Annual Report - Screen Australia

The responsibilities of the audit
committee include:
reviewing the annual reports
assessing corporate risk
management processes
monitoring compliance with the
corporation’s Fraud Control Plan
and monitoring prompt and
appropriate rectification of any
deficiencies or breakdowns
identified
monitoring the procedures to
ensure compliance with the
Corporation’s Act 2001 and all
other regulatory requirements
addressing any material matters
outstanding with auditors,
Australian Taxation Office and
the Australian Securities and
Investments Commission
reviewing and making
recommendations to the board
on remuneration packages and
policies applicable to the
executive officers and directors of
the corporation.
The audit committee reviews the
performance of the external
auditors on an annual basis and
normally meets with them during
the year to:
discuss the external audit plan,
identifying any significant
changes in structure, operations,
internal controls or accounting
policies likely to impact the
financial statements and to
review the fees proposed for the
audit work to be performed
review the draft annual financial
report and recommend board
approval of the financial report
review the results and findings of
the auditor, the adequacy of
accounting and financial controls
and to monitor the
implementation of any
recommendations made.
RISK MANAGEMENT
OVERSIGHT OF THE RISK
MANAGEMENT SYSTEM
The board oversees the
establishment, implementation and
review of the corporation’s risk
management system. Management
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has established and implemented
the risk management system for
assessing, monitoring and
managing operational, financial
reporting, and compliance risks for
the corporation.
RISK PROFILE
Comprehensive practices have
been established to ensure:
board approval (above delegated
authority) of all film and
television investments and
variations thereto
occupational health and safety
standards and management
systems are monitored and
reviewed to achieve high
standards of performance
business transactions are
properly authorised and executed
the quality and integrity
of personnel
financial reporting is accurate
and complies with the financial
reporting regulatory framework.
QUALITY AND INTEGRITY
OF PERSONNEL
Appraisals are conducted at least
annually for all employees. Training
and development, and appropriate
remuneration and incentives with
regular performance reviews create
an environment of co-operation
and constructive dialogue.
FINANCIAL REPORTING
The chief executive officer and
the chief commercial officer have
declared to the board that the
corporation’s financial reports are
founded on a sound system of risk
management and internal
compliance and control which
implements the policies adopted
by the board and that there are in
place appropriate fraud control
mechanisms that meet the
Attorney’s guidelines.
Monthly actual results are reported
against budgets approved by the
directors, and revised forecasts for
the year are prepared regularly.
ETHICAL STANDARDS
All directors, managers and
employees are expected to act
with the utmost integrity and
objectivity, striving at all times to
enhance the reputation and
performance of the corporation.
Every employee has a nominated
supervisor to whom they may refer
any issues arising from their
employment.
CONFLICT OF INTEREST
Directors and senior management
must keep the board advised, on
an ongoing basis, of any interest
that could potentially conflict with
those of the corporation. The
board has developed procedures
to assist directors and senior
management to disclose potential
conflictsof interest.
Where the board believes that a
significant conflict exists for a
director on a board matter, the
director concerned does not
receive the relevant board papers
and is not present at the meeting
whilst the item is considered.
Details of director related entity
transactions with the corporation
are set out in Note 16.
AUDIT
The board has requested the
independent external auditor to
undertake, in addition to the audit
of the financial statements, an
additional assurance audit to
assess whether the company’s
accounting and administrative
procedures and processes are
operating effectively and
transactions are appropriately
authorised and recorded
completely, accurately and reliably
for the production of financial
statements. This additional
assurance audit, which has the
limitations of audit sampling
techniques, is over and above that
required to form an opinion on
the financial statements.
ENVIRONMENTAL REGULATION
The company’s operations are
not subject to any significant
environmental regulation
under either Commonwealth
or State legislation.
ORGANISATION
OVERVIEW
PRODUCER OFFSET
MANAGER
Antonia Barnard
PRODUCTION
OFFSET
CO-ORDINATORS
Susan Wells
Michele McDonald
PRODUCTION
OFFSET
ASSISTANT
Marsha White
RECOUPMENT
MANAGER
Doris Petrevcic*
SENIOR
RECOUPMENT
ANALYST
Susie Gates
RECOUPMENT
ANALYSTS
Georgia Britton
Elizabeth Newman
Bernadette Rheinberger
RECOUPMENT
ASSISTANT
Kate Fielder
FINANCIAL
CONTROLLER
Betty Fehir
FINANCE
ASSISTANT
Peta Jeffery
INFORMATION
SERVICES
MANAGER
Steve Marks
OFFICE
ADMINISTRATOR
Kym Yam
RECEPTIONIST /
OFFICE ASSISTANT
Robyn Schwarz
Nelly Shipley
POLICY MANAGER
Mary Anne Reid
(resigned Nov 2007)
POLICY & PR
CO-ORDINATOR
Karolina Lipiec
The Overview refl ects all staff who have occupied permanent positions during the year.
Total number of staff as at 30 June 2008: 42 *Staff in Melbourne offi ce.
FFC BOARD OF
DIRECTORS
CEO Brian Rosen
CHIEF COMMERCIAL OFFICER / COMPANY SECRETARY
Ross Pearson
BUSINESS AFFAIRS
MANAGER /
COMPANY
SECRETARY
Keith Lupton
LEGAL MANAGERS
Mark Broomhead*
Amy Carr
Madeleine Enfield
Rebecca Hardman
BA CO-ORDINATOR
Helen Canham
ASSISTANT BA
CO-ORDINATOR
Anna Hale
BA EXECUTIVE
ASSISTANT
Linda McClelland
BA / LEGAL
ASSISTANT
Angela Chang
EVALUATION
MANAGERS
Tait Brady*
Scott Meek
EVALUATION
CO-ORDINATORS
Stephanie Dow*
Paul Kennedy
SENIOR
INVESTMENT
MANAGER
Ross Matthews*
INVESTMENT
MANAGERS
Sally Browning
Chris Oliver
Julia Overton
PROJECT
MANAGERS
Lindsay Lipson*
Heather Oxenham
CO-ORDINATORS
Philippa Campey
Karen Dess
ASSISTANTS
Mim Davis
Amanda Lansdowne
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