Commonwealth Scientific and Industrial

“In accordance with the science and industry research act 1949, the government through their appointed minister, may give to the board, in writing, directions and guidelines with respect to the performance of the functions, or the exercise of the powers, of the board or of the organisation, and the board shall ensure that any directions or guidelines so given are complied with.”

“See schedule o narrative for form 990, part vi, section a, line 7a.”

“Process used to review the form 990 csiro has a taxation unit within the finance department handling the organisations' taxation compliance matters. Form 990 is prepared from csiro's audited financial statements, which are available on csiro's public website. The form is prepared by a tax advisor, reviewed by finance and hr management and the chief finance officer. The return is prepared with the assistance and review of qualified tax accountants from a u.s. Big four accounting firm.”

“Monitoring and enforcement of compliance with conflict of interest policy under the csiro terms and conditions of service, all staff have an obligation to report and where possible avoid conflict of interest in their work. The conflict of interest policy provides guidance on how staff comply with this requirement. In addition, senior staff are required to complete a return of their private interest and those of their immediate families to a declaration officer. This is updated annually so that the potential for conflict of interest can be identified and reported.”

“Process for determining compensation csiro's ceo's remuneration is set within limits determined by the australian government remuneration tribunal. The remuneration tribunal is an independent statutory body that handles the remuneration of key commonwealth officers. All of csiro's employees are located outside of the us. Accordingly, the amounts are not reported on a form w-2, or form w-3.”

“Process for making documents available to the public audited financial statements and organisation structures are available on csiro's website for any interested parties. Specific governing documents and conflict of interest policy are not available to the general public. However, they may upon request be made available under the freedom of information act in australia.”

“All relevant financial information, including comparative figures for the year ended 30 june 2023 for part a, viii to xi have been converted from australian dollars (aud) to us dollars (usd) using the average exchange rate for the year ended 30 june 2024 as prescribed by the australian tax office (ato). The rate was aud $1.00 = usd $0.6556 and rounded to the nearest us dollar. However, for part x column a beginning of the year, the exchange rate used was aud $1.00 = usd $0.6734, being the average exchange rate for the year ended 30 june 2023 as prescribed by the ato.”

“Csiro is an independent australian government research agency, constituted and operating under the provisions of the science and industry research act (i.e. An act of the australian government) and the financial rule made under section 41(2) and 42(2) of the public governance, performance and accountability act 2013. Csiro is not required to file form w-3 and is reporting total number of employees in this line.”

“Movement due to foreign exchange -47,254,808. Change in asset revaluation reserve 119,108,752. Increase in contributed equity 33,238,920. Other changes in reserves -3,801.”

“Financial statements and reporting csiro as an australian government entity, is required to be audited by the australian government auditor general.”