Regional Infrastructure Projects Update - April 2014
• A presentation by Samantha Cieslar of the Department of Local Government:
- Department and legislative changes
- Tropical Illustrative Financial Statements 2013-14
- Changes to Australian Accounting Standards
- Annual Report Disclosures
• A presentation by Brendan Mccrae of the Queensland Audit Office:
- Financial sustainability
- Asset valuations
- NDRRA funding
- Grant acquittals
- Areas of audit focus from 2013 to 2016
An interesting comment made during the presentation was the QAO does not consider it appropriate for those claims sent to QRA to be shown as receivables. Their comment was that in some instances only part payment for those claims had been received by Councils and as such until payment was received it could not be considered.
FNQROC has arranged for Brendan Macrae to speak at the next Regional Procurement meeting scheduled for 30 May 2014.
• A presentation by Cameron Hurman, Valuer-General:
- Asset Valuations
- Register of pre-qualified suppliers – for asset valuations
• A presentation by Graham Jordan of LGAQ's Roads and Transport Alliance:
- Regarding the recently completed Roads Alliance Valuation Project (RAVP)
- The RAVP was established in 2012 to develop a Road Asset Valuation Toolbox for use by Local Governments when valuing road assets.