2017–18 in summary

Parliament

  • 92 per cent of parliamentarians agreed we operate independently from government.
  • 89 per cent agreed we perform audits with integrity.
  • 89 per cent agreed our reports and services help improve public sector administration.
  • 87 per cent satisfied with the Audit Office’s reports and services.
  • 92 per cent agreed our reports and services provide valuable information on public sector performance.
  • 100 per cent of audits reported to parliament on time.
  • 20 performance audits followed up by parliament’s Public Accounts Committee.

Overall satisfaction %
% satisfied or very satisfied
Survey not conducted in 2015

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Government entities, universities and councils

  • Overall performance index for performance audits 81.
  • Overall CFO performance index for financial audits 76.
  • 93 per cent of performance audit recommendations accepted.
  • 95 per cent of financial audit recommendations accepted.
  • 19 performance audits or compliance audits completed, including 3 under our new mandate to audit local government.
  • 550 financial audits completed, including 139 under our new mandate to audit local government.
  • 91 per cent of financial audit opinions issued within ten weeks.

Overall performance index
Aggregate performance indices

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People

  • 66 per cent staff satisfaction.
  • 69 per cent staff engagement.
  • 78 per cent of staff report reasonable to very high morale.
  • 71 per cent of staff describe the Audit Office as ‘a great place to work’
  • 12 per cent staff turnover.
  • 58 per cent of middle management are women.
  • 50 per cent of executive and senior leadership are women.
  • 5 notifiable injuries and 2 new workers’ compensation claims.
  • 5-star greenhouse building rating maintained.

Staff satisfaction %

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Profession

  • 59 presentations made, 31 more than last year.
  • 18 submissions made on proposed changes to accounting and auditing standards.

Presentations delivered

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Governance

  • The Audit Office received 1 formal GIPA access application.
  • We received and examined 17 public interest disclosures.

 

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Finances

  • $0.7 million cumulative surplus (excluding superannuation adjustments) over a four year period, close to our break-even target.
  • $0.2 million result for 2017–18 (excluding superannuation adjustments).
  • 99 per cent of our creditors were paid on time.

Operating result 2017–18/$m
Excluding superannuation

Find out more about our financial performance.

 


Benchmarks

  • Our costs compare favourably with other Australian audit offices.
  • We benchmark ourselves against the national average for audit offices.

Total audit costs (excluding payroll tax) per $’000 of public sector transactions $

Total audit costs (excluding payroll tax) per $’000 of public sector assets $