Managing risk and fraud/ Adam Toma ITSA/ Gavin McCosker ITSA/ Veronique Ingram ITSA

Adam Toma and Gavin McCosker are both on ITSA's or now AFAS Audit committee's and both are corrupt and protecting fraud.

Clearly it is shit that ITSA has a current  fraud risk assessment and fraud control plan.

Adam Toma's department has  a shonkey Investigation policy and  Bankruptcy Regulations has no investigation policy so this is why statistics in the Annual Report are false because complaints are fucked over.

Senior Management are advised by Matthew Osborne that detected fraud  does not have to be reffered to Enforcement.

according to S 19 of the Bankruptcy Act.

Gavin McCosker  who is also on ITSA's Audit committee has protected fraud.

The following statement from ITSA is clearly false

*************ITSA has been active throughout 2010–11 in its endeavours to minimise internal and external fraud and undertake appropriate investigations where fraud has been suspected or detected.*******************************

Managing risk and fraud

Risk management is an integral part of ITSA’s planning and management processes at all levels. ITSA’s Risk Management Plan sets out a systematic process and tools to help identify, analyse, assess, manage and monitor risks to ITSA in achieving its objectives.
During 2010–11, each of ITSA’s operational business lines had detailed management assurance programs with monthly management reports to address or minimise risks within their areas of business. In addition, the National Management Board has embedded risk management into the organisation’s revised strategic planning process. The National Management Board and Business Solutions Planning Group reviewed, added to and updated organisational risks. Review of ITSA’s risk register is a standing item at National Management Board and Business Solutions Planning Group meetings each quarter.
For the financial year 2010–11 ITSA had a current fraud risk assessment and Fraud Control Plan both of which will be updated in accordance with the Commonwealth Fraud Control Guidelines In 2011–12. ITSA’s Fraud Control Plan is based on a comprehensive risk assessment which assesses inherent fraud risk, associated mitigation strategies and covers fraud prevention, detection, investigation, reporting and data collection for both internal and external fraud. ITSA has been active throughout 2010–11 in its endeavours to minimise internal and external fraud and undertake appropriate investigations where fraud has been suspected or detected.