Our clear opinion provides reasonable assurance that the financial performance and position of the State of Victoria, and within that the general government sector, as reported in the 2022–23 Annual Financial Report of the State of Victoria (AFR), is reliable.
We consulted with the audited agencies and considered their views when reaching our conclusions. The agencies’ full responses are in Appendix A.
We issued clear opinions on 28 of the 29 material entities’ financial reports.
We continue to modify our audit opinion on the financial report of Victorian Rail Track, because of how it accounts for assets it leases to the Department of Transport and Planning.
This dashboard provides transparency to the Victorian public and parliamentarians on agencies’ responses to our performance engagement recommendations.
Our performance engagements assess whether government agencies are effectively and efficiently meeting their objectives, using resources economically and complying with legislation. They often identify opportunities for improvement, which are reflected in our recommendations.
Download a PDF copy of Appendix G: Agency responses to assurance review.
Download a PDF copy of Appendix F: The Committee of Sponsoring Organizations of the Treadway Commission’s Internal Control – Integrated Framework (COSO framework).
Click the link below to download a PDF copy of Appendix E. Between-year trends of departmental completion times.
Download a PDF copy of Appendix D: Engagements and agencies in this review.
Download a PDF copy of Appendix C: Scope of this review.
Download a PDF copy of Appendix B: Acronyms, abbreviations and glossary.