPSASB has recently issued:

Name Publication date
2017 Handbook of International Public Sector Accounting Pronouncements 22 February 2018
IPSASB Proposed Strategy and Work Plan 2019-2023 2 February 2018
Exposure Draft 64, Leases 31 January 2018

 


 

Return to contents

Auditing update

Australian update – Auditing and Assurance Standards Board (AUASB)

Topics discussed included:

AUASB meeting highlights – 7 March 2018

  • Audit Quality Plan Update
  • Australian Financial Reporting Framework Project
  • AUASB Technical Work Program Update
  • International Matters
  • Revision of ASA 102: Compliance with Ethical Requirements when Performing Audits, Reviews and Other Assurance Engagements.

AUASB meeting highlights– 28 November 2017

  • Audit Quality Matters
  • AUASB-UNSW Roundtable and AUASB Agenda Consultation Forums
  • Auditor Reporting.

Latest news from the AUASB included:

Name Publication date
2017 Agenda Consultation Overview 16 January 2018
Submission to NZAuASB on The Audit of Service Performance Information Exposure Draft 20 December 2017

 


 

Return to contents

 


International update – International Auditing and Assurance Standards Board (IAASB)

Topics discussed included:

IAASB meeting highlights – 30 January 2018

  • ISA 540 (Revised).

IAASB meeting highlights – 11-15 December 2017

  • Accounting Estimates
  • Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment
  • Quality Control at Engagement Level
  • Quality Control at the Firm Level
  • Group Audits
  • Emerging External Reporting (EER)
  • Professional Skepticism
  • Data Analytics.

 
Return to contents

Ethics update

Australian Update – Accounting Professional and Ethical Standards Board (APESB)

Topics discussed included:

APESB meeting highlights – 27 November 2017

  • Project plan for APES GN 30 Outsourced Services
  • Project progress: APES 230 Financial Planning Services
  • Proposed revision of APES 325 Risk Management for Firms
  • Annual reviews of APESB pronouncements
  • International and other activities
  • Project update: Long Association Q&A publication
  • Project status update: APES 310 Dealing with Client Monies.

Latest news from the APESB included:

Name Publication date
New auditor rotation rules to enhance independence (effective for audits of Financial Statements for periods beginning on or after 1 January 2019) 19 December 2017
Proposed revisions to APES 225 Valuation Services 4 December 2017
APESB issues revised APES 325 Risk Management for Firms (effective 1 April 2018) 1 December 2017

 


 

Return to contents

 


International update – International Ethics Standards Board for Accountants (IESBA)

Topics discussed included:

IESBA meeting highlights – 12-14 March 2018

  • Non-assurance Services
  • Future Strategy and Work Plan
  • Inducements
  • Fees
  • Technology and Innovation
  • E-Code
  • Roll-out Initiatives Restructured Code
  • IFAC Compliance Advisory Panel’s Global Status Report on Adoption.

IESBA meeting highlights – 4-8 December 2017

  • Approval of Restructured Code
  • Rollout and Implementation of the Restructured Code
  • Professional Skepticism – Longer-Term Initiative
  • Future Strategy and Work Plan.

 
Return to contents 

 

NSW Treasury

NSW Treasury documents and resources

NSW Treasury has recently released:

Name Publication date
TPP18-01 Accounting Policy: Financial Reporting Code for NSW General Government Sector Entities* 13 March 2018
TC18-01 Mandates of options and major policy decisions under Australian Accounting Standards* 13 March 2018
TPP18-02 Commercial Policy Framework: Performance Reporting and Monitoring Policy for Government Businesses* 21 February 2018
NSW Government Response Independent review NSW Regulatory Policy Framework 19 February 2018
Independent Review of the NSW Regulatory Policy Framework final report 19 February 2018
TC17-12 Agency guidelines for the 2017-18 Mandatory Early Close* 20 December 2017
TRP17-01 Interstate Comparison of Taxes 2016-17 20 December 2017
Guidance for AASB 15 Revenue from Contracts with Customers* 15 December 2017
Guidance for AASB 1058 Income of Not-for-Profit Entities* 6 December 2017

