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This month's featured article
Financial reporting in uncertain times – our new fact sheet is available
Periods of uncertainty can affect how public sector entities prepare and present their financial statements. To help entities navigate this, we recently published the fact sheet Financial reporting considerations in uncertain times. This blog highlights the main guidance it provides.
Recent posts
The Queensland Audit Office’s annual update for chief financial officers, and entity staff who are involved in preparing financial statements, helps us collaborate on emerging issues and any changes to financial reporting or auditing requirements.
Through our audits of major capital projects, the Queensland Audit Office (QAO) has developed insights to assist our auditors and clients in determining when to start capitalising project costs. This blog shares these insights as a guide and outlines how we will engage with our clients.
Major infrastructure projects are increasingly complex, relying on contractors with specialised skills to deliver on time and within budget.
As the end of the year draws closer, now is the time to think about the fundamentals of your internal control environment and ensure staff working over the holiday break are fraud aware.
When designed and delivered well, government grants can help achieve important outcomes – from supporting communities and small businesses to encouraging innovation and investment.
The use of artificial intelligence (AI) is growing across the public sector as entities seek to leverage its potential and find opportunities to deliver services more efficiently and effectively.
Computers were first introduced across the Queensland public sector in the 1960’s, paving the way for a new age of opportunities powered by data and analytics.
Our first blog in this series explored new climate-related financial disclosure reporting requirements, including which entities are in scope and when reporting will phase in.
After 37 years in the public sector, I’m proud to say that being an auditor has been more than a career – it’s been a journey filled with purpose, people, and plenty of stories.
Ever wondered how the Queensland Audit Office chooses what to audit? We’ve just published our new 3-year forward work plan, which explains what we are auditing, when, and why.