Section 7A of the Audit Act 1994 requires the Auditor-General to develop an annual plan and present it to Parliament, following consultation with Parliament’s Public Accounts and Estimates Committee.
As such it is a key accountability mechanism for the Auditor-General and his office. It sets out our work program and also gives Parliament, the public sector and the Victorian community the opportunity to assess our goals and understand our audit priorities.
Our three-year planning cycle for performance audits provides us with the opportunity to engage early with our stakeholders, and allows audited agencies to facilitate any necessary preparations for scheduled audits well in advance.
Our forward program also supports our strategic objectives. It is important that we explore our full mandate of economy, efficiency, effectiveness and compliance audits. We have sought to rebalance our performance program in 2018–19, with targeted reviews that focus on efficiency. We have tended to focus on outcome effectiveness in recent years, and in doing so, are not realising the opportunities that present themselves by focusing on cost-effectiveness.
We design our work program to be flexible and responsive. This allows us to direct our efforts towards doing the right audits at the right time, and using our resources to make a difference in the community. Throughout the process of developing this plan, we undertook extensive consultation with an expanded range of stakeholders at multiple stages, and considered all feedback received thoroughly as part of the finalisation of our audit program.