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Annual Report 2009 - 2010

 

Contents

 

   From the Chair and Director
   About the New Zealand Teachers Council
      Statement of Purpose
      Our Functions
      Governance
      Strategic Focus: Effective Teachers
   Outcomes Framework 2009/10
      Achievements against the Statement of Intent
   Performance Highlights
      The Year at a Glance
      Key Developments
   Statement of Objectives and Service Performance
      Output 1: Teacher Registration
      Output 2: Professional Standards
      Output 3: Professional Leadership
      Output 4: Teacher Education
   Reconciliation of Outputs to the Statement of Comprehensive Income
   Assessing Organisational Health and Capability
      People
      Information Communications Technology
      Financial Strategy
   Financial Statements
      Statement of Responsibility
      Statement of Comprehensive Income
      Statement of Movements in Equity
      Statement of Financial Position
      Statement of Cash Flows
      Statement of Contingent Liabilities
      Statement of Commitments
      Significant Accounting Policies
      Notes to the Financial Statements
   Audit Report
   Supporting Information
      Disclosure of Fees2009/10
      Directory

 

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FROM THE CHAIR AND DIRECTOR

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Teachers play a key role in promoting learning for children and young people in early childhood education settings and schools. Through setting and maintaining standards for entry to the profession, the New Zealand Teachers Council (the Council) continue to significantly influence the quality of the teaching profession.

 

Selection into an approved initial teacher education programme is the beginning of the journey. The second stage is reached when a student successfully graduates from an approved programme and is granted provisional registration. After undertaking a period of induction, the provisionally registered teacher is then able to take the third key step – being endorsed to move from provisional registration to full registration.

 

These key entry points have been the Council’s major focus over the last financial year. In particular, the following initiatives have been undertaken:

 

The Council successfully piloted revised criteria for registering teachers as full members of the profession. It gazetted the Registered Teacher Criteria in December 2009 to replace the current Satisfactory Teacher Dimensions. It has begun a series of national workshops to familiarise professional leaders and teachers with these criteria, in preparation for their adoption from January 2011.

 

Beside setting requirements by which teachers can enter the profession, the Council also set conditions under which teachers are able to remain as members of the teaching profession. The Council receive complaints and mandatory reports relating to the behaviour and competence of teachers. There are clearly established rules and processes by which these reports and complaints are investigated and considered by the Council, its disciplinary bodies and competence assessors. It is also acknowledged that there are health issues that may arise which prevent teachers being able to fully meet their professional obligations. For this reason, the Impairment Committee was established in 2009 to assess and assist teachers with impairments.

 

The Council consulted with the profession about the need for a registration fee increase. The registration fee has not been increased since 2002 and quite simply, since 2002, the Council’s work has expanded and costs have gone up. The Council signalled the need for a review of the current fee as early as 2007. The new registration fee increase will take effect from 1 July 2010.

 

The past year has seen many of the Council projects come to fruition. We acknowledge the support and engagement of the profession in our various consultations, workshops and pilots. It is your voice and perspective that has shaped our professional leadership programmes, ensuring their future success. We acknowledge the hard work and expertise of the Council board members and staff in growing the organisation’s capability to meet the needs of teachers.

 

Alison McAlpine QSO JP New Zealand Teachers Council Chair 15 October 2010	Peter Lind New Zealand Teachers Council Director 15 October 2010

 

 

 

ABOUT THE NEW ZEALAND TEACHERS COUNCIL

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STATEMENT OF PURPOSE

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The New Zealand Teachers Council is an autonomous Crown Entity established under the Education Act 1989.
Its purpose as stated in the Act is:

 

...to provide professional leadership in teaching, enhance the professional status of teachers in schools and early childhood education, and contribute to a safe and high quality teaching and learning environment for children and other learners.”

 

OUR FUNCTIONS

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GOVERNANCE

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Alison McAlpine	Chair
Jenny Varney	Elected by Early Childhood Teachers
Ken Wilson	Elected by Primary School Teachers
Megan Cassidy	Elected by Secondary School Teachers
Pat Newman	Elected by Principals
Louise Green	New Zealand Educational Institute (NZEI)
Diane Wills	Post Primary Teachers' Association (PPTA)
Barbara Arnott	New Zealand School Trustees Association (NZSTA)
Kevin Knight	Ministerial Appointment
Lyn Brash	Ministerial Appointment
Makoha Gardiner	Ministerial Appointment

 

 

During 2009/10 the Council farewelled its Chair Kathy Smith and welcomed new Chair Alison McAlpine. Alison has extensive experience as a secondary school teacher, principal, member of Secondary Principals Association of New Zealand Executive Committee, and has been involved with UNESCO and the United Nations. Alison is also a current member of the New Zealand Qualifications Authority Board.

 

The Council also welcomed new members Makoha Gardiner and Kevin Knight, both by ministerial appointment. Makoha Gardiner is an experienced kaiako, Head of Department Māori and Deputy Principal, with strong Māori language skills and expertise in conflict management and resolution. She has served over 12 years as Secretary for Te Arawa Pouako i te Reo and has been involved in Māori medium initiatives with both the Ministry of Education and New Zealand Qualifications Authority. Makoha was Chief Examiner for University Bursary Te Reo Rangatira 2000/03.

 

Kevin Knight is an experienced teacher and principal, and a founding director of the New Zealand Graduate School of Education. Kevin was also an educational psychologist before becoming a teacher educator, and has significant expertise in classroom behaviour management and teacher mentoring.

 

The Council has two standing committees: the Audit and Risk Management Committee, and the Professional Leadership Committee.

There are two advisory bodies to the Council: the Māori Medium Advisory Group, and the Early Childhood Education Advisory Group.

The Council also has various bodies to consider conduct and competence issues, including the Complaints Assessment Committee (CAC), Impairment Committee and Disciplinary Tribunal (DT).

 

STRATEGIC FOCUS: EFFECTIVE TEACHERS

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For 2009/10 the Council continued to focus on key entry points into the profession, as levers to support and improve quality teaching. We have also worked on strengthening the standards for gaining, supporting and maintaining membership of the profession. Particular initiatives undertaken during the year are outlined on the following pages.

