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Managing risk in major infrastructure projects
Queensland is delivering one of the largest and most complex transport infrastructure programs in its history. This blog looks at risk management in major transport projects and outlines the practical steps entities can take using Queensland Treasury’s Project Assessment Framework.
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Management reporting is a critical process that gives your entity’s leaders the information they need to make important decisions.
I began my journey at the Queensland Audit Office (QAO) in February 2021, in the middle of the COVID-19 pandemic.
It goes without saying that protecting important information assets with secure systems is critical to Queensland’s economic and security interests.
Knowing how public sector and local government entities are progressing in implementing audit recommendations gives us, parliament, audit clients, and the wider community important information on the improvement of public service delivery.
With another 31 December financial year ending, finance teams across the state are pulling together financial statements for their entities.
Queenslanders may not be aware of the role or occurrence of government regulation in their day-to-day lives.
Last year’s hot topic has carried forward to this financial year – the implications of the IFRS Interpretations Committee’s (IFRIC’s) agenda decision Configuration or Customisation Costs in a Cloud Computing Arrangement (April 2021).
Internal controls are the people, systems, and processes that ensure an entity can achieve its objectives, prepare reliable financial reports, and comply with applicable laws.
In some shape or form, a belief in better public services has been a cornerstone for QAO over the past 160 years. In recent times, it’s been an articulated part of our vision. And I’ve been proud to be part of that for the past 40 years.
Our Annual report 2020–21 tabled in parliament yesterday, 30 September 2021. You can read our annual report here.