Report Date: 24 Nov 2017

The ACT Audit Office’s reports on financial statements and statements of performance inform the ACT Legislative Assembly and community members on whether ACT Government directorates, authorities, companies and other entities (reporting agencies) have presented a true and fair view of their financial results and operating performance.

In 2016‐17, the Audit Office conducted:

• audits of 55 financial statements prepared by ACT Government directorates, authorities and companies, and other entities in which the ACT Government has a financial interest;
• reviews of 25 statements of performance prepared by ACT Government directorates and authorities; and
• a compliance audit on the Public Trustee and Guardian’s compliance with the ‘Public Ancillary Fund Guidelines 2011’.

This report summarises the results of the audits and reviews described above. Also included is a summary of the Audit Office’s assessment of the overall quality and timeliness of reporting by the reporting agencies and the accuracy of the financial and performance information included in reporting agencies’ annual reports.