A WA parliamentary question on notice regarding bad debts written off by the Small Business Development Corporation and the Minister's office since December 1, 2003. The answer indicates no bad debts were written off by the SBDC or the Minister's office and refers to the Financial Administration and Audit Act.

AnsweredQoN 1459Legislative Council
Asked
4 May 2005
Portfolio
Small Business

QuestionView source ↗

For each Department and Agency under the Minister’s control, including the Ministerial office, will the Minister provide the following information -
(1) What was the amount of bad debts written off for each Department and Agency since December 1 2003?
(2) Were any of these debts above $10 000?
(3) If so, what is the name of the person or company who owed the debt?

AnswerView source ↗

Answered
30 August 2005
Responded by
Minister for Fisheries representing the Minister for Small Business
Response time
118 days
(1) The Small Business Development Corporation has not written off any bad debts since 1 December 2003. (2) Not applicable. (3) Not applicable. The Ministerial office has not written off any bad debts. The Member should be aware that the write-off process is covered by the Financial Administration and Audit Act (FAAA). The FAAA has been in place since 1986 and similar provisions were in place in the Audit Act 1904. As a standard practice the agency would be expected to have taken all reasonable steps to recover and amend processes to avoid any recurrence prior to seeking approval to write-off. Compliance with the Financial Administration and Audit Act is audited annually by the Office of the Auditor General and any non compliance is reported to Parliament.
(2) Not applicable. (3) Not applicable. The Ministerial office has not written off any bad debts. The Member should be aware that the write-off process is covered by the Financial Administration and Audit Act (FAAA). The FAAA has been in place since 1986 and similar provisions were in place in the Audit Act 1904. As a standard practice the agency would be expected to have taken all reasonable steps to recover and amend processes to avoid any recurrence prior to seeking approval to write-off. Compliance with the Financial Administration and Audit Act is audited annually by the Office of the Auditor General and any non compliance is reported to Parliament.
(3) Not applicable. The Ministerial office has not written off any bad debts. The Member should be aware that the write-off process is covered by the Financial Administration and Audit Act (FAAA). The FAAA has been in place since 1986 and similar provisions were in place in the Audit Act 1904. As a standard practice the agency would be expected to have taken all reasonable steps to recover and amend processes to avoid any recurrence prior to seeking approval to write-off. Compliance with the Financial Administration and Audit Act is audited annually by the Office of the Auditor General and any non compliance is reported to Parliament.
The Ministerial office has not written off any bad debts. The Member should be aware that the write-off process is covered by the Financial Administration and Audit Act (FAAA). The FAAA has been in place since 1986 and similar provisions were in place in the Audit Act 1904. As a standard practice the agency would be expected to have taken all reasonable steps to recover and amend processes to avoid any recurrence prior to seeking approval to write-off. Compliance with the Financial Administration and Audit Act is audited annually by the Office of the Auditor General and any non compliance is reported to Parliament.
The Member should be aware that the write-off process is covered by the Financial Administration and Audit Act (FAAA). The FAAA has been in place since 1986 and similar provisions were in place in the Audit Act 1904. As a standard practice the agency would be expected to have taken all reasonable steps to recover and amend processes to avoid any recurrence prior to seeking approval to write-off. Compliance with the Financial Administration and Audit Act is audited annually by the Office of the Auditor General and any non compliance is reported to Parliament.
As a standard practice the agency would be expected to have taken all reasonable steps to recover and amend processes to avoid any recurrence prior to seeking approval to write-off. Compliance with the Financial Administration and Audit Act is audited annually by the Office of the Auditor General and any non compliance is reported to Parliament.
Compliance with the Financial Administration and Audit Act is audited annually by the Office of the Auditor General and any non compliance is reported to Parliament.

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