Audit of State entities and audited subsidiaries of State entities 2018-19

About this report

Report of the Auditor-General No. 6 of 2019-20

Auditor-General’s Report on the Financial Statements of State entities

Volume 2

Audit of State entities and audited subsidiaries of State entities 2018-19

This report is the second Volume for the 2018-19 financial audits and summarises the outcomes of audits of financial statements of State entities and audited subsidiaries of State entities for the year ended 30 June 2019.

This Report includes summaries relating to:

  • the timeliness of financial reporting
  • audit opinions on financial statements
  • audit findings
  • prior period errors
  • audits dispensed with
  • setting audit fees for financial audits
  • General Government Sector (GGS)
  • Government Businesses.

The report includes financial statement submission details and audit findings for the local government sector but due to two councils, Kentish and Latrobe, not submitting financial statements for audit as at 15 November 2019, the analysis of the local government sector has not been included. The two councils had not submitted financial statements due to challenges relating to the implementation of new financial management systems. An addendum to this Report will be tabled in the first quarter of 2020 which will summarise the results of all 31 December 2018 and 30 June 2019 audits including these two councils and other 30 June 2019 audits not completed as at 15 November 2019.

A change has been made to the information provided in this Report for 2018-19. In past years, separate volumes were produced for the general government, government business and local government sectors, which included individual chapters for larger State entities. For 2019, the volumes have been combined into a single report and individual chapters for State entities have not been provided.
In future years there will be a single report on the outcomes of the audits of State entities and audited subsidiaries of State entities covering 31 December 20X0 and 30 June 20X1 financial years.