 


 

* For more information, please refer to Hot topics

Return to contents

 

Department of Premier and Cabinet

Ministerial memoranda and Department circulars

DPC released the following circulars:

Name Publication date
C2017-05 – Unsolicited Proposals 22 December 2017
C2017-06 – Statute Law Revision Program 21 December 2017


 




Return to contents




NSW Procurement Board

Directions and procurement alerts

NSW Procurement Board directions included:

Name Publication date
PBD 2017-07 Conduct by suppliers 22 November 2017
PBD 2017-06-International Procurement Agreements 22 November 2017


NSW Procurement Board’s recent procurement alerts:

Name Publication date
New procurement thresholds for international procurement agreements 17 January 2018
New accessibility standard to be included in the ICT services scheme 18 December 2017
New NSW Procurement Board direction 4 December 2017

 


 

Return to contents 

Public Accounts Committee

Inquiries and reports

Inquiries and reports tabled in NSW Parliament included:

Name Type Publication date
Quadrennial Review of the Audit Office 2017 Report 6 February 2018
Examination of the Auditor-General’s Performance Audit Reports February 2016 – September 2016 Inquiry 23 November 2017

 


 


 

Return to contents

 

Public Accountability Committee

The Legislative Council Public Accountability Committee is a standing committee established on 15 March 2018 to inquire into and examine the public accountability, financial management, regulatory impact and service delivery of New South Wales government departments, statutory bodies or corporations.


Return to contents 


Office of Local Government (OLG)

Recent publications released:

Name Publication date
18-05 Commencement of the biodiversity offset scheme across most of NSW 23 February 2018
18-04 OLG Financial Reporting Roadshows 2018 20 February 2018
18-02 Supporting Joint Organisation success – Consultation on regulations and extension to the nomination deadline 16 February 2018
18-01 Establishment of a Council Engagement Team 9 February 2018
17-42 Changes to Crown reserve management under the Crown Land Management Act 2016 14 December 2017
17-41 2017-18 draft Code of Accounting Practice and Financial Reporting (Update No. 26) 14 December 2017
Supporting and strengthening local government 6 December 2017
17-38 Update on implementation of the Biodiversity Conservation Act 2016 24 November 2017
Joint Organisation legislation passes Parliament 24 November 2017

 


 

Return to contents


Australian Securities and Investments Commission (ASIC)

Recent reports included:

Name Publication date
REP 568 ASIC enforcement outcomes: July to December 2017 28 February 2018

 


 

Recent speeches included:

Name Publication date
Parliamentary Joint Committee on Corporations and Financial Services – Statement on audit quality by ASIC Commissioner John Price 16 February 2018

 


 

ASIC media releases included:

Name Publication date
18-074MR ASIC releases market integrity report 15 March 2018
18-066MR Working together for stronger financial capability 8 March 2018
17-437MR Findings from 30 June 2017 financial reports 15 December 2017
17-423MR ASIC calls on preparers to focus on financial report quality and new requirements 8 December 2017

 


 

Return to contents


Australian Charities and Not-for-profits Commission (ACNC)

Recent media releases from the ACNC included:

Name Publication date
Charity concerns increasing: national regulator  6 March 2018
Australians trust charities: new ACNC report 22 November 2017

 


 

Return to contents

Australasian Council of Auditors-General (ACAG) submissions to AASB

ACAG recently made submissions on:

Name Submission date
Discussion Paper – Australian-specific Insurance Issues – Regulatory Disclosures and Public Sector Entities 28 February 2018

 


 

Return to contents

Publications by Australian and New Zealand Audit Offices

Australian National Audit Office (ANAO)

