Auditor-General
Objectives
The Auditor‑General for the ACT is appointed under the Auditor-General Act 1996 (the Act) and is responsible to the ACT Legislative Assembly for conducting independent audits of all ACT public sector agencies.  The Auditor-General reports directly to the ACT Legislative Assembly on the accountability, efficiency and effectiveness of the delivery of public services provided by ACT Government agencies.
The Act sets out the statutory mandate of the Auditor-General and the ACT Auditor‑General’s Office (the Office).  The main functions of the Office are to promote accountability in the public administration of the Territory, audit the annual financial statements of the Territory, departments, authorities, and Territory owned corporations and subsidiaries, and conduct performance audits.
The Office also performs other activities such as responding to representations by the members of the Legislative Assembly and the community, and conducting investigations under the Public Interest Disclosure Act 1994.
2010‑11 Priorities
Strategic and operational issues to be pursued in 2010‑11 include:
•	completing audits of the financial statements of agencies and reviews of statements of performance of agencies in accordance with the auditing standards and within the required timeframes;
•	developing an annual performance audit program which is responsive to the needs of the community, the ACT Legislative Assembly and Government agencies;
•	completing the planned program of performance audits and other investigations in an efficient and effective manner; 
•	addressing audit findings from the independent performance audit of the operations of the Audit Office;
•	maintaining comprehensive quality control systems which comply with the requirements of new auditing standards; and
•	re-building the Office’s performance audit capacity following the recent departure of key senior staff.

Business and Corporate Strategies
The key strategies which the Audit Office will adopt to achieve its objectives and priorities are set out in the Audit Office Strategic Plan 2008‑2011.  The Strategic Plan is supported by an internal Action Plan which is developed annually to identify the specific actions required to achieve the Office’s objectives.  For 2010‑11 the strategies include: 
•	providing relevant and timely information to the ACT Legislative Assembly through advice, briefings and reports;
•	maintaining relationships with the ACT Legislative Committees, especially the Public Accounts Committee, through regular meetings and provision of advice;
•	working with agencies to improve their performance by providing high quality and timely audit reports that focus on significant issues and include practical recommendations;
•	applying efficient and effective audit methodologies;
•	providing staff with training and professional development which maintains their technical expertise and knowledge of whole of government issues; 
•	maintaining sound quality control systems for financial and performance audits; and
•	improving operations by implementing agreed recommendations from internal audits, peer reviews and the independent performance audit of the Audit Office.
Estimated Employment Level
2008‑09
Actual Outcome		2009-10
Budget
	2009-10
Est. Outcome	2010-11
Budget
	
31	Staffing (FTE) 	35	35	35	

Changes to Appropriation
Changes to Appropriation - Departmental						
 	2009-10	2010-11	2011-12	2012-13	2013-14	
Government Payment for Outputs	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2009-10 Budget	2,112	2,147	2,183	2,220	2,220	
						
2010-11 Budget Technical Adjustments						
Revised Indexation Parameters	- 	- 	- 	- 	38 	
Revised Wage Parameters	- 	18 	32 	32 	33 	
						
2010-11 Budget	2,112	2,165	2,215	2,252	2,291	

Auditor-General
Operating Statement
  2009-10			  2009-10	   2010-11		  2011-12	    2012-13	  2013-14		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		Income								
		Revenue								
2,112		Government Payment for Outputs	2,112	2,165	3	2,215	2,252	2,291		
814		User Charges - Non ACT Government	894	921	3	948	977	1,006		
2,386		User Charges - ACT Government	2,450	2,536	4	2,622	2,690	2,761		
60		Interest	40	40	-	40	40	40		
0		Other Revenue	79	0	-100	0	0	0		
5,372		Total Revenue	5,575	5,662	2	5,825	5,959	6,098		
		Gains								
0		Other Gains	5	0	-100	0	0	0		
0		Total Gains	5	0	-100	0	0	0		
5,372		Total Income	5,580	5,662	1	5,825	5,959	6,098		
		Expenses								
3,054		Employee Expenses	3,318	3,326	..	3,404	3,468	3,534		
474		Superannuation Expenses	555	572	3	588	600	613		
1,724		Supplies and Services	1,613	1,738	8	1,784	1,805	1,815		
95		Depreciation and Amortisation	79	75	-5	75	75	75		
5,347		Total Ordinary Expenses	5,565	5,711	3	5,851	5,948	6,037		
25		Operating Result	15	-49	-427	-26	11	61		
25		Total Comprehensive Income	15	-49	-427	-26	11	61		

Auditor-General
Balance Sheet
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/10			as at 30/6/10	as at 30/6/11	   Var	as at 30/6/12	as at 30/6/13	as at 30/6/14		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
1,014		Cash and Cash Equivalents	1,246	1,296	4	1,355	1,451	1,597		
1,404		Receivables	1,276	1,276	-	1,276	1,276	1,276		
4		Other	22	22	-	22	22	22		
2,422		Total Current Assets	2,544	2,594	2	2,653	2,749	2,895		
		Non Current Assets								
459		Property, Plant and Equipment	425	395	-7	365	335	305		
459		Total Non Current Assets	425	395	-7	365	335	305		
2,881		TOTAL ASSETS	2,969	2,989	1	3,018	3,084	3,200		
		Current Liabilities								
208		Payables	53	53	-	53	53	53		
10		Finance Leases	3	3	-	3	3	3		
963		Employee Benefits	1,127	1,173	4	1,204	1,235	1,266		
5		Other	5	0	-100	0	0	0		
1,186		Total Current Liabilities	1,188	1,229	3	1,260	1,291	1,322		
		Non Current Liabilities								
54		Finance Leases	25	25	-	25	25	25		
103		Employee Benefits	30	58	93	82	106	130		
0		Other Provisions	73	73	-	73	73	73		
1		Other	0	0	-	0	0	0		
158		Total Non Current Liabilities	128	156	22	180	204	228		
1,344		TOTAL LIABILITIES	1,316	1,385	5	1,440	1,495	1,550		
1,537		NET ASSETS	1,653	1,604	-3	1,578	1,589	1,650		
		REPRESENTED BY FUNDS EMPLOYED								
1,510		Accumulated Funds	1,634	1,585	-3	1,559	1,570	1,631		
27		Reserves	19	19	-	19	19	19		
1,537		TOTAL FUNDS EMPLOYED	1,653	1,604	-3	1,578	1,589	1,650		