 

 

 

OUTCOMES FRAMEWORK 2009/10

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STRATEGIC OUTCOMES	Government Children from all communities participating in high quality early childhood education Every child achieving literacy and numeracy levels that enable their continuing engagement in learning All young people with skills and qualifications that enable them to contribute to their and New Zealand's future.   Education Sector Ka Hikitia, Pasifika Education Plan, NZ Curriculum, Te Marautanga o Aotearoa, Te Whāriki, Tertiary Education Strategy, Early Childhood Education Strategic Plan, Nga Huarahu Arataki.   New Zealand Teachers Council A professional body of teachers in Aotearoa New Zealand providing safe, high quality teaching for all children and young people in schools/kura and early childhood education (ECE) settings.
COUNCIL OUTCOMES	All children and young people are effectively taught by registered teachers who meet and maintain the standards and professional commitments set for the profession. All provisionally registered teachers (PRTs) are supported with effective induction and mentoring programmes as they move towards full registration. All graduates of initial teacher education (ITE) programmes are effectively prepared to begin to teach.
IMPACTS	All teachers employed in schools, and progressively in early childhood settings, meet the standards for registration as a teacher.	The Council's guidelines and requirements for quality induction programmes and professional support for mentor teachers are applied by schools and ECE services that employ PRTs.	The profession knows about and can apply in their practice the standards, requirements and guidelines developed by the Council, and knows the rationale/ evidence base for these.	All ITE programmes meet the Council requirements and assess graduates against the Graduating Teacher Standards.
OUTPUT CLASSES	Teacher Registration Maintain rigorous and efficient processing of registration applications.	Professional Standards Maintain effective processes for considering conduct and competence of teachers.	Professional Leadership Provide effective policy advice and research to advance the strategic initiatives of the Council.	Teacher Education Maintain effective processes for evaluation, approvals and monitoring of ITE programmes.
INPUTS	Provide professional leadership to and regulation of teachers through functions of: ITE Registration Conduct and competence Professional leadership.   Organisational Capability

 

 

ACHIEVEMENTS AGAINST THE STATEMENT OF INTENT

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Several measures given in the Council's 2009/12 Statement of Intent will be achieved progressively over the three years. The milestones reached in the 2009/10 financial year are outlined below.

 

 

OUTCOME 1: ALL GRADUATES OF INITIAL TEACHER EDUCATION (ITE) PROGRAMMES ARE EFFECTIVELY PREPARED TO BEGIN TO TEACH

This year the Council focused on achieving consistently well-prepared graduates from all ITE programmes in the future, by way of strengthening the requirements for the approval and monitoring of ITE programmes. We also aimed to ensure that graduates in Māori medium settings are well-prepared to begin to teach, by developing an understanding of the level of reo proficiency they will require.

 

PERFORMANCE MILESTONES

Level of engagement during development of revised ITE requirements

 

Level of consensus reached on what constitutes reo proficiency of graduates prepared to teach effectively in Māori medium settings

 

 

 

OUTCOME 2: EFFECTIVE INDUCTION AND MENTORING PROGRAMMES SUPPORT PROVISIONALLY REGISTERED TEACHERS AS THEY MOVE TOWARD FULL REGISTRATION

High quality induction and mentoring support during the initial teaching years is critical to the successful ongoing development of newly-qualified teachers. The Council has initiated several pilots to trial the draft guidelines for induction and mentoring programmes. The guidelines will form the basis of a strong support framework for both provisionally registered teachers and their mentors.

 

PERFORMANCE MILESTONES

Evaluation of data from induction and mentoring pilot programmes

 

 

OUTCOME 3: ALL CHILDREN AND YOUNG PEOPLE ARE EFFECTIVELY TAUGHT BY TEACHERS WHO MEET AND MAINTAIN THE STANDARDS AND PROFESSIONAL COMMITMENTS SET FOR THE PROFESSION

The Council's work towards high standards for the profession is a significant contribution to assuring learners, parents, employers and the public that teachers are equipped to be effective in their role. So that we provide assurance of teacher effectiveness from many perspectives, work in this area is contributed to by all Council business units, and is varied across several projects and processes.

 

PERFORMANCE MILESTONES

Identify trends on use of unregistered teachers/Limited Authority to Teach (LAT) to cover teaching positions

Evaluate impact of the Registered Teacher Criteria communications plan

Identify trends in enquiries received by the Council

Evaluate effectiveness of competence and disciplinary processes in terms of legislative compliance

 

 

 

PERFORMANCE HIGHLIGHTS

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THE YEAR AT A GLANCE

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KEY DEVELOPMENTS

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Registered Teacher Criteria

The new Registered Teacher Criteria were finalised, resources developed, and over 40 workshops held throughout New Zealand to assist professional leaders to implement the new criteria.

 

Induction and mentoring

During 2009/10, pilot programmes continued to trial various models for the induction and mentoring of provisionally registered teachers, and training and support for their mentor teachers.

 

Initial teacher education programme approval and monitoring requirements

Proposed new requirements for the approval and monitoring of initial teacher education programmes were developed and released for consultation with providers and the sector.

 

Impairment Committee

The Impairment Committee was established to assess and assist teachers with impairments. The Committee commenced on 22 September 2009 and by the end of the 2009/10 financial year is monitoring 13 teachers through this process.

 

Website refresh

The refresh of the Council’s website www.teacherscouncil.govt.nz was launched this year. This project, begun in 2008, has opened up significant opportunities going forward: we are now moving toward more dynamic, fluid and regular communications with teachers, the sector and the public.

 

Fee increase for triennial practising certificates

Confirmation of the practising certificate fee increase from $120 to $216 effective 1 July 2010 was communicated extensively over the last quarter, including an additional reminder to those eligible for the lower fee.

 

Data match project

The passing of the Education Amendment Act in May 2010 authorised an information matching programme between the Council and the Ministry of Education for those employed in a teaching position, and an initial data match took place.

 

 

 

STATEMENT OF OBJECTIVES AND SERVICE PERFORMANCE

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OUTPUT 1: TEACHER REGISTRATION

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Maintain rigorous and efficient processing of registration applications

 

 

NOTES

 

 

 

HOW WE PERFORMED

 

QUANTITY
	2009/10 Actual	2009/10 Estimated	2008/09 Actual
Applications for registration Approved Declined Closed	12,699 101 (0.8%) 746 (5.9%)	13,480 Less than 1% Less than 5%	12,387 97 972
Practising certificate renewal Approved Declined Closed	20,497 314 (1.5%) 239 (1.2%)	16,400 Less than 2% Less than 2%	24,615 627 273
Provisional/Subject to Confirmation to Full Approved Declined Closed	5,067 87 (1.7%) 395 (7.8%)	4,702 Less than 3% Less than 5%	4,499 143 402
LAT Approved Declined Closed	1,097 .7%) 24 (20.4%)	1,371 Less than 2% Less than 35%	829 -* -*
Applications are declined when they do not meet the Councils policy requirements (e.g. insufficient qualifications, recent teaching service, language proficiency and/or good character). Applications are closed if the applicant has failed to respond satisfactorily to more than four requests for information.
TIMELINESS
	2009/10 Actual	Standard	2008/09 Actual
Application for registration (6 weeks)	91.66%	80%	94%
Practising certificate renewal (6 weeks)	85.07%	80%	95%
Provisional/Subject to Confirmation to Full (4 weeks)	99.37%	80%	99%
LAT (4 weeks)	82.58%	80%	-*
QUALITY
	2009/10 Actual	Standard	2008/09 Actual
All teacher quality assurance activities are made in accordance with the Education Act 1989 and the Council’s policies and procedures	Always	Always	Always

COST
	2009/10 Actual	2009/10 Budget	2008/09 Actual
Revenue	$2,223,201	$1,935,823	$1,993,347
Expenditure	$1,707,066	$1,805,672	$1,759,655
Surplus/(Deficit)	$516,135	$130,151	$233,692

 

*New measure for 2009/10.

