Reports
Actions for Volume Ten 2014 Focusing on Treasury and Finance (including Superannuation and Insurance)
Volume Ten 2014 Focusing on Treasury and Finance (including Superannuation and Insurance)
The quality of financial reporting in the Finance and Treasury cluster continues to improve with fewer reported misstatements over the last three years. The financial statements of all cluster agencies received unqualified audit opinions, except for the New South Wales Self Insurance Corporation.
Actions for Volume One 2014 - Areas of focus from 2013
Volume One 2014 - Areas of focus from 2013
Today the Auditor-General of New South Wales, Grant Hehir, released his Volume One Report to Parliament for 2014. The observations included in this report are designed to inform readers of common findings from the 2013 financial and performance audits so agencies and audit committees can use them to identify issues that may be relevant to their organisations.
Actions for Implementing Asset Management Reforms
Implementing Asset Management Reforms
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;
Actions for Follow-up of Performance Audit: Collecting Outstanding Fines and Penalties
Follow-up of Performance Audit: Collecting Outstanding Fines and Penalties
Periodically we review the extent to which agencies have implemented the recommendations they accept from our earlier audits. This gives Parliament and the public an update on the extent of progress made. In this follow-up audit, we examine changes following our April 2002 report on how well the State Debt Recovery Office (under the Office of State Revenue) was collecting outstanding fines and penalties. Parliamentary reference - Report number
Actions for Review of Walsh Bay
Review of Walsh Bay
The decision to seek development of Walsh Bay without a Master Plan and/or detailed study as to the state of the precinct presented significant problems throughout the life of the project. Now, four years later, negotiations still continue on the details of the final scheme. Based on the latest estimates, it will not provide a financial return as was originally expected. The audit found no evidence to indicate why the former Government wished to expedite