Publication date

Funding Models for Threatened Species Management 19 March 2018
Managing Mental Health in the Australian Federal Police 7 March 2018
Design and Governance of the National Water Infrastructure Development Fund 28 February 2018
Unscheduled Taxation System Outages 20 February 2018
Defence’s Procurement of Fuels, Petroleum, Oils, Lubricants, and Card Services 19 February 2018
Reconciliation Action Plan February 2018 – July 2019 15 February 2018
Management of the Australian Government’s Register of Lobbyists 14 February 2018
2016-17 Major Projects Report 23 January 2018
Australian Electoral Commission’s Procurement of Services for the Conduct of the 2016 Federal Election 22 January 2018
Audits of the Financial Statements of Australian Government Entities for the Period Ended 30 June 2017 20 December 2017
Delivery of the Moorebank Intermodal Terminal 19 December 2017
Administration of Medicare Electronic Claiming Arrangements 19 December 2017
The Australian Taxation Office’s Use of Settlements 13 December 2017
Insights from performance audit reports tabled July to September 2017 13 December 2017
The challenges of achieving quality in a standards-based approach to auditing in the public sector 13 December 2017
Low Emissions Technologies for Fossil Fuels 12 December 2017
Australian Government Procurement Contract Reporting 6 December 2017
Monitoring the Impact of Australian Government School Funding 6 December 2017
Submission to the review of the Public Governance, Performance and Accountability Act 2013 30 November 2017
New South Wales’ Protection and use of Environmental Water in the Murray-Darling Basin 28 November 2017
Administration of the National Broadband Network Satellite Support Scheme 28 November 2017

 


 

Australian Capital Territory Audit Office (ACT AO)

Publication date

2016-17 Financial Audits - Computer Information Systems 28 February 2018
Tender for the sale of block 30 (formerly block 20) Section 34 Dickson 21 February 2018
ACT Government strategic and accountability indicators 1 February 2018
Acceptance of Stormwater Assets 31 January 2018
2016-17 Financial Audits - Financial Results and Audit Findings 6 December 2017
2016-17 Financial Audits - Overview 24 November 2017

 


 

Northern Territory Auditor-General’s Office (NT AGO)

Publication date

March 2018 Report to the Legislative Assembly 15 March 2018
November 2017 Report to the Legislative Assembly 23 November 2017

 


 

Queensland Audit Office (QAO)

Publication date

Investing for Success (Report 12: 2017-18) 20 March 2018
Queensland state government: 2016–17 results of financial audits (Report 11: 2017–18) 22 February 2018
Finalising unpaid fines (Report 10: 2017–18) 22 February 2018
Energy: 2016–17 results of financial audits (Report 9: 2017–18) 20 February 2018
Confidentiality and disclosure of government contracts (Report 8: 2017–18) 20 February 2018
Health: 2016–17 results of financial audits (Report 7: 2017–18) 15 February 2018
Fraud risk management (Report 6: 2017–18) 15 February 2018
Water: 2016–17 results of financial audits (Report 5: 2017–18) 14 December 2017
Integrated transport planning (Report 4: 2017–18) 12 December 2017
Rail and ports: 2016–17 results of financial audits (Report 3: 2017–18) 7 December 2017

 


 

South Australian Auditor-General’s Department (SA AGD)

Publication date

Report on the Adelaide Oval redevelopment pursuant to section 9 of the Adelaide Oval

Redevelopment and Management Act 2011 for the designated period 1 July 2017 to 31 December 2017: February 2018
1 March 2018
Supplementary Report for the year ended 30 June 2017: Adelaide Riverbank (Festival Plaza) Development: November 2017 28 November 2017
Supplementary Report for the year ended 30 June 2017: Disaster recovery planning: November 2017 28 November 2017
Supplementary Report for the year ended 30 June 2017: State finances and related matters: November 2017 28 November 2017
Supplementary Report for the year ended 30 June 2017: Grant to One Community SA: November 2017 28 November 2017

 


 

Tasmanian Audit Office (TAS AO)

Publication date

Report No 7 2017-18 – Volume 1 – Treasurer’s Annual Financial Report and results of General Government Sector Entities 2016-17 30 November 2017
Report No 6 2017-18 – Volume 3 – Local Government Authorities 2016-17 28 November 2017
Report No 5 2017-18 – Volume 2 – Government Businesses and Tasmanian Water and Sewerage Corporation Pty Ltd 2016-17 23 November 2017

 


 