 

 

OUTPUT 2: PROFESSIONAL STANDARDS

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Maintain effective processes for considering conduct and competence of teachers

 

NOTES

 

 

 

HOW WE PERFORMED

 

QUALITY
	2009/10 Actual	Standard	2008/09 Actual
Decisions are made in accordance with the requirements of the Education Act 1989 and the New Zealand Teachers Council Rules	Always	Always	Always
QUANTITY AND TIMELINESS*
	2009/10 Actual	Standard	2008/09 Actual
Complaints / mandatory reports received by CACs	265	120	204
Complaints / mandatory reports resolved by CACs	235	120	186
Cases referred by CAC to DT	22	15	15
Referrals from CAC to impairment process**	20	15	-
Referrals from Council to impairment process**	2	15	-
Cases determined by DT	14	15	13
Referrals from DT to impairment process**	0	15	-
Competency complaints / mandatory reports received	60	50	27
Competency cases being monitored within a 3 year period	30	50	-***
Competency complaints / mandatory reports resolved	22	50	28
Referrals from CAC to competence	6	15	12
Conduct/competence cases resolved by the Council	28	50	25
*Timeliness has been impacted by factors such as co-operation of other parties, extent of investigation required, and external processes (e.g. Police investigations, court hearings). **No Impairment Committee figures for 2008/09 as the Committee was established in 2009/10. ***New measure for 2009/10.

COST
	2009/10 Actual	2009/10 Budget	2008/09 Actual
Revenue	$1,056,576	$1,007,797	$990,107
Expenditure	$1,446,761	$1,443,262	$1,380,304
Surplus/(Deficit)	($390,185)	($435,465)	($390,197)

 

 

OUTPUT 3: PROFESSIONAL LEADERSHIP

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Provde effective policy advice and research to advance the strategic initiatives of the Council

 

 

NOTES

 

 

 

HOW WE PERFORMED

 

QUALITY
	2009/10 Actual	Standard
Policy and research comply with Council guidelines	Always	Always
Policy and research projects are delivered to the agreed quality, deadlines and budget	Always*	Always
*Projects have met milestone deadlines except where the Council have deferred target dates or where contractors have been asked for further information to meet milestone requirements.
QUANTITY AND TIMELINESS
	2009/10 Actual	2009/10 Estimated
Consult with the profession to develop an overarching registration policy Analyse and respond to feedback from professional leaders on key issues Develop and consult on the draft policy	Completed Completed	Complete by October 2009 Complete by February 2010
Finalise and phase-in implementation of Registered Teacher Criteria Analyse and respond to data from 2009 trial and other sources to finalise the criteria with sector agreement Implement communication plan to promulgate and phase-in the criteria from January 2010	Final criteria approved and published National workshops underway	Complete by December 2009 Evaluate effectiveness and strategy
Monitor and evaluate induction and mentoring pilots Monitor milestone reports for 1 and 2 year pilots and the evaluation contract Begin to analyse interim findings as they emerge for any policy implications	Milestones met Interim findings analysed Continuing	Milestone dates as per contracts Discussion paper by July 2010
Investigate the reo proficiency required of graduates of Māori medium ITE programmes Synthesise relevant research, policies and initiatives from agencies and the sector that inform identification of reo proficiencies required for teaching effectively in Māori medium settings Identify further research/policy development required to translate findings into the Council requirements for approval and monitoring of Māori medium ITE programmes	Final report approved for publication   Continuing due to delay in final report completion	Literature review by October 2009     By March 2010
Review of the Governance arrangements and functions of the Council Consultation on draft options and analysis of consultative findings	Deferred to 2010/11	By July 2010

COST
	2009/10 Actual	2009/10 Budget	2008/09 Actual
Revenue	$1,090,536	$1,017,645	$1,275,425
Expenditure	$2,399,354	$2,734,485	$2,519,864
Surplus/(Deficit)	($1,308,818)	($1,716,840)	($1,244,439)

 

 

OUTPUT 4: TEACHER EDUCATION

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Maintain effective processes for evaluation, approvals and monitoring of ITE programmes.

 

 

NOTES

 

 

 

HOW WE PERFORMED

 

QUALITY
	2009/10 Actual	2009/10 Estimated	2008/09 Actual
All decisions are consistent with the Council standards and guidelines for approvals of ITE programmes and relevant legislation	Always	Always	Always

QUANTITY AND TIMELINESS
	2009/10 Actual		2009/10 Estimated
Development of new approval and monitoring system for ITE programmes Set requirements for ITE programmes Determine an approval and monitoring process for the Council Consult with the sector on proposed process	Extended Extended Extended		Complete by February 2010 Complete by February 2010 Complete by July 2010

Approval of new ITE programmes 2009/10
	Universities	Institutes / Polytechnics	Wananga	PTEs
Early childhood	-	2	1	2
Primary	1	-	1	1
Secondary	-	-	-	-
Total	1	2	2	3
Re-approval of existing ITE programmes 2009/10
	Universities	Institutes / Polytechnics	Wananga	PTEs
Early childhood	5	-	-	2
Primary	3	-	1	1
Secondary	1	-	-	2
Total	9	0	1	5

	2009/10 Actual		2008/09 Actual
Total programmes considered for approval/ re-approval across all providers	23		20

COST
	2009/10 Actual	2009/10 Budget	2008/09 Actual
Revenue	$481,665	$433,518	$424,085
Expenditure	$357,813	$401,111	$299,818
Surplus/(Deficit)	$123,852	$32,407	$124,267

 

 

 

RECONCILIATION OF OUTPUTS TO THE STATEMENT OF COMPREHENSIVE INCOME

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NON-TEACHER POLICE VETTING*
	2009/10 Actual	2009/10 Budget	2008/09 Actual
Revenue	$141,125	$84,455	$180,070
Expenditure	$136,663	$86,709	$151,031
Surplus/(Deficit)	$4,462	($2,254)	$29,039

 

RECONCILIATION
	2009/10 Actual	2009/10 Budget	2008/09 Actual
Teacher Registration	$516,135	$130,151	$233,692
Professional Standards	($390,185)	($435,465)	($390,197)
Professional Leadership	($1,308,818)	($1,716,840)	($1,244,439)
Teacher Education	$123,852	$32,407	$124,267
Net Surplus/(Deficit) Outputs	($1,059,016)	($1,989,747)	($1,276,677)
Non-Teacher Police Vetting*	$4,462	($2,255)	$29,039
Net Surplus/(Deficit)	($1,054,554)	($1,992,002)	($1,247,638)
*Due to the passing of the Education Amendment Act 2010 and effective 21 May 2010, the Council is no longer responsible for Non-Teacher Police Vetting.

 

Note: The 2009/10 Budget figures shown here are true and correct. Variation from the budget figures given in the Council's 2009/12 Statement of Intent are due to a printing error during publication.

 

 

 

ASSESSING ORGANISATIONAL HEALTH AND CAPABILITY

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PEOPLE

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STAFF TURNOVER
	2009/10	2008/09
Full Time Equivalent (FTE) staff Resignations	40.4 11	42.37 7
PROPORTION	27.23%	16.52%

 

 

GOOD EMPLOYER

 

The Council recognises that equality and diversity are key ingredients for organisational success. We are committed to integrating equality and diversity into all aspects of our work, as this will enable us to improve our services and to retain and attract talented staff.

 

The Council's 2009/12 Statement of Intent identified that the achievement of several measures would enable the evaluation of its performance as a good employer.

