Bendigo Kangan Institute 2019 Annual Report
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2019 ANNUAL Annual Report 2019 REPORT Bendigo Kangan Institute Bendigo Kangan Institute Bendigo Kangan Report objectives This Annual Report is the principal medium through which Bendigo Kangan Institute (BKI) communicates its accountability to the Victorian Parliament and stakeholders, and provides a summary of the Institute’s operations, achievements and financial affairs for the 2019 calendar year. The BKI Board has implemented and maintained a process to ensure this Annual Report is prepared in accordance with the relevant directions, instructions and applicable Australian accounting standards, including but not limited to the following: • Education and Training Reform Act 2006 (ETRA) • Constitution of the Bendigo Kangan Institute Order 2016 • Directions of the Minister for Training and Skills and Minister for Higher Education (or predecessors) • Commercial Guidelines – TAFE institutes • Strategic Planning Guidelines – TAFE institutes - 2013 • Public Administration Act 2004 • Financial Management Act 1994 • Freedom of Information Act 1982 • Building Act 1983 • Protected Disclosure Act 2012 • Local Jobs First Act 2003 The financial statements in the Annual Report have been approved by the BKI Board following their review and endorsement by the Board’s Audit and Risk Management Committee. Contents Introduction Our business units and strategic intent: BKI2020 ..........................................................................................................................................2 Board Chair’s welcome ...........................................................................................................................................................................................3 CEO’s report ...............................................................................................................................................................................................................4 Performance statement for 2019 ..........................................................................................................................................................................6 Victorian Auditor-General’s report – Performance statement ....................................................................................................................7 Performance statement – key performance indicators ................................................................................................................................8 Financial summary ....................................................................................................................................................................................................9 Our organisation Our Organisation .....................................................................................................................................................................................................10 Board and governance ..........................................................................................................................................................................................11 Organisation chart ..................................................................................................................................................................................................14 Our TAFE students ..................................................................................................................................................................................................15 Overseas operations ............................................................................................................................................................................................. 17 Workforce data.........................................................................................................................................................................................................18 Occupational health and safety ..........................................................................................................................................................................21 Compliance information Freedom of information ....................................................................................................................................................................................... 23 Protected disclosures ........................................................................................................................................................................................... 23 Financial management compliance attestation ........................................................................................................................................... 23 Compliance with Carers Recognition Act ......................................................................................................................................................24 Compliance with Child Safe Standards ...........................................................................................................................................................24 National competition policy ................................................................................................................................................................................24 Compulsory non-academic fees, subscriptions and charges .................................................................................................................24 Building and maintenance ..................................................................................................................................................................................25 Environmental performance and impacts ......................................................................................................................................................25 Local Jobs First – Victoria Industry Participation Policy ............................................................................................................................26 Overseas and domestic travel ........................................................................................................................................................................... 27 Major commercial activities................................................................................................................................................................................. 27 Advertising expenditure....................................................................................................................................................................................... 27 Consultancies expenditure ................................................................................................................................................................................. 27 Information communication technology expenditure ................................................................................................................................ 27 Financial report Victorian Auditor-General’s report ....................................................................................................................................................................29 Declaration by the Board Chair, Chief Executive Officer and Chief Finance and Accounting Officer .......................................30 Financial statements and notes ..........................................................................................................................................................................31 Disclosure index Disclosure index ..................................................................................................................................................................................................... 73 1 Introduction Introduction Encompassing a history of over 165 years of education Striving to be acknowledged as a leader in work and life and training, the Bendigo Kangan Institute (BKI) Group is skills, we employ over 1,000 staff servicing over 42,000 an organisation that comprises of the following strategic student enrolments plus skills assessments each year. We business units: are committed to minimising our environmental impact and supporting social initiatives that benefit our local communities, 1. Kangan Institute (centred in Broadmeadows) and while providing quality training and development programs to Bendigo TAFE (centred in Bendigo): prominent both our local and international students. providers of vocational education and training (VET) for metropolitan and regional Victoria respectively. Our Strategic Intent: BKI2020 2. VETASSESS: a leading Australian Assessing Authority and independent assessment-only registered training Our Strategic Intent outlines our overall vision, purpose, organisation for clients nationally and internationally. strategic goals and values together with identifying key strategic directions aimed at developing and improving our 3. eWorks: an e-learning hosting, content and consultancy training services that reflect both industry and student needs specialist. while ensuring the Institute is financially sustainable. With its strong commitment to TAFE by the Victorian Government through its Skills First policy, and with the continued support by our industry partners and advisory boards, BKI has worked energetically