Volume 2, Chapter
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2
3
4
5
6
7
Appendices
Index & Glossary
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Chapter 3

Governance

This chapter outlines the organisation's governance framework detailing performance on a number of aspects such as internal management and external audit and scrutiny.

Accountability and Financial Management

Prescription has clarified and strengthened the separate accountabilities of both Defence and the DMO.

Upon prescription of the DMO as an Agency on 1 July 2005, under the Financial Management and Accountability Act 1997, the Chief Executive Officer of the DMO (CEO DMO) became directly responsible for managing the affairs of the DMO in a way that promotes proper use of the Commonwealth resources for which the DMO is responsible.

2005–06 is the first financial year for which DMO has produced separate financial statements. The DMO's financial statements for 2005–06 are fully set out in Chapter Seven of this report. The CEO DMO and the Chief Finance Officer DMO concluded that they could attest that the overall statements were true and fairly stated.

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