Save Search

Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Auditor-General Amendment Bill 2011

Bill home page  


Download WordDownload Word


Download PDFDownload PDF

2010-11

 

 

 

THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA

 

 

 

HOUSE OF REPRESENTATIVES

 

 

 

 

 

 

 

 

AUDITOR GENERAL AMENDMENT BILL 2011

 

 

 

EXPLANATORY MEMORANDUM

 

 

 

 

 

 

 

 

 

Circulated by authority of

Robert Oakeshott



AUDITOR GENERAL AMENDMENT BILL

 

OUTLINE

 

This Bill is based on recommendations from the Joint Public Accounts and Audit Committee report 419 and allows for expanded jurisdiction for the Auditor General.

 

This Bill expands the ability of the Auditor General to “follow the money trail” from the point of receipt to the point of delivery and will improve accountability and efficiency in the use of taxpayers’ dollars.

 

Currently the Auditor General is limited in their jurisdiction in:

 

(1)   Auditing government business enterprises;

(2)   Money allocated to states and territories through national partnership agreements and other means;

(3)   Monies received by contractors

 

The Bill provides that the Auditor General must annually audit a sample of agenices’ performance indicators and the quality of reporting against those indicators, having regard to the Parliament’s priorities for such audits as identified by the Joint Committee of Public Accounts and Audits.

 

The Bill provides that the Auditor General is able to conduct assurance reviews other than audits, and that the  Auditor General’s full information-gathering powers apply to such reviews where identified as priorities of the Parliament.

 

The Bill modernises the language in the Auditor General Act to stipulate that the Auditor General sets auditing and “assurance” standards.

 

The Bill makes clear that the Auditor General’s information-gathering powers are not limited by a claim that information or a document is the subject of legal professional privilege.

 

 

FINANCIAL IMPACT

 

The Bill will have no financial impact.

 

NOTES ON CLAUSES

 

Each clause performs the role of expanding the jurisdiction of the Auditor General under the Auditor General Act 1997.

 

There is no retrospective element.