Effective financial reporting in the public sector drives accountability, transparency, and improved trust in government. Most state sector entities prepare financial statements that are publicly available and tabled in parliament. These reports summarise the results of our audits of financial statements for Queensland state government entities, including government departments, government owned corporations, and statutory bodies. The report highlights transactions or items of special interest for the year.

In our 2025 report we will focus on:

• deficiencies in the internal control environments 
• climate reporting
• our annual assessment of the quality and effectiveness of internal controls across the state sector
• the findings from our 2024–25 financial audits on procurement activities, executive contracts, risk identification, value for money, and compliance with associated policies
• the use of contractors and consultants.