AGO'S STRATEGY

In December 2016 the AGO developed and launched a Strategic Plan for the period 2017-19. The Plan sets out four main goals: (1) Strengthening the Accountability, Transparency and Integrity of Government and Public Sector Entities; (2) Demonstrating ongoing relevance to Citizens, Parliament and other stakeholders; (3) Becoming a Model Organisation through Leading by Example; and (4) Developing a Professional Accountancy Organisation. The AGO will look to ensure that sufficient resources are allocated to achieve goals and objectives stated in the Strategic Plan. Within this overall framework, the Annual Work Plan (AWP) for 2017 has been prepared and includes the AGO’s planned workload and priorities for 2017. This plan has been submitted to the Public Accounts Committee in accordance with section 14(a) of the Audit Act 2007, and in support of the AGO’s budget request for the year 2017. 

This plan describes the AGO’s strategy and planned development initiatives during 2017 and the subsequent sections show the staff resources and planned outputs for each of the AGO’s Audit Departments. In using its resources, the AGO will give priority to its statutory obligations under the Audit Act 2007 to issue audit opinions on the financial statements of Ministries and other public institutions. Remaining resources will be allocated to a programme of Compliance, Special and Performance Audits and audit of a number of local councils.

In summary, in 2017 the AGO plans to deliver:


DEPARTMENT 1: FINANCIAL STATEMENT AUDIT – PUBLIC SECTOR

- The financial statement audit of 13 Accountable Government Agencies (AGAs)

- Review of 61 local council audits

- Eight audits (work in progress)


DEPARTMENT 2: FINANCIAL STATEMENT AUDIT – SOES AND STATUTORY BODIES

- The financial statement audit of 25 SOEs; 18 of which will be undertaken by private sector audit firms on behalf of the Auditor General; and seven will be conducted in-house

- The financial statement audit of 16 statutory bodies and nine donor-funded projects to be audited by AGO

- Review of 61 local council audits


DEPARTMENT 3: COMPLIANCE AND SPECIAL AUDITS

- Four Special investigations and reviews

- Develop compliance audit manual

- Design, develop and implement Fraud Vulnerability and Compliance Assessment 

- 20 audits (work in progress)


DEPARTMENT 4: PERFORMANCE AUDITS

- Nine performance audit studies

- Three performance reviews (work in progress)


DEPARTMENT 5: CONSOLIDATION, DEBT AND REVENUE AUDIT

- 11 Audit opinions on the financial statements of public sector entities

- Review of 59 local council audits

- Two audits (work in progress)