Territory Stories

February 2008 report to the Legislative Assembly



February 2008 report to the Legislative Assembly


Report to the Legislative Assembly; Reports; PublicationNT




Made available via the Publications (Legal Deposit) Act 2004 (NT).






Northern Territory. Auditor-General's Office -- Periodicals; Finance, Public -- Northern Territory -- Accounting -- Periodicals; Northern Territory -- Appropriations and expenditures -- Periodicals

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Northern Territory Auditor-General's Office

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Auditor-General for the Northern Territory February 2008 Report 101 Desert Knowledge Australia Audit findings and Analysis of the financial statements for the year ended 30 June 2007 Background Desert Knowledge Australia (DKA) was established under the Desert Knowledge Australia Act 2003 (the Act), which came into force on 18 September 2003. DKA is a body corporate that has been declared by its enabling Act to be excluded from the provisions of the Commonwealth Corporations Act 2001. The objectives of DKA are centred on a range of activities intended to promote economic and social development in desert and arid land areas. DKA is managed by a Board, the members of which hold office in accordance with the provisions of the Act. Audit Opinion The audit of the Desert Knowledge Australia for the year ended 30 June 2007 resulted in the issue of an unqualified independent audit opinion on 5 November 2007. Key issues While no matters of significance were raised as a result of the audit, a number of minor matters were again brought to the attention of the Board. These included the need: to improve internal control through the use of purchase orders; for a rental agreement between DKA and Territory Housing in respect of student accommodation; for an agreement between DKA and the Department of Business Economic and Regional Development for secondment of NT Government employees to DKA; and for regular reconciliations of petty cash.