Victorian Auditor-General’s Office (VAGO)

Publication date

Improving Victoria's Air Quality 8 March 2018
Managing Surplus Government Land 8 March 2018
Local Government and Economic Development 8 March 2018
Managing the Level Crossing Removal Program 14 December 2017
Results of 2016-17 Audits: Local Government 29 November 2017
Results of 2016-17 Audits: Public Hospitals 29 November 2017
ICT Disaster Recovery Planning 29 November 2017

 


 

Western Australia Office of the Auditor-General (WA OAG)

Publication date

Agency Gift Registers 15 March 2018
Opinions on Ministerial Notifications 22 February 2018
Opinion on Ministerial Notification 21 December 2017
Opinions on Ministerial Notifications 14 December 2017
Local Content in Government Procurementr 2017 5 December 2017
WA State Tourism Strategy 2020 30 November 2017
Planning and Management of Bus Services 29 November 2017

 


 

New Zealand Office of the Auditor-General (NZ OAG)

Publication date

Infrastructure as a Service: Are the benefits being achieved? 27 February 2018
Ministry of Justice: Modernising court services 19 December 2017
Using information to improve social housing services 19 December 2017
Response of the New Zealand Police to the Commission of Inquiry into Police Conduct: Final monitoring report 19 December 2017
Results of the 2016 school audits December 2017
Central government: Results of the 2016/17 audits 13 December 2017
Getting the right information to effectively manage public assets: Lessons from local authorities 5 December 2017
Auckland Council: Working to provide customer-centred services online 30 November 2017
Ministry of Health: Supporting the implementation of patient portals 29 November 2017
Results of the 2016 audits of tertiary education institutions 28 November 2017

 


 

Return to contents

 

Other useful resources

Independent Commission Against Corruption (ICAC)

Recent media releases included:

Report Publication date
ICAC public inquiry into allegations concerning Awabakal Local Aboriginal Land Council 7 March 2018
ICAC recommends NSW public sector tighten screening practices to combat employment application fraud and corruption 26 February 2018

 


 

Return to contents

 


Independent Pricing & Regulatory Tribunal (IPART)

IPART has released the following information/fact sheets:

Report Industry Type of document Publication date
Compliance and Enforcement Policy – December 2017 Energy Policy 13 February 2018
IPART Compliance and Enforcement Policy – December 2017 Special Reviews Policy 19 December 2017
Applications to Increase Minimum Rates – November 2017 Local Government Fact sheet 28 November 2017
Rate peg for NSW councils for 2018-19 – November 2017 Local Government Fact sheet 28 November 2017
Licence compliance under the Water Industry Competition Act 2006 (NSW) – October 2017 Water Compliance report 24 November 2017
OLG Guidelines – Application for a special variation to general income for 2018/2019 Local Government Guidelines / procedures 10 November 2017

 


 


 


 

Return to contents

 


NSW Ombudsman

Recent media releases included:

Report Publication date
Correcting the record: Investigation into water compliance and enforcement 2007-17 8 March 2018
Ombudsman tables Operation Prospect: A second report on developments 1 December 2017

 


 

Return to contents

 


 

Copyright © 2018 The Audit Office of New South Wales

Copyright

This publication is protected by Copyright Law. You may download, display, print and copy any material on this site for your personal use or for non-commercial use within your organisation. You must not copy, adapt, publish, or distribute any material contained in this publication without acknowledging the source. You must not use any material in this publication for commercial purposes without the written authorisation of the Audit Office of New South Wales. For requests for authorisation please contact us.

Disclaimer

This publication is of a general nature only and is not intended to be a substitute for, or relied upon, as specific professional advice. No responsibility for loss occasioned to any person acting on or refraining from action as a result of any material in the publication can be accepted. Although the Audit Office of New South Wales will take all reasonable steps to ensure material in this publication is complete and accurate, no guarantees are given.

Contact us

Audit Office of New South Wales
Level 15, 1 Margaret Street
Sydney NSW 200)
t +61 2 9275 7100
f +61 2 9275 7200
e mail@audit.nsw.gov.au