Communiques

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Farewell – Rod Whitehead

Good morning, Today marks the end of my 8-year term as Tasmania’s Auditor-General. It has been a privilege to serve …

Addition to the council general manager recruitment, appointment and performance assessment report

As part of our audit into the recruitment and performance assessment of general managers across the state, the Auditor-General will …

Disclosure of underlying result by Government businesses

Guidance paper – disclosure of underlying result by Government businesses This guidance is intended to assist government businesses in assessing …

Senior Staff Changes – Tasmanian Audit Office

Senior Staff Changes This news alert is to announce recent senior staffing changes within the Tasmanian Audit Office. Previous Deputy …

Impact of COVID-19 on financial statement audit reports

Impact of COVID-19 on financial statement audit reports This article discusses the impact COVID-19 may have on our audit reports …

Local Government Model Financial Report 2020

The Local Government Model Financial Report has been updated for the 2020 financial year. The most significant changes are due …

Local Government Underlying Result Calculation (revised June 2020)

This revision is due to COVID-19 The intent of the underlying result is to show the outcome of a council’s …

COVID-19 Impact on Financial Statement Submission Deadlines under the Audit Act 2008

COVID-19 Impact on Financial Statement Submission Deadlines under the Audit Act 2008 The Audit Act 2008 (Audit Act) requires, pursuant …

Accounting for breaches of debt covenants

The impact of COVID-19 can result in a significant deterioration in operating results and financial positions which may in turn …

Impact of COVID-19 on valuations of non-financial assets

This article considers some of the impacts COVID-19 may have on the valuation of non-financial assets for financial reporting purposes. …