Each year, the Queensland Audit Office (QAO) holds an in-person and live-streamed event for all its clients’ chief finance officers and financial managers.

You can't know whether you are successful unless success is defined and tracked.

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.

Regulation is a core function of government, overseeing services that touch all our lives – from the safety of our drinking water, and rehabilitation of old mine sites, to the quality of our kindergarten services.

Many organisations often underestimate the importance and value of a comprehensive contract register. 

This is a common question about the work that we do at Queensland Audit Office (QAO).

Financial loss is something entities clearly work hard to avoid, but if it does happen, entities can learn from their experiences and allow us to share common insights and advice with others.

Governments often need to make decisions and implement policies in a rapidly evolving environment, such as when responding to natural disasters or other economic and environmental crises. The urgency of the COVID-19 pandemic is a similar example.