 

Implement a formal Equal Employment Opportunities programme driven by organisational values

• Findings from the Pay and Employment Equity study showed an overall staff perception that the Council currently provides Equal Employment Opportunities.

 

Ensure procedural fairness is maintained for all human resources strategies, systems and practices during 2009/10

• Procedural fairness has been maintained.

 

Employment of Māori and Pasifika staff is encouraged at all levels of the organisation

• Two Māori/Pasifika FTE staff employed this year (total FTE staff employed this year: eight).

 

INFORMATION COMMUNICATIONS TECHNOLOGY

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Several significant developments to Information Communications Technology (ICT) have occurred this year, enabling significant improvements to our processes and progress on current projects.

 

Infrastructure enabling the Council to match its records to the Ministry of Education was completed, and the first data match took place following legislative authorisation in May 2010. This initial match found a small percentage of unmatched records. The small percentage of records in question (remembering that 95,000+ teachers hold a current practising certificate) is likely due to efforts to improve data quality, and promote awareness of the importance of the registration process.

 

An electronic transfer system between the Council and New Zealand Police was launched this year. This allows significant improvements in the turnaround times for processing applications for practising certificates and enables further ICT opportunities.

 

The Council's website was refreshed and the updated site launched in May 2010. This concluded a considerable project to improve the accessibility, relevance and overall look-and-feel of the website.

 

FINANCIAL STRATEGY

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Reviewed, consulted on, and had new practising certificate fee approved by the Minister, for implementation in July 2010.

 

Despite a deficit in the 2009/10 financial year, the Council maintain a satisfactory level of working capital.

 

The Council continue to maintain a sound financial position through monitoring our financial performance on a monthly basis and conducting quarterly re-forecasts. This enables more transparency and accountability in our business functions.

 

We contract the accounting firm Grant Thornton to conduct monthly reviews of the management accounts to ensure the continuing high quality presentation of financial information to the entity and stakeholders.

 

 

 

FINANCIAL STATEMENTS

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STATEMENT OF RESPONSIBILITY

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We accept responsibility for the preparation of the following statements of account and the judgments used therein. The financial statements have been prepared on the basis of generally accepted accounting practice and in accordance with the Crown Entities Act 2004.

 

We acknowledge the establishment and maintenance of internal control procedures and these are considered to be sufficient to provide a reasonable assurance as to the integrity and reliability of financial and non-financial reporting.

 

In our opinion, the financial statements for the twelve months ended 30 June 2010 fairly reflect the financial position, the results of operations, the cash flows and service performance of the Council.

 

Alison McAlpine QSO JP New Zealand Teachers Council Chair 15 October 2010	Barbara Arnott New Zealand Teachers Council Chair (Audit & Risk Management Committee) 15 October 2010

 

 

STATEMENT OF COMPREHENSIVE INCOME

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FOR THE YEAR ENDED 30 JUNE 2010
	Note	2009/10 Actual $	2009/10 Budget $	2008/09 Actual $
Income Revenue Other operating income Finance income Total income	1	4,718,724 39,543 242,021 5,000,288	4,264,582 4,500 210,156 4,479,238	4,359,346 18,145 486,469 4,863,960
Expenses Employee benefit costs Depreciation and amortisation expense Other operating expenses Total expenses	3 4, 5 2	2,720,103 169,167 2,124,482 5,013,752	2,743,814 201,528 2,277,140 5,222,482	2,508,323 224,153 2,101,132 4,833,608
Core operating surplus/(deficit)		(13,464)	(743,244)	30,352
Special projects		1,041,090	1,248,758	1,028,837
Council elections		-	-	249,153
Net surplus deficit		(1,054,554)	(1,992,002)	(1,247,638)
Other comprehensive income		-	-	-
TOTAL COMPREHENSIVE INCOME FOR THE YEAR		(1,054,554)	(1,992,002)	(1,247,638)
Accompanying accounting policies and notes form an integral part of these financial statements.

 

 

STATEMENT OF MOVEMENTS IN EQUITY

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FOR THE YEAR ENDED 30 JUNE 2010
	Note	2009/10 Actual $	2009/10 Budget $	2008/09 Actual $
Public equity as at 1 July 2009		4,040,657	3,880,596	5,288,295
Total comprehensive income for the year		(1,054,554)	(1,992,002)	(1,247,638)
Public equity as at 30 June 2010		2,986,103	1,888,594	4,040,657
Accompanying accounting policies and notes form an integral part of these financial statements.

 

 

STATEMENT OF FINANCIAL POSITION

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FOR THE YEAR ENDED 30 JUNE 2010
	Note	2009/10 Actual $	2009/10 Budget $	2008/09 Actual $
Public equity Retained earnings/(losses) Total public equity		2,986,103 2,986,103	1,888,594 1,888,594	4,040,657 4,040,657
Represented by:
Assets Current assets Other investments Trade and other receivables Cash and cash equivalents Total current assets Non-current assets Property, plant and equipment Intangible assets Total non-current assets Total assets	9 7 8   4 5	2,874,262 125,697 3,110,245 6,110,204 207,453 126,081 333,534 6,443,738	2,197,479 75,000 1,788,427 4,060,906 251,103 180,968 432,071 4,492,977	3,984,450 194,012 2,709,577 6,888,039 243,569 154,864 398,433 7,286,472
Liabilities Current liabilities Deferred lease liability Trade and other payables Employee entitlements Total current liabilities Non-current liabilities Income in advance Total non-current liabilities Total liabilities	6 12 11	5,025 2,435,071 157,221 2,597,317   860,318 860,318 3,457,635	21,626 1,174,627 82,500 1,278,753   1,325,629 1,325,629 2,604,382	20,100 2,125,258 142,458 2,287,816   957,999 957,999 3,245,815
NET ASSETS		2,986,103	1,888,594	4,040,657
Working capital Working capital ratio		3,512,887 2.35	2,782,153 3.18	4,600,223 3.01
Accompanying accounting policies and notes form an integral part of these financial statements.

 

 

STATEMENT OF CASH FLOWS

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FOR THE YEAR ENDED 30 JUNE 2010
	Note	2009/10 Actual $	2009/10 Budget $	2008/09 Actual $
Cash flows from operating activities: Cash provided from Revenue Other operating income Finance income Total Cash provided from Cash applied to Payments to suppliers Payments to employees Net GST refunded/(paid) Total Cash applied to NET CASH FLOWS FROM OPERATING ACTIVITIES	10	4,741,870 39,543 329,724 5,111,137   (3,066,244) (2,705,340) 55,194 (5,716,390) (605,253)	3,893,235 4,500 210,156 4,107,891   (1,364,318) (2,743,814) - (4,108,132) (241)	4,829,951 12,697 536,708 5,379,356   (3,434,501) (2,584,257) (15,100) (6,033,858) (654,502)
Cash flows from investing activities: Cash provided from Sales of property, plant and equipment Sales of investments Total Cash provided from Cash applied to Purchase of property, plant and equipment Purchase of intangible assets Purchase of investments Total Cash applied to NET CASH FLOWS FROM INVESTING ACTIVITIES		-   3,584,925 3,584,925   (46,734)   (57,535) (2,474,735) (2,579,004) 1,005,921	-   - -   (75,500)   (85,000) (353,823) (514,323) (514,323)	-   802,042 802,042   (90,813)   (138,245) (708,905) (937,963) (135,921)
Net Increase in Cash and Cash Equivalents		400,668	(514,564)	(790,423)
Cash and Cash Equivalents at beginning of year	8	2,709,577	2,302,990	3,500,000
Cash and Cash Equivalents at end of year	8	3,110,245	1,788,427	2,709,577
Operating activities include all transactions and other events that are not investing or financing activities. Investing activities are those activities relating to the acquisition, holding and disposal of Property, Plant and Equipment and of investments. Investments can include securities not falling within the definition of cash. Financing activities are those activities that result in changes in the size and composition of the capital structure. This includes both equity and debt not falling within the definition of cash.
Accompanying accounting policies and notes form an integral part of these financial statements.

