Appendix B. Acronyms and abbreviations
| Acronyms | |
|---|---|
| ANZSCO | Australian and New Zealand Standard Classification of Occupations |
| DET | Department of Education and Training |
| DJPR | Department of Jobs, Precincts and Regions |
| DoT | Department of Transport |
Appendix A. Submissions and comments
Click the link below to download a PDF copy of Appendix A. Submissions and comments.
3. Addressing resource shortages and risks
Conclusion
All audited agencies have strategies and actions that target human and material resource shortages and risks. However, many of these actions are behind schedule and agencies do not know if they are effectively reducing delivery risks to the state’s infrastructure pipeline.
2. Assessing resource shortages and risks
Conclusion
DTF, OPV, DoT, MTIA and DJPR have assessed the human and material resources needed to deliver the government's pipeline of major infrastructure projects. However, their assessments are not complete or accurate due to limitations and data gaps in the models they use. While all agencies can address many of their limitations―and OPV and DJPR have work underway to do this―significant gaps remain.
1. Audit context
Victoria's annual infrastructure investment is four times higher than it was in 2015–16, and other states are also boosting their investment in major projects.
Victoria's 2021–22 state Budget noted that the state has $144 billion of new and existing projects funded and underway, up 35 per cent from the 2019–20 state Budget. Of these, $111 billion are major projects. This has led to pressure on the market’s capacity and shortages in skills and resources, which makes it harder for the government to deliver projects on time and on budget.
Appendix D. Acronyms
| Acronyms | |
|---|---|
| DELWP | Department of Environment, Land, Water and Planning |
| DET | Department of Education and Training |
| DFFH | Department of Families, Fairness and Housing |
| DH | Department of Health |
| DJCS |
Appendix C. Adjustments to our performance audit program in response to COVID–19
Figure C1 lists the adjustments we have made to our performance audit work program in response to the impact of the COVID–19 pandemic.
FIGURE C1: Audit adjustments in response to COVID–19
Appendix B. Delivering financial audits
The Auditor-General undertakes financial audits for over 560 public sector entities each year. The Auditor-General uses VAGO staff to undertake around a third of these financial report audits. For the remaining audits, the Auditor-General contracts private sector firms (audit service providers) to assist. VAGO reviews this work and all audit opinions are issued on behalf of the Auditor-General.
Appendix A. Delivering performance audits
We largely use our own professionally qualified and trained staff to deliver performance audits. However, we also engage experts to advise or work with our performance audit teams on complex and technical issues and use contractors to supplement staff resources where required.
Attest audit work program
We deliver a range of attest services to public sector agencies. We conduct financial audits in accordance with the Australian Auditing Standards and relevant professional and legislative requirements. Additional information about the delivery of our financial audits is in Appendix B.
This section sets out our attest engagement work program for 2021–22. This encompasses reports to Parliament on the results of our financial and performance statement audits of agencies and the number and type of audit opinions we expect to issue.