Publications: Finance
Auditor General's Opinions on the Summary Financial Statements and the Provincial Debt Summary
July 2012
The Auditor General's opinions on the 2011/12 Summary Financial Statements and Provincial Debt Summary.
This report was discussed by the Legislative Assembly's Select Standing Committee on Public Accounts on November 6, 2012.
Audits of Two P3 Projects in the Sea-to-Sky Corridor
July 2012
The report contains the results of audits of two public-private partnerships (P3s) in British Columbia: the Sea-to-Sky Highway Improvement Project, and the Britannia Mine Water Treatment Plant Project.
This report was discussed by the Legislative Assembly's Select Standing Committee on Public Accounts on November 19, 2013.
The Status of IT Controls in British Columbia's Public Sector: an analysis of audit findings
July 2012
This report summarizes recommendations arising from government’s use of information technology to process financial information. These recommendations have previously been reported in the Office's annual report on government's summary financial statements.
This report was discussed by the Legislative Assembly's Select Standing Committee on Public Accounts on November 18, 2013.
Reporting on Financial Statements in the BC Public Sector under Canadian Auditing Standards
June 2012
The purpose of this discussion paper is to consider the various reporting alternatives within the CASs reporting model and to develop tentative Office positions for the financial statement audits conducted within the B.C. public sector.
Summary Report: Results of Completed Projects (2011)
December 2011
Six recent projects are summarized in the report:
an audit of government's fee-setting and approval process;
an audit of the Family Maintenance Enforcement Program (FMEP);
preliminary observations and findings from an audit of government's management of the student loan program;
an examination of the public post-secondary accountability framework's design and operation;
the first phase of an audit of school district accountability for the effectiveness of special education services that focused on three school districts; and
the results of a high-level security audit of wireless access points at the University of British Columbia and Camosun College.
This report was discussed by the Legislative Assembly's Select Standing Committee on Public Accounts on February 5, 2015.
BC Hydro: The Effects of Rate-Regulated Accounting
October 2011
This report examines the implications of BC Hydro's use of rate-regulated accounting, which allows BC Hydro to establish deferral accounts into which it can "defer" expenses to future years.
The report was discussed by the Legislative Assembly’s Select Standing Committee on Public Accounts on November 25, 2011.
The first follow-up on the report’s recommendations is expected in April 2012.
Follow-up Report: Updates on the implementation of recommendations from recent reports (October 2011)
October 2011
This follow-up report contains the self-assessed progress of ministries and organizations in implementing the Auditor General's recommendations. It also includes two progress assessments.
The report was discussed by the Legislative Assembly’s Select Standing Committee on Public Accounts on April 24, 2012.