 

 

STATEMENT OF CONTINGENT LIABILITIES

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FOR THE YEAR ENDED 30 JUNE 2010
		2009/10 Actual $	2008/09 Actual $
Legal proceedings against New Zealand Teachers Council		10,000	20,000
Personal grievances		-	-
The New Zealand Teachers Council has identified above those contingent liabilities which it assesses may give rise to liabilities against the Council in the future. The Council is not aware of any personal grievances either impending or underway against the Council as at 30 June 2010 (2009: Nil). The legal proceedings against the Council are those cases that are currently in the Complaints/Disciplinary process as at 30 June 2010. The Council has had one case referred to the District and/or High Court in 2009/10. This is estimated to have legal costs of $10,000. (As at 30 June 2009, there were four cases).

 

 

STATEMENT OF COMMITMENTS

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FOR THE YEAR ENDED 30 JUNE 2010
		2009/10 Actual $	2008/09 Actual $
Non-cancellable commitments – operating lease commitments Not more than one year One to two years Two to five years Over five years		149,621 9,713 - -	332,313 149,621 9,713 -
The non-cancellable operating lease relates to the lease of three and a half floors of an office building. The lease on three floors was renegotiated in November 2007 and the lease for the remaining half floor was renegotiated in August 2008. The lease is due to expire on 31 October 2010 for levels 6, 7 and 9 and on 27 August 2011 for the level 8 half floor. The Council does not have the option to purchase the asset at the end of the lease term. There are no restrictions placed on the Council by its leasing arrangements.

 

 

SIGNIFICANT ACCOUNTING POLICIES

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REPORTING ENTITY

The Council is an autonomous Crown Entity as defined by the Crown Entities Act 2004 and is domiciled in New Zealand.

The Council’s primary objective is to provide public services, as opposed to making a financial return.

Accordingly, the Council has designated itself as a public benefit entity for the purposes of New Zealand Equivalents to International Financial Reporting Standards (NZIFRS).

The financial statements of the Council are for the year ended 30 June 2010, and were approved by the Council on 15 October 2010.

 

BASIS OF PREPARATION

The financial statements of the Council have been prepared in accordance with the requirements of the Crown Entities Act 2004, which includes the requirement to comply with New Zealand generally accepted accounting practice (NZGAAP).

The Council's financial statements comply with NZIFRS and other applicable Financial Reporting Standards, as appropriate for public benefit entities.

The accounting policies set out below have been applied consistently to all periods presented in these financial statements.

 

MEASUREMENT BASE

The measurement base adopted is historical cost, except where modified by the measurement of equity investments and derivative financial instruments at fair value.

Currency is in New Zealand dollars ($NZD).

 

CHANGES IN ACCOUNTING POLICIES

There have been no changes in accounting policies. All policies used for the preparation of the financial statements have been applied on a basis consistent with previous years other than those resulting from the transition to NZIFRS.

 

JUDGMENTS AND ESTIMATIONS

The preparation of financial statements in conformity to NZIFRS requires judgments, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. Where material, information on the major assumptions is provided in the relevant accounting policy or in the relevant note.

The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances. Subsequent actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis.

Revisions to accounting estimates are recognised in the period in which the estimate is revised when the revision affects only that period. If the revision affects both current and future periods, it is reflected in the respective period to which it relates.

 

DIFFERENTIAL REPORTING

The Council qualifies for differential reporting under the NZIFRS Differential Reporting Framework (3.8) with the size criteria exemption (3.9) as total gross income is less than $20 million and total assets are less than $10 million.

The Council has applied the following differential reporting exemptions:

NZ IAS 1 - Presentation of financial statements

 

NZ IAS 17 – Leases

 

NZ IAS 24 – Related party disclosure

 

NZ IFRS 7 – Financial instruments disclosure

 

BUDGET FIGURES

The budget figures are those approved by the Council at the beginning of the financial year. The budget figures have been prepared in accordance with NZ GAAP and are consistent with the accounting policies adopted by the Council for the preparation of the financial statements. They comply with NZIFRS and other applicable Financial Reporting Standards as appropriate for public benefit entities.

 

REVENUE

The Council derives revenue from the following:

 

Interest income is recognised using the effective interest method.

All other revenue is recognised when earned and is reported in the financial period to which it relates.

 

GOODS AND SERVICES TAX (GST)

All items in the financial statements are presented exclusive of GST, except for receivables and payables, which are presented on a GST inclusive basis. Where GST is not recoverable as an input tax then it is recognised as part of the related asset or expense.

The net amount of GST recoverable from, or payable to, the Inland Revenue Department (IRD) is included as part of the receivables or payables in the Statement of Financial Position.

The net GST paid to, or received from the IRD, including the GST relating to investing and financing activities, is classified as an operating cash flow in the statement of cash flows.

Commitments and contingencies are disclosed exclusive of GST.

 

INCOME TAX

The Council is a public authority in terms of the Income Tax Act 2004 and consequently is exempt from income tax.

 

ACCOUNTS RECEIVABLE

Accounts receivable are measured at their carrying value which approximates their fair value and subsequently measured at amortised cost using the effective interest method, less any provision for impairment.

Bad debts are written off during the period in which they are identified.

 

CREDITORS AND OTHER PAYABLES

Creditors and other payables are initially measured at their carrying values, which approximate their fair value and are subsequently measured at amortised cost using the effective interest method.

 

CASH AND CASH EQUIVALENTS

For the purposes of the Cash Flow Statement, cash and cash equivalents comprise deposits with banks together with bank and cash balances, net of bank overdrafts. Term deposits with terms of 93 days or less are classified as cash and cash equivalents.

 

TERM DEPOSITS

Investment in term deposits are initially measured at their carrying value which approximates their fair value plus transaction costs if any.

After initial recognition the term deposits are measured at amortised cost using the effective interest method.

For all term deposits, the Council considers whether, at each balance date, there is objective evidence that the Council will not be able to collect amounts due according to the original terms of the deposit. There were no impaired term deposits in the 2009/10 financial year.

 

RECOGNITION OF COST, ADDITIONS, DISPOSALS AND DEPRECIATION

Items of Property, Plant and Equipment are stated at cost less accumulated depreciation and impairment losses.

