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What to include in a risk register
A well-maintained risk register helps management identify, prioritise, and respond to risks effectively. All entities, regardless of size, complexity, or service delivery role, should document and regularly update their risks in a risk register to support effective management and ongoing monitoring. In this blog, we highlight why a reliable risk register is integral to managing risk and what it should include.
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Our new 3-year Forward work plan 2023–26 is available on our website:
Public sector entities in Queensland – both state and local governments – collectively manage approximately $475 billion in infrastructure assets to service the needs of the community.
In today’s complex and ever-changing business environment, public sector entities need to recognise the importance of a well-developed and clearly articulated strategy.
The position of Auditor-General has existed in Queensland for over 160 years. But did you know, today’s Queensland Audit Office was created 30 years ago?
When setting up a contract, entities often focus on securing the best deal as quickly as possible. But they may race into contractual arrangements without allowing sufficient time to properly consider and craft the terms and conditions.
Financial sustainability is a common and enduring challenge for councils because of their geographic location, local population numbers, and the number and type of services they deliver for their communities.
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.
A key part of QAO’s Graduate program is giving staff the opportunities and support they need to develop and grow right from the beginning.
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.