The Treasury has released TPP16-04: Financial Distribution Policy for Government Businesses. The policy outlines the Government's expectations for the payment of dividends by Government Businesses. The policy also covers capital repayments, which represent a return of the Government's equity investment. TPP16-04 supersedes the previously issued TPP14-4 and TC14-9. This revised policy applies to Government businesses […]
The NSW Auditor-General has released her report which found that some NSW Government agencies were not publicly releasing all the required information on contracts with the private sector, nor were they publishing it in a timely manner in line with the Government Information (Public Access) Act 2009 (GIPA Act). The audit found: some contracts valued at $150,000 […]
Do you have adequate controls in place over your payroll activities? Do you know who is paid every pay period? Does your outsourced service provider have adequate controls in place over your payroll and employee data? Do you and/or your service provider maintain adequate records to support payroll processing? A recent, independent review of a […]
