The Queensland Audit Office (QAO) has developed a financial reporting preparation maturity model to help our clients improve their processes.
The impacts of cyber attacks, and malicious or inadvertent actions of employees, present a very real risk.
Media reports show an alarming trend of growing cyber security attacks and corporate espionage.
Minutes of board meetings and other governance bodies are documented evidence of decisions, and decision-making processes. When they are well drafted, they support good governance and demonstrate transparency.
The Office of the Chief Advisor—Procurement has published new guidelines for disclosing government-awarded contracts. And for using and disclosing confidentiality provisions.
Technological advances now enable departments to use a range of services that combine into wider technology ecosystems.
Audit committees are typically assigned a broad range of responsibilities under their charters.
We sometimes assess how effective entities are in monitoring and managing major projects and programs. For example, we may look at how effective an entity is in monitoring progress, and managing situations when things don’t go to plan.
Each year, the Queensland Audit Office (QAO) measures the timeliness and quality of public sector financial statements.
We report on the results of these measures to parliament.
Long-term contracts need to be well managed, so agencies can realise the expected benefits.