Through our financial audits, we examine controls relating to financial reporting and compliance. We focus on controls that are common across entities, and we are consistent with the principles in the Financial and Performance Management Standard 2019.

This fact sheet helps entities understand our assessments and provides guidance on how to use our tool to assess their level of maturity and identify improvement opportunities.

The assessment is scalable to an entity’s size and complexity, and because it is principles-based, it is a valuable tool for all.