The Department of Premier & Cabinet has released a Guidance Paper to assist Local Councils and their staff to prepare for a potential merger. The document provides guidance only. While recognising no decision has been made on any merger proposal, the paper suggests that Councils may individually begin preparing for a potential merger or, ideally, together with other Councils […]
NSW Treasury has issued TPP 15-04 'Financial Reporting Code for NSW General Government Sector Entities'. The Code sets out the financial reporting framework for NSW General Government Sector (GGS) entities and outlines the form and content of financial statements, including their accompanying notes and disclosures. The Code applies to all NSW GGS entities from the 30 June […]
Centium now holds accreditation as a registered Tax Agent with the Tax Practitioners Board. This enables us to provide clients with a full suite of tax related services, including comprehensive tax compliance assurance reviews and more limited health checks covering Income Tax, Fringe Benefits Tax, GST, Pay as You Go obligations, Payroll Tax and Superannuation Guarantee. […]
The Treasury (NSW) has issued TPP15-04 that sets out the financial reporting framework for NSW General Government Sector entities. It outlines the form and content of financial statements, including the accompanying note disclosures. It applies to all NSW General Government Sector entities from the financial year ending on or after 30 June 2016 and incorporates the requirements of Australian Accounting Standards […]
The need to manage Intellectual Property (IP) effectively has been recognised as an issue by both the public and private sectors. The Intellectual Property Management Framework for the NSW Public Sector has been developed to assist agencies for this purpose. Like all governments, the NSW Government generates and manages a considerable amount of IP whether in […]
It is good governance to clarify and document the Delegations of Authority that apply within your organisation. A documented delegation helps employees to understand their authority to make decisions, including commitments to expenditure, on behalf of your entity. The Governance Institute has developed a new Good Governance Guide on things to consider when developing a Delegations of Authority. It covers important […]
'Tis the season .... to be vigilant. There have been a number of high profile IT and information security breaches over the past few months involving Aussie businesses and websites. The four most significant of which have been: Kmart: Kmart revealed it had discovered customer data had been stolen by external attackers on the 1st October […]
The Acting NSW Auditor-General, Tony Whitfield, has released his Volume Nine 2015 Report re the Department of Planning and Environment. A summary of the key points are as follows: Financial management: Some agencies in the Planning and Environment cluster undertake limited analysis of financial performance and sustainability. In addition, most cluster agencies recorded material variances between actual and […]
The Australian Public Service Commission has updated the Implementation Guide to the Commonwealth Aboriginal and Torres Strait Islander Employment Strategy which aims to build the representation of Indigenous employees in the Commonwealth public sector. The Strategy supports the Government's target of three per cent Indigenous representation by 2018 and focuses on four key action areas: Expand the range of Indigenous employment […]
