Presented by:
Karen Johnson - Assistant Auditor General, Specialist Auditor Services

This session for departments and statutory bodies focussed on how QAO in partnership with the public sector can improve financial reporting. Making financial reports more accessible, readable and meaningful to the users has been on the radar for international accounting standard setters for several years. The 2015 Technical Audit Update covered three interrelated topics: simplification of financial reports, addressing disclosure requirements of new accounting standards and accounting for organisational changes.