The Queensland Audit Office audits the financial statements of all public sector entities. Financial statements are an important part of a public sector entity’s accountability framework. Each entity must include its audited financial statements in its annual report. Our audit responsibilities extend to aspects of an entity’s annual report.

The auditing standard, ASA 720 The Auditor’s Responsibilities Relating to Other Information, which applies to all audits of financial reports, requires auditors to review an entity’s annual report.

This fact sheet explains our responsibilities and those of entity management for an entity’s annual report, the timing of these obligations and the impact this work has on our audit report.