Appendix A. VAGO reports on the results of financial audits
Figure
A1
VAGO reports on the results of the 2012–13 financial audits
Report |
Description |
|---|---|
Auditor-General's Report on the Annual Financial Report of the State of Victoria, 2012–13 |
4 Internal controls at public hospitals
At a glance
Background
This Part presents the results of our assessment of general internal controls, risk management and controls over private patient revenue at public hospitals.
Findings
Some rural hospitals put at risk the accuracy of financial reporting and increase their exposure to fraud because of inadequate controls over key account reconciliations and changes to masterfiles.
3 Financial sustainability
At a glance
Background
To be financially sustainable, entities need to be able to meet current and future expenditure as it falls due. They also need to absorb foreseeable changes and risks without significantly changing their revenue and expenditure policies.
This Part provides an insight into the financial sustainability of the 87 public hospitals based on an analysis of the trends in their key financial indicators over the past five years.
2 Audit opinions and quality of reporting at public hospitals
At a glance
Background
This Part covers the results of the 2012–13 audits of the 87 public hospitals and their 25 associated entities. It also compares financial reporting practices in 2012–13 against better practice.
1 Background
1.1 Introduction
Public hospitals provide a range of services across metropolitan, regional and rural areas. Metropolitan and regional public hospitals typically provide acute health services, as well as a mix of mental health, subacute, community health and aged care services. Rural public hospitals generally offer a higher proportion of aged care and community health services.
Audit summary
The Victorian public hospital sector consists of 112 entities—comprising 87 public hospitals and 25 associated entities. The 112 entities provide a range of public health services across metropolitan, regional and rural Victoria.
Public Hospitals: Results of the 2012–13 Audits: Message
Ordered to be printed
VICTORIAN GOVERNMENT PRINTER March 2013
PP No 282, Session 2010–13
Public Hospitals: Results of the 2012–13 Audits
Body
This report covers the results of the financial audits of 112 entities within the public hospital sector, comprising 87 public hospitals and the 25 associated entities.
Appendix A. Audit Act 1994 section 16—submissions and comments
Introduction
In accordance with section 16(3) of the Audit Act 1994, a copy of this report was provided to the named departments and agencies with a request for submissions or comments.
The submissions and comments provided are not subject to audit nor the evidentiary standards required to reach an audit conclusion. Responsibility for the accuracy, fairness and balance of those comments rests solely with the agency head.
Responses were received as follows:
4 Agency compliance with policy, standards and process requirements
At a glance
Background
Each of the 20 inner Whole‑of‑Victorian‑Government (WoVG) agencies is required to develop its own information security management framework (ISMF), providing its agency with appropriate policy direction and guidance. There is no requirement for outer WoVG agencies to conform to any specified standard for their own agency ISMF.