1. This water accounting report was prepared and presented in accordance with the Exposure Draft of the Australian Water Accounting Standard 1, with the following exceptions:
No Assurance Statement was prepared because the standard for, and practice of, assurance of water accounting reports have yet to be developed.
The Accountability Statement does not present information that would assist users in understanding and evaluating the accountability of water managers because of the impracticality of doing so in this report.
Notes on the quantification approaches and levels of uncertainty are incomplete because the knowledge base is often inadequate.
No information is disclosed about material events that occurred after 30 June 2010, such as extreme precipitation and significant water rights purchases. This information is available publicly elsewhere.
No information is disclosed on water for social, cultural and economic benefit.
No information is disclosed on the future prospects of the Melbourne region.
2. The report has been compiled from the best obtainable data in the time available to assemble it from a number of sources, as detailed in the water accounting statement Notes. Some data quality compromises have been made by the Bureau of Meteorology for the sake of a nationally-consistent approach to report preparation and presentation.
3. All significant and specific interpretations of the Exposure Draft of the Australian Water Accounting Standard 1 for the purpose of the preparation of this report are explained in the significant water accounting policy Notes. The Bureau of Meteorology is responsible for all of these interpretations.
Assistant Director, Water Information Services
Bureau of Meteorology
22 September 2011
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