Conclusion

Our unmodified opinion provides reasonable assurance that the financial performance and position of the state of Victoria, and within that the general government sector, 
as reported in the 2020–21 AFR, is reliable.

The separate financial statements of 24 of the 26 material entities (entities that contribute most to the consolidated financial results in the AFR) are also reliable. We identified material errors in the financial statements of VicTrack, but they were corrected on consolidation into the AFR.

Click the link below to download a PDF copy of Appendix A. Submissions and comments.

Conclusion

Although DTF collects COVID-19 spend data from departments, it is not actively monitoring this. Without central oversight, it is difficult to understand how well the state is managing its overall COVID-19 spend. 

Conclusion

Due to the speed with which they set up their COVID-19 grants programs, DJPR and DHHS did not implement effective fraud controls at the start. Although they made improvements over time, there is a risk that internal reviews have not uncovered all cases of suspected fraud. In contrast, DoT and DPC minimised the risk of fraud and waste by building controls into the grant application process and monitoring how grants were used. However, most departments could improve how they consider conflicts of interest in grants management.

Conclusion

Most departments had weaknesses in their COVID-19 procurements, such as incomplete and missing documentation, frequent use of quotes from single suppliers and inadequate consideration of conflicts of interest. This means these departments cannot be sure that material fraud, corruption and waste did not occur.

Departments needed to act quickly to respond to COVID-19, such as by buying essential medical supplies and setting up support programs. To fund these unexpected costs, the Victorian Government announced a range of new funding initiatives. These included extra funding for the health system and grants for businesses affected by public health restrictions.

The files below contain all the responses for our survey of entities in relation to their major projects. For the purposes of space, we have abbreviated the questions asked in the survey. 

The table also uses abbreviations for the questions we have asked, which Figure G1 lists.

FIGURE G1: Acronyms and abbreviations