75Annual report

75 Annual report

(1) As soon as practicable after the end of each financial year, the Auditor-General must—

(a) prepare a report of the operations of the Victorian Auditor-General's Office during the financial year that complies with subsection (2); and

(b) prepare financial statements for the financial year that comply with subsection (3) and give them to the independent financial auditor for auditing; and

(c) cause the report of operations and audited financial statements to be transmitted to each House of the Parliament.

(2) The report of operations must—

(a) comply with section 48 of the Financial Management Act 1994 and directions under that Act that apply to reports of operations of departments, except to the extent determined by the Parliamentary Committee under section 76; and

(b) include an account of the implementation of the annual plan required under section 73; and

(c) include the names of any persons to whom, during the financial year, the Auditor-General has delegated the power to express a written audit opinion under section 8; and

(d) include details of any resolutions of the Parliamentary Committee under section 76(1) in respect of the report of operations and the disallowance of any of those resolutions; and

(e) summarise the quality control policies and procedures that were in place in the Victorian Auditor-General's Office for the financial year; and

(f) summarise any additional auditing and assurance standards that the Auditor-General has applied under section 78(2) to the conduct of audits or assurance reviews during the financial year.

(3) The financial statements must—

(a) comply with section 49 of the Financial Management Act 1994 and directions under that Act that apply to financial statements of departments, except to the extent determined by the Parliamentary Committee under section 76; and

(b) include details of any resolutions of the Parliamentary Committee under section 76(1) in respect of the financial statements and the disallowance of any of those resolutions.

Division 2—Other obligations

S. 76 inserted by No. 12/2019 s. 9.