CONTENTS
FRAUD – INSTANCES AND NATURE OF
FRAUD; STRATEGIES TO CONTROL AND PREVENT FRAUD
No instances of fraud were detected during
the year.
ForestrySA maintains a Risk Management
Advisory Group to assist in the identification of risk issues
and the management of risk mitigation strategies.
ForestrySA employs an internal and
external audit process which assists management in ensuring key
process controls are effective and that risk management and
corporate governance issues continue to be addressed.
USE OF CONSULTANTS
CORPORATE PROFILE
SOCIAL
ENVIRONMENTAL
ECONOMIC
FINANCIAL STATEMENT
|
CONSULTANT
|
AMOUNT (A$)
|
DESCRIPTION
|
|
3 Consultancies below $10 000
|
$12 341
|
|
|
1 Consultancy $10 000
– $50 000
|
|
|
|
JP Management Consulting Pty.
Ltd.
|
$10 000
|
Advice on open and competitive
tendering process for sawlog
|
|
No Consultancies over $50 000
|
–
|
|
|
Total
|
$22 341
|
|
ACCOUNT PAYMENT SUMMARY
|
2003-2004 Summary
|
Number of Accounts Paid
|
Percentage of Accounts Paid By
Number
|
Value in $A of Accounts Paid
$’000
|
Percentage of Accounts Paid By
Value
|
|
Paid by due date
|
8 676
|
83.46%
|
86 866
|
95.66%
|
|
Paid late but paid within 30
days or less of the due date
|
1 296
|
12.47%
|
3 356
|
3.70%
|
|
Paid more than 30 days from
the due date
|
423
|
4.07%
|
587
|
0.65%
|
|
|
10 395
|
100.00%
|
90 809
|
100%
|
INTERNATIONAL TRAVEL
|
|
Number of Employees
|
Destination
|
Reason for Travel
|
Total Cost to ForestrySA
|
|
|
1
|
Japan
|
To meet with Nippon Paper
Industries and Mitsui & Co. Ltd. to negotiate
woodchip sales, volumes and prices.
|
All expenses of the trip were
met by the consortium
|
|
|
1
|
New Zealand
|
To attend the Bioenergy Task
30 Conference
|
$2 171.00
|
|
|
1
|
New Zealand
|
To speak at the New Zealand
Forest Industry Contractors’ Association
(FICA) Annual Conference
|
Air fare and conference
accommodation costs met by FICA. Additional costs
$794
|
|
Total
|
3
|
|
|
$2 965.00
|