❓ Hon Ljiljanna Ravlich questions the Minister for Education regarding the late submission of financial statements by the Trustees of the Public Education Endowment Trust, as highlighted in the Auditor General's report. The Minister attributes the delay to a staffing issue and outlines steps taken to rectify the situation.
AnsweredQoN 3280Legislative Council
QuestionView source ↗
I refer to the WA Auditor General Audit Results Report Annual 2009-10 Assurance Audits Report 10 Nov 2010, in Section five, ‘Quality and Timeliness of Financial Reporting’, on page 31 where it refers to concern that many agencies with non-complex financial reporting obligations had not prepared their financial statements in a timely manner. An Agency under the Minister’s portfolios listed as being received later than the date agreed with Audit in appendix one: Summary of Audit Opinions is the Trustees of the Public Education Endowment Trust, and I ask -
(1) What is the reason for the financial statements not being prepared in a timely manner?
(2) What action is being taken to rectify current practices in order that satisfactory processes are put in place to ensure financial statements are received by the date agreed?
(1) What is the reason for the financial statements not being prepared in a timely manner?
(2) What action is being taken to rectify current practices in order that satisfactory processes are put in place to ensure financial statements are received by the date agreed?
AnswerView source ↗
Answered
21 March 2011
Responded by
Minister for Energy representing the Minister for Education
Response time
34 days
(1) This was due to a staffing issue. The Public Education Endowment Trust only employs one officer at 0.6 FTE. This officer, responsible for preparing the financial statements, resigned unexpectedly which caused an unforeseen delay in the process.
(2) Resources have been assigned to ensure the financial statements are received by the date agreed.
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
(2) Resources have been assigned to ensure the financial statements are received by the date agreed.
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.