Annual Report and Financial Statements 2021/22
This is a report on the achievement of the goals, objectives, and performance measures set out in our annual service plan. It highlights achievements and summarizes the independent assurance and trusted information we provided to the Legislative Assembly of British Columbia. It also includes our annual financial statements prepared in accordance with generally accepted accounting principles. Our financial statements and annual report are audited by an independent auditor, and their two audit reports are included.
B.C.’s COVID-19 Response: Community Economic Resilience Grants
Our audit looked at whether the Ministry of Municipal Affairs designed and implemented the $30-million grant stream according to government transfer payment policies and program guidelines. The grants were intended to help communities deal with the economic impacts of the COVID-19 pandemic. Grants went to 63 small-scale infrastructure projects that included building new bike paths, upgrading for public buildings, and improving parks.
Oversight of Major Mines: Policies and Procedures to Address Environmental Risks
Mining is an important source of jobs, government revenues, and regional development in the province, but can present environmental and public safety risks if not well managed. In this audit, we wanted to see if the Ministry of Energy, Mines and Low Carbon Innovation had improved its oversight activities since our related 2016 report.
Service Plan 2022/23 – 2024/25
This service plan is driven by a renewed emphasis on corporate planning. Our office will align our service plans more directly with the Auditor General Act and the Performance Reporting Principles for the B.C. Public Service. This new plan shows how our objectives are more balanced with our priorities and activities. We have selected performance measures that are more directly linked to our performance and offer better long-term, comparative value. As you will see in this service plan, we are taking important and necessary steps that will contribute to the environment of inclusivity and engagement that defines our organization. Most of all, these measures will greatly assist our talented and dedicated community of employees to excel in the work they do for the Legislative Assembly and the people in British Columbia.
Fraud Risk Management: Site C Dam and Hydroelectric Energy Project
Site C is the largest and most expensive infrastructure project in B.C.’s history, with an estimated cost of $16 billion. Our audit looked to determine if BC Hydro has established a program to effectively manage fraud risk for the project.
Managing Cybersecurity in the Telework Environment
The number of B.C. government teleworkers grew 20-fold after the COVID-19 pandemic started. Teleworking has many benefits but it can also pose increased risk to sensitive government data. Our audit focused on the Office of the Chief Information Officer's responsibility for cybersecurity risk management in the government telework environment. It looked at the OCIO's strategic activities, such as risk assessment, telework-related policies, data protection measures, and cybersecurity training and guidance.
Financial Statement Audit Coverage Plan for fiscal years ending in 2023, 2024 and 2025
This plan is our annual plan for auditing the financial statements of more than 140 public-sector organizations included as part of the massive audit of government’s summary financial statements. It includes central government, Crown corporations, universities, colleges, school districts, health authorities and similar entities controlled by or accountable to the provincial government. The Financial Statement Audit Coverage Plan outlines which public-sector organizations will be audited directly by the auditor general’s office and which ones will be audited by private-sector firms.