Auditor-General
Cash Flow Statement 
  2009-10			  2009-10	   2010-11		  2011-12	    2012-13	  2013-14		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
2,112		Cash from Government for Outputs	2,112	2,165	3	2,215	2,252	2,291		
3,200		User Charges	3,290	3,431	4	3,538	3,633	3,725		
60		Interest Received	40	40	-	40	40	40		
222		Other Revenue	423	439	4	452	466	472		
5,594		Operating Receipts	5,865	6,075	4	6,245	6,391	6,528		
		Payments								
3,022		Related to Employees	3,261	3,344	3	3,421	3,462	3,505		
498		Related to Superannuation	559	564	1	570	577	585		
1,755		Related to Supplies and Services	1,639	1,829	12	1,901	1,956	1,992		
222		Other	262	288	10	294	300	300		
5,497		Operating Payments	5,721	6,025	5	6,186	6,295	6,382		
97		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	144	50	-65	59	96	146		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Receipts								
0		Proceeds from Sale of Property, Plant & Equipment	5	0	-100	0	0	0		
0		Investing Receipts	5	0	-100	0	0	0		
0		NET CASH INFLOW/ (OUTFLOW) FROM INVESTING ACTIVITIES	5	0	-100	0	0	0		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Payments								
0		Repayment of Finance Lease	12	0	-100	0	0	0		
0		Financing Payments	12	0	-100	0	0	0		
0		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	-12	0	100	0	0	0		
97		NET INCREASE/ (DECREASE) IN CASH HELD	137	50	-64	59	96	146		
917		CASH AT BEGINNING OF REPORTING PERIOD	1,109	1,246	12	1,296	1,355	1,451		
1,014		CASH AT THE END OF THE REPORTING PERIOD	1,246	1,296	4	1,355	1,451	1,597		

Auditor-General
Statement of Changes in Equity
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/10			as at 30/6/10	as at 30/6/11	   Var	as at 30/6/12	as at 30/6/13	as at 30/6/14		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Opening Equity								
1,485		Opening Accumulated Funds	1,619	1,634	1	1,585	1,559	1,570		
27		Opening Asset Revaluation Reserve	19	19	-	19	19	19		
1,512		Balance at the Start of the Reporting Period	1,638	1,653	1	1,604	1,578	1,589		
		Comprehensive Income								
25		Operating Result for the Period	15	-49	-427	-26	11	61		
25		Total Comprehensive Income	15	-49	-427	-26	11	61		
0		Total Movement in Reserves	0	0	-	0	0	0		
		Transactions Involving Owners Affecting Accumulated Funds								
		Closing Equity								
1,510		Closing Accumulated Funds	1,634	1,585	-3	1,559	1,570	1,631		
27		Closing Asset Revaluation Reserve	19	19	-	19	19	19		
1,537		Balance at the End of the Reporting Period	1,653	1,604	-3	1,578	1,589	1,650		
Notes to the Budget Statements
Significant variations are as follows:
Operating Statement
•	other revenue:  the increase of $0.079 million in the 2009‑10 estimated outcome from the original budget and the corresponding decrease of $0.079 million in the 2010‑11 Budget is due to an anticipated reimbursement in 2009‑10.
•	employee expenses:  the increase of $0.264 million in the 2009‑10 estimated outcome from the original budget is the result of the engagement of staff on a short term basis to assist in the completion of the financial audit program and increases in estimates of employee benefit liabilities.
•	supplies and services:  the decrease of $0.111 million in the 2009‑10 estimated outcome from the original budget and the increase of $0.125 million in the 2010‑11 Budget from the 2009‑10 estimated outcome reflects a one‑off reduction in performance audit contractors in 2009‑10.
Balance Sheet
•	cash and cash equivalents:  the increase of $0.232 million in the 2009‑10 estimated outcome from the original budget reflects the reduction of receivables and sale of asset.
•	receivables:  the decrease of $0.128 million in the 2009‑10 estimated outcome from the original budget reflects better than anticipated receipt of monies owed.
•	payables:  the decrease of $0.155 million in the 2009‑10 estimated outcome from the original budget reflects the expectation that there will be a lower level of unpaid invoices for goods and services.
•	current and non current employee benefits:  the increase of $0.091 million in the 2009‑10 estimated outcome from the original budget and the increase of $0.074 million in the 2010‑11 Budget from the 2009‑10 estimated outcome is a result of the recruitment of more senior staff than originally budgeted, as well as the impact of changes in the accounting policy for employee benefits.
•	other provisions:  the increase of $0.073 million in the 2009‑10 estimated outcome from the original budget is a result of recognising a provision for make good under the terms of an accommodation lease.
Cash Flow Statement
Variances in the statement are explained in the notes above.
Statement of Changes in Equity
Variances in the statement are explained in the notes above.