Appendix F: Abbreviations, acronyms and glossary
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Appendix E: Mandatory TAFE key performance indicators (KPIs)
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Appendix D: Financial and non-financial sustainability indicators
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Appendix C: Audit opinions
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Appendix B: Audit context
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Appendix A: Submissions and comments
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1. Why we do this report and what we look at
This report presents the results of our financial audits of TAFEs and Victoria's public universities for the year ended 31 December 2024. Our audits provide Parliament and the community with confidence that financial reports and performance statements are reliable for informed decision-making.
This report also shares our independent insights on the sectors' financial outcomes and highlights common internal control and financial reporting issues, where we make recommendations for improvement.