Annual Report 2024-25
Fraud detected in the agency
| Category/nature of fraud | Number of instances |
|---|---|
| Nil | Nil |
Strategies implemented to control and prevent fraud
Operational risk registers include references to fraud-related risks, especially regarding contract management, fraudulent interactions with clients, human resource related fraud (eg timesheets) and invoice handling.
The internal control processes or current treatments to mitigate the risks of fraud include:
Controls
- monthly board review of corporate performance reports which incorporate both financial and non-financial data
- a Financial Management Compliance Program Assessment process
- risk analysis of processes reasonably open to fraudulent activity
- a finance team who undertakes regular analysis of budgetary spend across the Trust and investigate major variations to budgets
- a risk based internal audit program, with every internal audit scope having a specific fraud element to consider
- risk assessment training for staff, to improve risk identification and mitigation within the business.
Treatments
- Review of, and update to, Fraud & Corruption Policy & Procedure and supporting documents
- Creation of communications strategy to be focussing on Public Interest Disclosures, and the areas of Fraud, Corruption, Misconduct and Maladministration
- Creation of an internet site for staff to access and obtain clear information on the Trust’s Fraud and Corruption policies, procedures and processes
- Review and refresh of the Trust’s Responsible Officers.
Data for previous years is available at: www.data.sa.gov.au/data/south australian housing trust annual report-fraud
Public interest disclosure
Number of occasions on which public interest information has been disclosed to a responsible officer of the agency under the Public Interest Disclosure Act 2018: Nil
Data for previous years is available at: www.data.sa.gov.au/data/south australian housing trust annual report-public interest disclosure
Note:
Disclosure of public interest information was previously reported under the Whistleblowers Protection Act 1993 and repealed by the Public Interest Disclosure Act 2018 on 1/7/2019.