Schedule 11: Regulatory Accounting Procedures Manual Guidelines This Schedule provides Australia Post with a sample of the format that the Manual should follow. It sets out a sample of the structure of the Manual and describes the key features of major sections. The sample should be regarded as providing the minimum information which the ACCC requires. Australia Post may choose to alter the format of the Manual if it accomplishes the same general purpose and provides at least the same level of information. 1.0 Introduction 1.1 Purpose of Manual (as stated in Rule 22) 1.2 Structure of Manual 1.3 Required reports and timetable for presentation and audit 1.4 Confidentiality 1.5 Amendments to the Manual 2.0 Organisation Structure and Systems 2.1 and Responsibilities This should identify the roles and responsibilities of different groups and positions within Australia Post in respect of the following: - update and maintenance of the Manual; - gathering of the underlying data and model inputs required for preparation of the reports. It should also include a regulatory accounts production timetable, and quality control and signoff procedures to ensure that responsibilities are allocated for timely completion of the reports. In addition, it should specify procedures which ensure that those involved in the preparation of the reports have read and understood the Manual, and its procedures that are to be applied in the production of the reports. 2.2 Accounting and System Environments This should provide details of the various financial, accounting and operational packages that are utilised to gather and process the information required for the preparation of the reports. It should pay particular attention to the way in which information is extracted from the day-to-day financial, accounting and operational packages and used in the preparation of the reports.
Schedule 11: Regulatory Accounting Procedures Manual Guidelines This Schedule provides Australia Post with a sample of the format that the Manual should follow. It sets out a sample of the structure of the Manual and describes the key features of major sections. The sample should be regarded as providing the minimum information which the ACCC requires. Australia Post may choose to alter the format of the Manual if it accomplishes the same general purpose and provides at least the same level of information. 1.0 Introduction 1.1 Purpose of Manual (as stated in Rule 22) 1.2 Structure of Manual 1.3 Required reports and timetable for presentation and audit 1.4 Confidentiality 1.5 Amendments to the Manual 2.0 Organisation Structure and Systems 2.1 and Responsibilities This should identify the roles and responsibilities of different groups and positions within Australia Post in respect of the following: - update and maintenance of the Manual; - gathering of the underlying data and model inputs required for preparation of the reports. It should also include a regulatory accounts production timetable, and quality control and signoff procedures to ensure that responsibilities are allocated for timely completion of the reports. In addition, it should specify procedures which ensure that those involved in the preparation of the reports have read and understood the Manual, and its procedures that are to be applied in the production of the reports. 2.2 Accounting and System Environments This should provide details of the various financial, accounting and operational packages that are utilised to gather and process the information required for the preparation of the reports. It should pay particular attention to the way in which information is extracted from the day-to-day financial, accounting and operational packages and used in the preparation of the reports.