This report communicates my findings on the review of the 2018-19 Consolidated Financial Report.
The 2018-19 Consolidated Financial Report fulfils the SA Government’s consolidated financial reporting obligations under Australian Accounting Standard AASB 1049 Whole of Government and General Government Sector Financial Reporting.
It reports the SA Government’s actual financial performance and position for the year.
Our review of the Consolidated Financial Report did not identify any material misstatements or control deficiencies. We did identify some opportunities to improve the way financial information is collected, validated and consolidated in preparing the Consolidated Financial Report.