Depreciation is charged to the Statement of Comprehensive Income using the straight-line method. Depreciation is set at rates that will write off the cost or fair value of the assets, less their estimated residual values, over their useful lives. The estimated useful life and resulting rates are as follows:

 

Class of Asset	Estimated Life	Depreciation Rate
Office Equipment Computer Equipment Furniture and Fittings Office Fit-out	5 years 3 years 15 years 5 years	20% 33.3% 6.7% 20%

 

The residual value of assets is reassessed annually.

The cost of an item of property, plant and equipment is recognised as an asset only when it is probable that future economic benefits or service potential associated with the item will flow to the Council and the cost of the item can be measured reliably. Where an asset is acquired at no cost, or obtained for a nominal cost, it is recognised at fair value when control over the asset is obtained.

Where an item of plant and equipment is disposed of, the gain or loss recognised in the Statement of Comprehensive Income is calculated as the difference between the net sale price and the carrying amount of the asset.

Costs incurred subsequent to initial acquisition are capitalised only when it is probable that future economic benefits or service potential associated with the item will flow to the Council and the cost of the item can be measured reliably. The costs of day-to-day servicing of property, plant and equipment are recognised in the Statement of Comprehensive Income as they are incurred.

 

RECOGNITION OF INTANGIBLE ASSETS AND AMORTISATION

These are comprised of software acquisition and development including upgrades of existing software.

Amortisation is charged to the Statement of Comprehensive Income on a straight-line basis over the useful life. The estimated useful life is as follows:

 

	Estimated Life	Amortisation Rate
Acquired Software Developed Software	3 years 3 years	33% 33%

 

The intangible assets above are deemed to have finite lives.

Acquired computer software licences are capitalised on the basis of the costs incurred to acquire and to bring to use the specific software. Costs that are directly associated with the development of software for internal use by the Council, are recognised as an intangible asset. Direct costs include the software development, employee costs and an appropriate portion of relevant overheads.

Staff training costs are recognised as an expense when incurred. Costs associated with maintaining computer software are recognised as an expense when incurred. Costs associated with the development and maintenance of the Council's website are recognised as an expense when incurred.

 

IMPAIRMENT OF NON-FINANCIAL ASSETS

Property, plant and equipment and intangible assets that have a finite useful life are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the assets carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an assets fair value less costs to sell and value in use.

If an asset's carrying amount exceeds its recoverable amount, the asset is impaired and the carrying amount is written down to the recoverable amount.

The total impairment loss, or reversal of an impairment loss, is recognised in the Statement of Comprehensive Income.

 

EMPLOYEE ENTITLEMENTS

Short-term employee entitlements:

The Council does not have bonus schemes or long service leave available to staff.

 

SUPERANNUATION SCHEMES

Obligations for contributions to KiwiSaver and the Government Superannuation Fund are recognised as an expense in the Statement of Comprehensive Income as incurred.

 

OPERATING LEASES

Operating lease payments, such as rent, where the lessors effectively retain substantially all the risks and benefits of ownership of the leased items, are included in the Statement of Comprehensive Income. Operating lease expenses are recognised on a straight-line basis over the term of the lease.

 

FINANCIAL INSTRUMENTS

The Council uses financial instruments as part of its normal operations. These financial instruments include cash and cash equivalents, debtors, term deposits, and creditors. All financial instruments are recognised in the Statement of Financial Position and all revenues and expenses in relation to financial instruments are recognised in the Statement of Comprehensive Income. All financial instruments are recognised and stated at fair value.

 

COST ALLOCATION

The Council has four output classes outlined in the Statement of Intent. These are Teacher Registration, Maintenance of Professional Standards, Professional Leadership and Teacher Education. The Council has derived the cost of each output using the system outlined below:

 

 

NOTES TO THE FINANCIAL STATEMENTS

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NOTE 1: REVENUE
	2009/10 Actual $	2009/10 Budget $	2008/09 Actual $
Fees	3,624,094	3,373,288	3,538,099
Limited Authority to Teach	56,219	67,050	46,636
Non-Teacher Police Vetting	141,031	84,455	179,880
Provisional/Subject to Confirmation to Full	388,083	334,345	345,417
Crown	178,000	178,000	178,000
Teacher education approvals	68,501	42,000	46,619
Discipline recovered	4,484	5,000	24,694
Overseas teacher fees	97,705	113,778	-
Late fees	160,606	66,667	-
TOTAL	4,718,724	4,264,582	4,359,346

 

NOTE 2: OTHER OPERATING EXPENSES
	2009/10 Actual $	2009/10 Budget $	2008/09 Actual $
Administrative	1,234,804	1,259,012	1,232,409
Audit fees to Auditors External Audit Other Services	37,780 2,080	55,000 -	36,580 -
Professional/Consultancy fees	68,559	32,400	45,034
Advisory committees	20,237	39,861	38,337
Council member fees	180,163	212,573	164,757
Complaints/discipline	260,277	361,055	269,219
Rent	317,239	317,239	314,610
Loss on sale of property, plant and equipment	-	-	186
Doubtful debts	3,343	-	-
TOTAL	2,124,482	2,277,140	2,101,132

 

NOTE 3: EMPLOYEE BENEFIT COSTS
	2009/10 Actual $	2009/10 Budget $	2008/09 Actual $
Wages and salaries	2,531,516	2,585,633	2,338,613
Staff professional development	18,061	64,641	55,826
Superannuation	45,626	39,923	30,494
Kiwisaver employer contribution	23,242	26,238	5,461
Temporary staff	85,043	10,320	61,049
ACC levies	12,148	11,050	11,430
Payroll fees	4,468	6,010	5,449
TOTAL	2,720,103	2,743,814	2,508,323

 

NOTE 4: PROPERTY, PLANT AND EQUIPMENT
	Computer Equipment $	Office Equipment $	Office Fit-out $	Fixtures and Fittings $	Work in Progress $	TOTAL $
Balance at 30 June 2010 Cost Accumulated Depreciation and Impairment Carrying Value	207,349 176,094 31,255	133,625 88,581 45,044	284,504 249,036 35,468	163,291 67,605 95,686	- - -	788,769 581,316 207,453
Balance at 30 June 2009 Cost Accumulated Depreciation and Impairment Carrying Value	268,479 237,177 31,302	141,928 101,387 40,541	284,504 213,760 70,744	157,816 56,834 100,982	- - -	852,727 609,158 243,569

 

NOTE 5: INTANGIBLE ASSETS
	Acquired Software $
Balance at 30 June 2010 Cost Amortisation and Impairment Losses Carrying Amount	645,692 519,611 126,081
Balance at 30 June 2009 Cost Amortisation and Impairment Losses Carrying Amount	588,157 433,293 154,864
Intangibles are reviewed for impairment annually. There have been no indications of impairment in 2010 (2009: nil). The intangible assets have a useful life of three years.

 

NOTE 6: DEFERRED LEASE LIABILITY
This liability reflects the building owner contribution and rent holiday provided to the Council upon taking the lease for its premises at 93 The Terrace, Wellington. These contributions will be fully amortised by October 2010.

