tailieunhanh - AUDITOR-GENERAL’S REPORT FINANCIAL AUDITS Volume One 2010 The Legislative Assembly Parliament_part3

Tổng công ty tái chế chất thải và chế biến (WSN môi trường Giải pháp) Ý KIẾN kiểm toán kiểm toán báo cáo tài chính của Tổng công ty cho năm tài chính kết thúc ngày 30 tháng 6 năm 2009 trong Báo cáo của kiểm toán viên độc lập không đủ tiêu chuẩn. | Minister for Climate Change and the Environment Waste Recycling and Processing Corporation WSN Environmental Solutions This is trial version 13 This is trial version Waste Recycling and Processing Corporation WSN Environmental Solutions AUDIT OPINION The audit of the Corporation s financial statements for the year ended 30 June 2009 resulted in an unqualified Independent Auditor s Report. However the Independent Auditor s Report drew attention to a significant uncertainty in the determination of a provision for net costs associated with a major contract. The Corporation determined that no provision was required. KEY ISSUES Proposed Sale On 23 March 2010 the Government enacted the Waste Recycling and Processing Corporation Authorised Transaction Act 2010 for the sale of the Corporation. The Act among other things creates a new Government agency Waste Assets Management Corporation WAMC to hold and manage assets transferred from Waste Recycling and Processing Corporation establishes a Special Deposits Account to be administered by the Treasurer to receive the sale proceeds and settle landfill liabilities provides for transfer of any of the Corporation s assets to the private sector settles all outstanding WAMC landfill liabilities and pays the balance of the proceeds to the Consolidated Fund. Efficiency of the Performance of the Corporation Repeat Issue We recommend the Corporation liaise with The Treasury to resolve the difficulties in complying with the requirements of the Waste Recycling and Processing Corporation Act 2001 the Act . The Act requires the Corporation to operate at least as efficiently as any comparable businesses. The Corporation s view is that there are no similar comparable businesses operating in the same environment. In the absence of comparable businesses the Corporation has been unable to perform efficiency assessments since its inception. Auditor-General s Re version 15 .