Press Release – Office of the Auditor-General Parliament has passed the Bill to extend by two months the statutory reporting time frames in the Crown Entities Act 2004 and the Local Government Act 2002. The extensions apply to Crown entities and organisations listed in Schedules 4 and 4A of the Public …
Parliament has passed the Bill to extend by two months the statutory reporting time frames in the Crown Entities Act 2004 and the Local Government Act 2002. The extensions apply to Crown entities and organisations listed in Schedules 4 and 4A of the Public Finance Act 1989 and local authorities and council-controlled organisations with 30 June balance dates.
auckland scoop co nz » Statutory Reporting Time Frames To Be Extended To Respond To Auditor Shortages
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Big investors warn Australia on climate change
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Japan’s University Endowment Fund to spur other institutions
Government is hoping to foster U.S.-style funds at country s universities
Bloomberg
The giant ¥10 trillion ($91.1 billion) University Endowment Fund that Japan plans to launch in March to reverse a downtrend in the country s output of cutting-edge academic research will also promote the emergence of U.S.-style endowment funds as a key component of Japanese university finances, government officials say.
The ambition is more than just managing the ¥10 trillion the government has pledged for the fund, said Sho Ito, the Tokyo-based bureaucrat in charge of the program as deputy director of the Cabinet Office s Bureau of Science, Technology and Innovation, in a recent interview. We want to change Japanese universities and we want to change (Japan s) investment culture as well, he said.