Auditor-General’s Report on the Annual Financial Report of the State of Victoria, 2007-08
Overview
This report sets out the results of the audit of the State of Victoria’s Annual Financial Report (AFR) for 2007–08. The AFR is incorporated into the Financial Report for the State of Victoria, 2007–08, and is a key part of the accountability of the government to Parliament for the management and stewardship of the state’s finances.
The report discusses the financial performance and the financial position of the state and the general government sector. The report also highlights some challenges to the state’s long-term ability to sustain operations and respond to changing community requirements.