|Response to the APY Funding 2014/2015 Audit Undertaken by Ernst and Young|
The General Manager and the APY Executive would like to take this opportunity to thank the Federal and State Ministers, Aboriginal Affairs and Reconciliation-Department of State Development and the Ernst and Young team, for working diligently to highlight where APY can continue to improve our financial governance. APY had previously worked closely with KPMG to address concerns identified by their first and second KPMG reports. This previous work had paved the way for a more in-depth financial review of the 2014/2015 financials that will set out a clear path forward for APY.
The APY General Manager and the APY Executive Board worked closely with the team from Ernst and Young from the outset to ensure that every opportunity to continue to improve our financial control and funding compliance was maximised. The APY Executive Board and the General Manager are keen to ensure that we use this audit to inform future direction. As a result, APY have developed and set in place a robust set of financial control, policies and procedures that protect the organisation moving forward.
The Executive board have reviewed a number of financial policies, procedures and documents that have been generated from the 2014/2015 audit and are keen to ensure that all APY staff are trained to comply with these policies and procedures.
Training on the newly developed financial management system policies and procedures occurred 16th August 2016 with all managers and staff in attendance. The training session was organised by APY and delivered by Ernst and Young in conjunction with the General Manager and the Director of Administration.
The new financial management policies and procedures are soon to be ratified by the APY Executive Board and rolled out across the organisation by the General Manager and the Director of Administration.
APY have made many changes to our financial management and control systems since the 2014 -2015 financial year. The General Manager and the Director of Administration have worked hard with funders, stakeholders and staff to address many of the issues outlined in the 2014-2015 review from Ernst and Young. The Executive Board, General Manager and the Director of Administration are confident that the APY organisation is in a strong financial position and have set a financial foundation that will build a positive future for all Anangu.
In closing, the APY General Manager and Director of Administration would like to acknowledge the Araluen Taxation Services (ATS) team and APY staff for their support, guidance and determination throughout these reviews.
Mr Richard King