NSW Audit Office - Awareness - Issue 2005 01 - January 2005

AWARENESSccounting and Auditing Developments ISSUE 1 JAUARY 2005AUDIT OFFICE 1 AUDIT OFFICE UPDATEUPDATEACCOUNTING 2 Follow-up Performance Audit: STANDARDS UPDATEEnvironmental Impact Assessment of Major ProjectsOur 2001 audit concluded that the basis for environmental impact AUSTRALIAN 5 ACCOUNTING assessment of major projects in NSW was sound and the key concept STANDARDS BOARD of ‘environmental significance’ well defined. However we identified UPDATEopportunities for improvement and made 21 recommendations. The agency then responsible for these assessments accepted 19 AUDITING 8recommendations, partially accepted one and rejected one. UPDATEThis audit reviewed the implementation of the recommendations as at INTERNATIONAL 9December 2004.UPDATEAudit opinion OTHER ISSUES 15The Department of Infrastructure, Planning and Natural Resources MISCELLANEOUS 16(DIPNR) has partially implemented the recommendations that it PUBLICATIONSaccepted from our 2001 Audit.LEGISLATIVE 18Implementation was delayed by restructuring of the agencies responsible CHANGES UPDATEfor the environmental impact assessment of major projects.DIPNR has made satisfactory progress implementing our recommendations TREASURY UPDATE 19on improving the strategic planning framework, compliance monitoring PREMIER’S 20and stakeholder access to information.DEPARTMENTIt has made less progress on implementing our recommendations on UPDATEimproving internal processes, procedures and ...