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Summary Financial Statements
The auditor general is the auditor of the government reporting entity and is required by the Auditor General Act to produce an independent auditor’s report on government’s Summary Financial Statements. Within the Public Accounts, we also provide an annual audit opinion on the Province’s debt and debt indicators. Each year we also produce a Report…
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The Audit of B.C.’s 2022/23 Summary Financial Statements: Areas of Interest
This report follows our audit of the $80 billion of financial activity reported by more than 150 government entities last fiscal year. The topics we’ve identified warrant attention because of their potential influence on the accuracy of government’s financial reporting. They relate to: government’s method for estimating personal and corporate income tax revenues; BC Hydro’s accounting and implications…
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Summary Financial Statements Audit: Supporting the Role of MLAs
The Province of B.C.’s Summary Financial Statements reported $80 billion of public sector financial activity last fiscal year. The financial statements are the main part of the Public Accounts, released in August. Our independent audit found three areas of concern, leading to a qualified audit report for the 16th consecutive year. Today’s report is to help MLAs…
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Understanding Our Audit Opinion on B.C.’s 2018/19 Summary Financial Statements
Each year we audit the province’s summary financial statements and its debt-related statements, and then issue our opinion. This report explains our qualified audit opinion on government’s 2018/19 summary financial statements.
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Understanding Our Audit Opinion on B.C.’s 2017/18 Summary Financial Statements
Each year we audit the province’s summary financial statements and its debt-related statements, and then issue our opinion. This report explains our qualified audit opinion on government’s 2017/18 summary financial statements.
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Understanding Our Audit Opinion on B.C.’s 2016/17 Summary Financial Statements
Under section 11 (1) of the Auditor General Act, we complete an annual audit of the B.C. government’s Summary Financial Statements. At the end of this process, we issue an audit opinion that is published with the financial statements in government’s Public Accounts. The opinion says whether or not the financial statements present government’s financial position…
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The 2014 Summary Financial Statements and the Auditor General’s Findings
This annual report reviews government’s 2013/14 summary financial statements, as well as explains the Auditor General’s Audit Opinion. A new section this year looks at the bigger picture of the statements.
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Observations on Financial Reporting: 2012/13 Summary Financial Statements
This report includes further detail on the audit opinion of the government’s Public Accounts, as well as further recommendations on financial reporting and an overview of management letters.
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Audit Opinions Are Important: A discussion on the qualified audit opinion on B.C.’s 2012/13 Summary Financial Statements
This information bulletin discusses the Auditor General’s qualified audit opinion on B.C.’s 2012/13 Summary Financial Statements.
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Observations on Financial Reporting: Summary Financial Statements 2011/12
This report includes further detail on the audit opinion of the government’s Public Accounts, as well as further recommendations on financial reporting and an overview of management letters.