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Legislative Assembly for the ACT: 2006 Week 13 Hansard (14 December) . . Page.. 4151..


MR MULCAHY (continuing):

As I am sure you well appreciate, Mr Speaker, a report such as this does not come to completion without the hard work and professionalism of many. I would like to conclude by thanking my committee colleagues, Dr Deb Foskey and Ms Karin MacDonald; those who assisted the committee with its deliberations; and the committee office. I commend the report to the Assembly. My committee colleagues may wish to make some additional comments.

Question resolved in the affirmative.

Public Accounts—Standing Committee

Report 9

MR MULCAHY (Molonglo) (11.35): I present the following report:

Public Accounts—Standing Committee—report 9—Review of Auditor-General's report No 7 of 2005: 2004-05 financial audits, dated 29 November 2006, together with a copy of the extracts of the relevant minutes of proceedings.

I seek leave to move a motion authorising the report for publication.

Leave granted.

MR MULCAHY: I move:

That the report be authorised for publication.

Question resolved in the affirmative.

MR MULCAHY: I move:

That the report be noted.

Auditor-General's report No 7 of 2005 was presented to the Legislative Assembly on 13 December 2005 and consequently referred to the committee for inquiry. It has been the annual practice of the Auditor-General to provide a report such as this one, dealing mainly with matters coming to light during the audit of agency financial statements which are incorporated in agency annual reports presented to the Assembly. This audit report comments generally on the financial reporting and accountability in the ACT public sector. It also makes comparisons of agency budgets against financial performance as reported in their operating statements.

The audit report summarises the results of the audits of the financial statements of the territory and its agencies in 2004-05 and includes comments on significant matters found during these audits. The committee received a briefing from the Auditor-General on the audit report and sought and received a government submission in relation to the audit report's findings.

The committee considered and addressed the matters of significance raised by the audit report. Its report focuses on a selection of the significant issues raised and


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