Skip to main content

Public sector entities in Queensland – both state and local governments – collectively manage approximately $475 billion in infrastructure assets to service the needs of the community.

We are all aware of the saying, ‘by failing to plan, you are preparing to fail’. But sadly, this is an all-too-common observation we make when we audit contract management.

Audit quality has been at the forefront of the minds of regulators, standard setters, and stakeholders in Australia and overseas for many years.

Regulation is a core function of government, ensuring services that touch all our lives are safe and fair. Regulators need to plan their compliance and monitoring programs well, but this provides little value if they do not act on their plans.