This report focuses on key observations and findings from 2016 audits and highlights key areas of focus for financial and performance audits in 2017.
The quality and timeliness of financial reporting continued to improve across the NSW public sector in 2016. Only one qualified audit opinion was issued and most agencies signed their financial statements on time.
We found the Government’s cluster governance arrangements were unclear and inconsistently i
The Museum is doing much to improve access to its collections. However, as with other natural history museums, only a small proportion is on public display. Its efforts range from placing information on the internet for use by the public and scientific users, to helping indigenous Australian and Pacific Islander communities reconnect with their respective cultures.
Parliamentary reference - Report number #203 - released 1 September 2010
Hospitals, schools, public housing, roads, bridges, buses and trains are just some of the assets used by government in providing services to citizens.
The NSW Government’s asset base is impressive in size - with a value of around $167 billion and with government plans to spend around $8 billion acquiring or replacing assets in the current year. Another $2 billion is spent each year on maintenance.
Good asset management is very important to government;