 

NOTE 7: TRADE AND OTHER RECEIVABLES
		2009/10 Actual $	2008/09 Actual $
Trade Receivables		64,967	48,329
Less: Provision for Doubtful Debts		(3,343)	-
Accrued Interest		37,416	125,119
Prepayments		26,657	20,564
GST Receivable		-	-
TOTAL		125,697	194,012
The carrying value of receivables approximates their fair value. All receivables are deemed collectable and no impairment allowance has been made.

 

NOTE 8: CASH AND CASH EQUIVALENTS
		2009/10 Actual $	2008/09 Actual $
Bank Balances		854,839	328,626
Term Deposits (93 days or less)		2,255,406	2,380,951
Cash and Cash Equivalents		3,110,245	2,709,577
CASH AND CASH EQUIVALENTS IN THE STATEMENT OF CASH FLOWS		3,110,245	2,709,577
The carrying value of short-term deposits with maturity dates of 93 days or less approximates their fair value. The weighted average effective interest rate for term deposits is 4.32% (2009: 4.61%)

 

NOTE 9: TERM DEPOSITS (as at Balance Date)
		2009/10 Actual $	2008/09 Actual $
Term Deposits less than 93 days		2,255,406	2,380,951
Term Deposits greater than 93 days		2,874,262	3,984,450
TOTAL VALUE OF TERM DEPOSITS		5,129,668	6,365,401
The weighted average effective interest rate for term deposits is 4.32% (2009: 4.61%)

 

NOTE 10: RECONCILIATION OF SURPLUS FOR THE PERIOD WITH NET CASH FLOWS FROM THE OPERATING ACTIVITIES
		2009/10 Actual $	2008/09 Actual $
Surplus/(deficit) for the period		(1,054,554)	(1,247,638)
Add back non-cash items Depreciation and assets written off Loss/(gain) on sale of fixed assets Amortisation Total non-cash items		82,850 - 86,317 169,167	81,214 186 142,939 224,339
Movements in working capital (increase)/decrease in accrued interest (increase)/decrease in prepayments (increase)/decrease in trade and other receivables (increase)/decrease in trade and other payables (increase)/decrease in GST payable (increase)/decrease in fees received in advance (increase)/decrease in employee benefits (increase)/decrease in deferred lease liability (increase)/decrease in accruals Net movement in working capital		87,703 (6,093) (13,296)   115,850 55,196 36,442 14,763 (15,076) 4,645 280,134	50,239 (298) (48,217)   15,795 (15,100) 513,375 (75,934) (15,074) (55,989) 368,797
NET CASH INFLOW/(OUTFLOW) FROM OPERATING ACTIVITIES		(605,253)	(654,502)

 

NOTE 11: EMPLOYEE ENTITLEMENTS
		2009/10 Actual $	2008/09 Actual $
Current Liabilities Liability for annual leave Accrual for sick leave		151,771 5,450	135,725 6,734
TOTAL		157,221	142,458

 

NOTE 12: TRADE AND OTHER PAYABLES
		2009/10 Actual $	2008/09 Actual $
Trade Payables		423,105	307,255
GST Payable		60,722	5,528
Income in advance		1,799,820	1,665,696
Other non-trade payables and accrued expenses		151,424	146,779
TOTAL		2,435,071	2,125,258
Trade payables and other payables are non-interest bearing and are normally settled on 30-day terms; therefore the carrying value and other payables approximates their fair value.

 

NOTE 13: COUNCIL MEMBER REMUNERATION
	2009/10 Actual $	2008/09 Actual $
Chair Kathy Smith (until 31 January 2010) Alison McAlpine (from 1 February 2010) Total Chair remuneration	30,581 26,318 56,899	44,975 - 44,975
Council Members Barbara Arnott Nola Hambleton (until 30 October 2008) Lyn Brash Margaret Franken (until 15 June 2009) Irene Symes (until 31 December 2008) Diane Leggett (until 31 December 2008) Jill Page (until 30 November 2008) Margaret Smith (until 30 January 2009) Steve Wood (until 3 October 2009) Diane Wills (from 1 January 2009) Jenny Varney (from 1 October 2008) Ken Wilson (from 1 October 2008) Louise Green (from 1 January 2009) Megan Cassidy (from 1 October 2008) Pat Newman (from 1 October 2008) Makoha Gardiner (from 18 November 2009) Kevin Knight (from 18 November 2009) Total Council members	13,741 - 14,629 - - - - - - 12,106 12,983 11,122 14,245 12,329 13,710 12,513 5,886 123,264	11,916 3,310 14,632 16,089 5,882 7,679 8,128 6,930 3,273 6,780 3,742 9,240 7,336 7,814 7,031 - - 119,782
TOTAL COUNCIL FEES	180,163	164,757
There are a number of members whose daily fee is paid directly to their school, centre or organisation. These Council members are being paid by their institutions and appropriately do not accept a payment for services to the Council. The Council has had Director's and officers liability and professional indemnity insurance in place during the financial year in respect of the liability or costs of the Council members and employees. Until 31 January 2010, the Council Chair received a daily meeting fee of up to $700. From 1 February 2010 the Council Chair received a daily meeting fee of up to $655. The Council members received a daily meeting fee of $385 plus a preparatory fee of $192.50.

 

NOTE 14: EMPLOYEE REMUNERATION
		2009/10 Actual $	2008/09 Actual $
100,000 – 109,999		1	3
110,000 – 119,999		2	2
120,000 – 129,999		1	-
130,000 – 139,999		1	-
160,000 – 169,999		-	1
170,000 – 179,999		1	-
The Directors total remuneration falls in the 170,000 – 179,999 band. During the year ended 30 June 2010, 1 employee received compensation and other benefits in relation to cessation totalling $39,870 (2009: $4,776).

 

NOTE 15: SUBSEQUENT EVENTS
There are no significant events subsequent to balance date.

 

NOTE 16: EXPLANATION OF FINANCIAL VARIANCES FROM BUDGET

STATEMENT OF COMPREHENSIVE INCOME Revenue Total income is over budget by $521,050. Fees $250,807 Projected fee income is based on the practising certificate expiry date. The Council saw an increase in renewals by 28.66% against budget or the equivalent of 4,700 applications, with a significant proportion of the increase occuring in the final six week period prior to the end of the financial year. This marked increase was due to the announcement of an increase to the triennial practising certificate fee. The Council experienced lower than expected new registration applications of (1.93%) against budget or the equivalent of 260 applications. Late Fee $93,939 This new revenue stream has exceeded the Council's expectations and highlights the need to penalise those applying without a current practising certificate or LAT authorisation while they have continued to be employed in a teaching position. Expenditure Total expenditure is under budget by ($416,398). Other operating expenses ($152,658) The expenditure associated with the investigation and hearings in the complaints/discipline area was below the Council's expectations by $100,778 for the year. The costs of the hearings were managed as efficiently as possible. Special Projects ($207,668) The expenditure was lower than expected due to the costs of some projects being deferred to 2010/11 and later financial years.

 

NOTE 17: RELATED PARTIES
Identity of related parties The Council is an autonomous Crown Entity and receives an annual grant from the Ministry of Education of $178,000 (2009: $178,000) and all conditions of the grant have been met in the financial year. The Council enters into transactions with government departments, State-Owned Enterprises and other Crown Entities. Those transactions occur on an arm's length basis.

