❓ Hon Ray Halligan asks about internal audit services for various energy corporations in WA from 2002-2008, including costs, providers, and contracts. The response details specific providers and costs for each entity.
AnsweredQoN 6283Legislative Council
QuestionView source ↗
(a) 30 June 2002;
(b) 30 June 2003;
(c) 30 June 2004;
(d) 30 June 2005;
(e) 30 June 2006; and
(f) 30 June 2007?
(2) What is the name of the outside body that carried out these services?
(3) What was the cost of each of these services?
(4) What contracts for internal audit services are in place for the 2007 - 2008 financial year?
(5) What is the value of each of these contracts?
(b) 30 June 2003;
(c) 30 June 2004;
(d) 30 June 2005;
(e) 30 June 2006; and
(f) 30 June 2007?
(2) What is the name of the outside body that carried out these services?
(3) What was the cost of each of these services?
(4) What contracts for internal audit services are in place for the 2007 - 2008 financial year?
(5) What is the value of each of these contracts?
AnswerView source ↗
Answered
26 June 2008
Responded by
Leader of the House representing the Minister for Energy
Response time
51 days
Horizon Power
(1a-d) Not applicable
(e) (April 2006 to June 2006) Yes
(f) Yes
(2) Deloitte, KPMG, Pricewaterhouse Coopers, Ernst & Young and Stantons International.
(3) Total Value of Services to Horizon Power by Provider for the period April 2006 to June 2007:
Outside Body
April 2006 - June 30 2007
Deloitte
$21,703
KPMG
$27,309
Pricewaterhouse Coopers
-
Ernst & Young
$12,650
Stantons International
11,400
(4) Preferred Vendorship arrangements have been implemented by Horizon Power with five Internal Audit service providers, being Deloitte, KPMG, PricewaterhouseCoopers, Ernst & Young and Stantons International.
(5) There is no contract value stipulated under the arrangements referred to in (4) above. Internal Audit services are sourced from the service providers referred to in (4) above on an as-needs basis, to supplement staff Internal Audit resources.
Independent Market Operator
(1a-e) Not applicable.
(f) Yes.
(2) Sinclair Knights Merz (SKM) and CRA (Charles River and Associates) International.
(3)
Outside Body
Cost of Audit or review
Sinclair Knights Merz (SKM)
$38,891
CRA (Charles River and Associates International)
$114,723
(4) Outside Body
(5) Estimated cost of service
Frontier Economics
$66,000 (actual cost)
PA Consulting
$253,055 (actual cost)
PA Consulting
$50,000 (estimated cost)
PKF Australia
$31,323 (estimated cost)
CRA (Charles River and Associates International)
$11,759 (estimated cost)
Office of Energy
(1) 30 June
(2) Outside Body
(3) Cost of Service
(a) 2002
Stamfords
$33,719 (GST inclusive)
(b) 2003
Stamfords
$7,598 (GST inclusive)
(c) 2004
Stamfords
13,729 (GST inclusive)
(d) 2005
Stanton Partners
$11,935 (GST inclusive)
(e) 2006
Stantons International
$4,389 (GST inclusive)
(f) 2007
Stantons International
$21,635 (GST inclusive)
(4) Internal Audit Services are contracted to Stantons International.
(5) Estimated to be $19 000 (GST inclusive).
Synergy
(1a-d) Not applicable
(1e) Yes
(1f) Yes
(2) Ernst & Young
(3) Synergy utilises internal audit services provided commercially by a third party. Revealing contract details may limit Synergy's future negotiating position with the supplier and competitors to the supplier; as such, it considers the information confidential and will not disclose it.
(4) Contracts are in place for audits for the types of activities a well managed organisation would be expected to conduct audits on.
(5) Synergy utilises internal audit services provided commercially by a third party. Revealing contract details may limit Synergy's future negotiating position with the supplier and competitors to the supplier; as such, it considers the information confidential and will not disclose it.
Western Power
(1-3)
Western Power Corporation (July 2001 - March 2006)
Outside Body
2001/02
2002/03
2003/04
2004/05
2005/06
Arthur Anderson
$130,609.00
-
-
-
-
Carter T&J & Associates
$17,000.00
-
$3,200.00
-
-
Deloitte
-
$36,864.00
$39,524.00
$90,030.89
$87,312.24
Ernst & Young
-
$92,561.90
$93,454.90
$33,857.70
121,759.01
KPMG
$99,416.00
$126,934.00
$35,889.00
$122,824.00
$47,121.00
Pricewaterhouse Coopers
$110,450.00
$122,515.50
$118,370.00
$153,610.62
$451,229.48
Sinclair Knight Merz Pty Ltd
-
-
-
$22,536.00
$80,493.90
Stanton Partners
-
-
$15,400.00
$62,532.16
$990.00
*Western Power (April 2006 - June 2007)
Outside Body
2006
2006/07
Deloitte
$19,075.00
$25,155.00
Ernst & young
$52,391.00
$75,014.00
KPMG
-
$203,235.00
RSM Bird Cameron
$18,060.00
-
Sinclair Knight Merz Pty Ltd
-
$75,561.00
Stanton Partners
$11,274.00
$35,520.00
(4-5) Western Power currently has in place standing internal audit contracts with the following outside bodies:
1. Deloitte
2. Ernst & Young
3. KPMG
4. RSM Bird Cameron
5. Sinclair Knight Merz Pty Ltd
6. Stanton Partners
The value of internal audit engagements completed, and/or committed to be completed under these
standing contracts
in the 2007/08 financial year is presented below.
