When is a lease not a lease? When it does not meet the definition of a lease.

Climate-related risks are an emerging area that may have a direct impact on entities’ financial statements.

Our audit topics are wide-ranging and cover challenges facing the public sector across all aspects of government service delivery. When selecting our topics, we focus on matters that are important to, and for, Queenslanders.

Over the past few months, QAO has been undergoing significant change as we position our business for the future and harness the opportunities facing us.

To round out 2019, below are some areas of focus for our public sector clients. These are drawn from our latest financial audit work and analysis across all entities.

Queensland’s state and local governments make significant investments in the public infrastructure they need to deliver public services.

Entities need more than technical security controls to protect their data from cyber security risks.

The Queensland Audit Office (QAO) has developed a financial reporting preparation maturity model to help our clients improve their processes.

The impacts of cyber attacks, and malicious or inadvertent actions of employees, present a very real risk.

Media reports show an alarming trend of growing cyber security attacks and corporate espionage.