Page 1772 - Week 05 - Wednesday, 5 May 2010

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This is an office doing its job, despite the constant attacks from the Chief Minister. Further down on page 1 the independent auditor actually says—

Mr Barr: It would benefit from more extensive benchmarking of its performance against other audit offices, though.

MR SMYTH: Well, just wait, Mr Barr:

I found that the Office is open and accountable about its performance.

Mr Sendt has made a number of findings, and he has made some suggestions about improvement. I think we would all acknowledge that everything can be improved. In regard to its financial audit, what he finds on page 8 is:

The Office’s financial audit function is generally well-managed and professional.

If there were any doubts about the professional nature of the office, I think we can say that they have been allayed by the inquiry by the independent performance auditor. On page 15, under “Performance Audits”, the finding of the auditor is:

The Office’s performance audit function is generally well-managed and effective, and meets the requirements of ASAE 3500 Performance Engagements, but there is scope for attention to some of the aspects.

Again, it is generally well managed and effective. At the bottom of page 15 the auditor says:

Overall I believe that the ACT Legislative Assembly and the public obtain a valuable and professional service from the Office for the funds allocated to it for undertaking performance audits.

So it is value for money. It is good value for money according to the independent performance auditor, Mr Barr.

Mr Barr: There you go. So no need to give it another cent. We don’t need to give it more money then.

MR SMYTH: Well, just wait. The automatic teller machine of the ACT should just wait a moment. Let me read that one again:

Overall I believe that the ACT Legislative Assembly and the public obtain a valuable and professional service from the Office for the funds allocated to it for undertaking performance audits.

The independent auditor then goes on and talks about the office’s selection of performance audit topics:

The Office has a very well-established and robust process in place to guide the selection of a performance audit program.


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