 

 

 

 

Audit Report

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To the readers of the New Zealand Teachers Council’s financial statements and Statement of service Performance

 

FOR THE YEAR ENDED 30 JUNE 2010

 

The Auditor-General is the auditor of the New Zealand Teachers Council (the Council). The Auditor-General has appointed me, Phil Kennerley, using the staff and resources of Audit New Zealand, to carry out the audit on her behalf. The audit covers the financial statements and statement of service performance included in the annual report of the Council for the year ended 30 June 2010.

 

UNQUALIFIED OPINION

 

In our opinion:

 

The audit was completed on 15 October 2010, and is the date at which our opinion is expressed.

The basis of our opinion is explained below. In addition, we outline the responsibilities of the Council and the Auditor, and explain our independence.

 

BASIS OF OPINION

 

We carried out the audit in accordance with the Auditor-General's Auditing Standards, which incorporate the New Zealand Auditing Standards.

 

We planned and performed the audit to obtain all the information and explanations we considered necessary in order to obtain reasonable assurance that the financial statements and statement of service performance did not have material misstatements, whether caused by fraud or error.

 

Material misstatements are differences or omissions of amounts and disclosures that would affect a reader’s overall understanding of the financial statements and statement of service performance. If we had found material misstatements that were not corrected, we would have referred to them in our opinion.

 

The audit involved performing procedures to test the information presented in the financial statements and statement of service performance. We assessed the results of those procedures in forming our opinion.

 

Audit procedures generally include:

 

 

We did not examine every transaction, nor do we guarantee complete accuracy of the financial statements and statement of service performance.

 

We evaluated the overall adequacy of the presentation of information in the financial statements and statement of service performance. We obtained all the information and explanations we required to support our opinion above.

 

RESPONSIBILITIES OF THE COUNCIL AND THE AUDITOR

 

The Council is responsible for preparing the financial statements and statement of service performance in accordance with generally accepted accounting practice in New Zealand. The financial statements must fairly reflect the financial position of the Council as at 30 June 2010 and the results of its operations and cash flows for the year ended on that date. The statement of service performance must fairly reflect, for each class of outputs, the Council’s standards of delivery performance achieved and revenue earned and expenses incurred, as compared with the forecast standards, revenue and expenses adopted at the start of the financial year. The Council’s responsibilities arise from the Crown Entities Act 2004.

We are responsible for expressing an independent opinion on the financial statements and statement of service performance and reporting that opinion to you. This responsibility arises from section 15 of the Public Audit Act 2001 and the Crown Entities Act 2004.

 

INDEPENDENCE

 

When carrying out the audit we followed the independence requirements of the Auditor-General, which incorporate the independence requirements of the New Zealand Institute of Chartered Accountants.

 

Other than the audit, we have no relationship with or interests in the Council.

 

 

 

 

Phil Kennerley

Audit New Zealand

On behalf of the Auditor-General

Wellington, New Zealand

 

Matters relating to the electronic presentation of the audited financial statements and statement of service performance

This audit report relates to the financial statements and statement of service performance of New Zealand Teachers Council (NZTC) for the year ended 30 June 2010 included on NZTC's website. The Council is responsible for the maintenance and integrity of NZTC's website. We have not been engaged to report on the integrity of NZTC's website. We accept no responsibility for any changes that may have occurred to the financial statements and statement of service performance since they were initially presented on the website. 

The audit report refers only to the financial statements and statement of performance named above. It does not provide an opinion on any other information which may have been hyperlinked to or from the financial statements and statement of service performance. If readers of this report are concerned with the inherent risks arising from electronic data communication they should refer to the published hard copy of the audited financial statements and statement of service performance as well as the related audit report dated 15 October 2010 to confirm the information included in the audited financial statements and statement of service performance presented on this website.

Legislation in New Zealand governing the preparation and dissemination of financial information may differ from legislation in other jurisdictions.

 

 

SUPPORTING INFORMATION

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DISCLOSURE OF FEES 2009/10

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Until 31 January 2010 the Council Chair received a daily meeting fee of up to $700. From 1 February 2010 the Council Chair received a daily meeting fee of up to $655. Council members receive a daily meeting fee of $385 plus a preparatory fee of $192.50.

Additional payment is made for preparation time, including for those on the DT or one of the panels of the CAC.

Remuneration through fees to the Council members is all inclusive and no other consultancy of ex gratia payments or benefits are provided.

There are a number of members whose daily fee is paid directly to their school, centre or organisation. These Council members are being paid by their institutions and appropriately do not accept a payment for services to the Council.

 

DISCIPLINARY TRIBUNAL The DT Chair receives a daily meeting fee of $900. Members receive a daily meeting fee of $415.
Kenneth Johnstone: Chair	$22,978
Barbara Arnott	$815
Graeme Gilbert	$1,660
Judith Catton	$1,868
Lorraine Skiffington	-
Megan Cassidy	$2,023
Patrick Walsh	$3,416
Tessa M Hunia	$830
Vivianne Murphy	$1,205

 

COMPLAINTS ASSESSMENT COMMITTEE The CAC Convenor and Chairs receive a daily meeting fee of $475. Members receive a daily meeting fee of $385.
Lyn Brash: Convenor	$12,542
Graeme Oldershaw: Chair	$10,925
Jain Gaudin: Chair	$13,165
Alison Stockwell	$6,610
Denis Cocks	$5,967
Irene Symes	$2,950
Jane Culhane	$6,609
Jenny Varney	$9,090
Jill Page	$797
Keith Lees	$10,395
Margaret Smith	$578
Pat Newman	$5,240
Sandy Radford	$8,470
Stephanie Norrie	$4,962
William Noble	$9,795

 

EARLY CHILDHOOD EDUCATION ADVISORY GROUP
Helen May: Convenor	$870
Amanda Coulson	-
Arapera Royal Tanaera	-
Barbara Backshall	$449
Eneleata Tapusoa	$215
Hinerangi Korewha	$191
Jacqui Heywood	-
Margaret Barclay	$382
Valarie Kay Lloyd-Jones	$968

 

MĀORI MEDIUM ADVISORY GROUP
Tony Trinick: Convenor	$1,305
Arthur Savage	$621
Hineihaea Murphy	$1,290
Liz Patara	$285
Patricia Haromi Williams	$1,218
Piripi Blake	-
Robyn Hata	$435
Winnie Emery	$538

 

DIRECTORY

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New Zealand Teachers Council

Te Pouherenga Kaiako o Aotearoa

PO Box 5326

Level 7

93 The Terrace

Wellington

 

Telephone: (04) 471 0852

Facsimile: (04) 471 0870

Email: inquiries@teacherscouncil.govt.nz

Website: www.teacherscouncil.govt.nz

 

Legal Counsel

Harbour Chambers

Level 10

Equinox House

111 The Terrace

Wellington

 

Auditor

Audit New Zealand

Level 8

St Paul's Square

45 Pipitea Street

Wellington

 

Accountants

Grant Thornton

Level 13

AXA Building

80 The Terrace

Wellington

 

Insurers

Marsh Insurance Limited

PO Box 699

Wellington

 

Bankers

Bank of New Zealand

North End Branch

100 Lambton Quay

Wellington

 

 

 

 

 

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