|
In compliance with Commonwealth guidelines on Risk Management and Fraud Control, the Bureau in 2004-05 continued to enhance its risk management and fraud control framework through the following series of initiatives:
- formal adoption by the Bureau's Audit Committee of a Risk Sub-Committee;
- updates of the Bureau's Risk Management Handbook to address aspects of business continuity planning and the role of senior managers in assessing risk at the corporate level;
- promulgation of a Fraud Control Handbook which includes details of both the Bureau's Fraud Control Plan and the procedures to be adopted in the event of a fraud incident;
- distribution, to all staff, of a two-page summary `Guide' on fraud control; and
- development of plans for renewed emphasis on training related to risk management and fraud control.
During 2004-05 there was one reported incident of minor fraud. All monies involved were recovered and appropriate disciplinary and counselling measures were undertaken.
|