*Western Power
Outside Body
2007/08
Ernst & Young
$104,614.00
KPMG
$129,424.00
Sinclair Knight Merz Pty Ltd
$59,965.00
The value of
other
internal audit engagements completed by outside bodies in the 2007/08 financial year is presented below:
*
Western Power
Outside Body
2007/08
Institute of Internal Auditors
$11,404.00
Arboriculture Consultant
$13,294.00
Note: *Electricity Networks Corporation trading as Western Power.
Verve Energy
(1a-e) Not Applicable.
(1f) Yes.
(2) Pricewaterhouse Coopers.
(3) $259,000.
(4) Pricewaterhouse Coopers.
(5) $266,000 (estimated).
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
(1a-d) Not applicable
(e) (April 2006 to June 2006) Yes
(f) Yes
(2) Deloitte, KPMG, Pricewaterhouse Coopers, Ernst & Young and Stantons International.
(3) Total Value of Services to Horizon Power by Provider for the period April 2006 to June 2007:
Outside Body
April 2006 - June 30 2007
Deloitte
$21,703
KPMG
$27,309
Pricewaterhouse Coopers
-
Ernst & Young
$12,650
Stantons International
11,400
(4) Preferred Vendorship arrangements have been implemented by Horizon Power with five Internal Audit service providers, being Deloitte, KPMG, PricewaterhouseCoopers, Ernst & Young and Stantons International.
(5) There is no contract value stipulated under the arrangements referred to in (4) above. Internal Audit services are sourced from the service providers referred to in (4) above on an as-needs basis, to supplement staff Internal Audit resources.
Independent Market Operator
(1a-e) Not applicable.
(f) Yes.
(2) Sinclair Knights Merz (SKM) and CRA (Charles River and Associates) International.
(3)
Outside Body
Cost of Audit or review
Sinclair Knights Merz (SKM)
$38,891
CRA (Charles River and Associates International)
$114,723
(4) Outside Body
(5) Estimated cost of service
Frontier Economics
$66,000 (actual cost)
PA Consulting
$253,055 (actual cost)
PA Consulting
$50,000 (estimated cost)
PKF Australia
$31,323 (estimated cost)
CRA (Charles River and Associates International)
$11,759 (estimated cost)
Office of Energy
(1) 30 June
(2) Outside Body
(3) Cost of Service
(a) 2002
Stamfords
$33,719 (GST inclusive)
(b) 2003
Stamfords
$7,598 (GST inclusive)
(c) 2004
Stamfords
13,729 (GST inclusive)
(d) 2005
Stanton Partners
$11,935 (GST inclusive)
(e) 2006
Stantons International
$4,389 (GST inclusive)
(f) 2007
Stantons International
$21,635 (GST inclusive)
(4) Internal Audit Services are contracted to Stantons International.
(5) Estimated to be $19 000 (GST inclusive).
Synergy
(1a-d) Not applicable
(1e) Yes
(1f) Yes
(2) Ernst & Young
(3) Synergy utilises internal audit services provided commercially by a third party. Revealing contract details may limit Synergy's future negotiating position with the supplier and competitors to the supplier; as such, it considers the information confidential and will not disclose it.
(4) Contracts are in place for audits for the types of activities a well managed organisation would be expected to conduct audits on.
(5) Synergy utilises internal audit services provided commercially by a third party. Revealing contract details may limit Synergy's future negotiating position with the supplier and competitors to the supplier; as such, it considers the information confidential and will not disclose it.
Western Power
(1-3)
Western Power Corporation (July 2001 - March 2006)
Outside Body
2001/02
2002/03
2003/04
2004/05
2005/06
Arthur Anderson
$130,609.00
-
-
-
-
Carter T&J & Associates
$17,000.00
-
$3,200.00
-
-
Deloitte
-
$36,864.00
$39,524.00
$90,030.89
$87,312.24
Ernst & Young
-
$92,561.90
$93,454.90
$33,857.70
121,759.01
KPMG
$99,416.00
$126,934.00
$35,889.00
$122,824.00
$47,121.00
Pricewaterhouse Coopers
$110,450.00
$122,515.50
$118,370.00
$153,610.62
$451,229.48
Sinclair Knight Merz Pty Ltd
-
-
-
$22,536.00
$80,493.90
Stanton Partners
-
-
$15,400.00
$62,532.16
$990.00
*Western Power (April 2006 - June 2007)
Outside Body
2006
2006/07
Deloitte
$19,075.00
$25,155.00
Ernst & young
$52,391.00
$75,014.00
KPMG
-
$203,235.00
RSM Bird Cameron
$18,060.00
-
Sinclair Knight Merz Pty Ltd
-
$75,561.00
Stanton Partners
$11,274.00
$35,520.00
(4-5) Western Power currently has in place standing internal audit contracts with the following outside bodies:
1. Deloitte
2. Ernst & Young
3. KPMG
4. RSM Bird Cameron
5. Sinclair Knight Merz Pty Ltd
6. Stanton Partners
The value of internal audit engagements completed, and/or committed to be completed under these
standing contracts
in the 2007/08 financial year is presented below.
*Western Power
Outside Body
2007/08
Ernst & Young
$104,614.00
KPMG
$129,424.00
Sinclair Knight Merz Pty Ltd
$59,965.00
The value of
other
internal audit engagements completed by outside bodies in the 2007/08 financial year is presented below:
*
Western Power
Outside Body
2007/08
Institute of Internal Auditors
$11,404.00
Arboriculture Consultant
$13,294.00
Note: *Electricity Networks Corporation trading as Western Power.
Verve Energy
(1a-e) Not Applicable.
(1f) Yes.
(2) Pricewaterhouse Coopers.
(3) $259,000.
(4) Pricewaterhouse Coopers.
(5) $266,000 (estimated).
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.