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The complete list of Audit Reports since 1997/1998 is available via this page. For hard copies of Audit Reports produced prior to 1997, please contact ANAO Publications via email or telephone 02 6203 7505.

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  • ASIC's Processes for Receiving and Referring for Investigation Statutory Reports of Suspected Breaches of the Corporations Act 2001

    Tabled Date:
    Wednesday 24th January 2007
    Report Number:
    18
    Portfolio:
    Treasury
    Department:
    Australian Securities and Investments Commission

    The objectives of this audit were to:

    • examine the effectiveness of ASIC's processes for receiving reports of suspected breaches of the Corporations Act; and
    • assess the efficiency with which statutory reports are referred and investigated by ASIC.

    The audit commenced in February 2006. ANAO undertook an assessment of ASIC's processes for receiving and referring for investigation statutory reports. ANAO also undertook a detailed examination of a random sample of 416 statutory reports received by ASIC in the period 2002–03 to 2004–05.

    The audit scope did not extend to the role of the Commonwealth Director of Public Prosecutions in prosecuting offences referred to it by ASIC.


    Download 2006-07 Audit Report No. 18
    Audit brochure

  • Treasury's Management of International Financial Commitments-Follow-up Audit

    Tabled Date:
    Tuesday 23rd January 2007
    Report Number:
    17
    Portfolio:
    Treasury
    Department:

    The Department of the Treasury (the Treasury) manages Australia's relations with the International Monetary Fund (IMF) and various development banks. As of
    30 June 2006, the Treasury's administered assets in the IMF and other international financial institutions totalled A$7.1 billion. Liabilities totalled A$4.8 billion. In addition to the liabilities of A$4.8 billion, there were contingent liabilities of A$7.3 billion, comprising uncalled share capital subscriptions.

    In October 2002 a performance audit of the Treasury's management of international financial commitments (ANAO Audit Report No.10 of 2002–03 Treasury's Management of International Financial Commitments) was tabled in the Parliament. This audit is a follow-up to that audit. The objective was to assess the progress made by the Treasury in addressing the four major audit findings and two recommendations of the 2002 audit report.


    Download 2006-07 Audit Report No. 17
    Audit brochure

  • Administration of Capital Gains Tax Compliance in the Individuals Market Segment

    Tabled Date:
    Wednesday 20th December 2006
    Report Number:
    16
    Portfolio:
    Treasury
    Department:
    Australian Taxation Office

    The objective of the audit was to assess the ATO's administration of CGT compliance in the individuals market segment. The focus of the audit was the ATO's administration of compliance by individuals with respect to the two most common CGT events: real property and share disposals. The Australian National Audit Office (ANAO) identified three key areas for review:

    • governance – the corporate planning and reporting arrangements relevant to the administration of CGT compliance in the individuals market segment, including how these are integrated with the ATO's overall approach to managing CGT;
    • identifying and assessing compliance risks – the mechanisms and strategies used to identify and assess CGT compliance risks in the individuals market segment; and
    • compliance activities – the products and processes used to manage CGT compliance in the individuals market segment.


    Download 2006-07 Audit Report No. 16
    Audit brochure

  • Audits of Financial Statements of Australian Government Entities for the Period Ended 30 June 2006

    Tabled Date:
    Tuesday 19th December 2006
    Report Number:
    15
    Portfolio:
    Across Agencies
    Department:

    The focus of this report is on the year end results of the financial statement audits of all general purpose reporting entities for the 2005–06 financial year. Financial management issues (where relevant) arising out of the audits and their relationship to internal control structures are also included in this report.


    Download 2006-07 Audit Report No. 15
    Audit brochure

  • Regulation of Pesticides and Veterinary Medicines

    Tabled Date:
    Thursday 7th December 2006
    Report Number:
    14
    Portfolio:
    Agriculture, Fisheries and Forestry
    Department:
    Australian Pesticides and Veterinary Medicines Authority

    The objective of the audit was to assess whether the APVMA is performing its key regulatory functions effectively. In particular, the audit examined the APVMA's arrangements for:

    • planning and overseeing the delivery of regulatory functions; 
    • registering pesticides and veterinary medicines in a timely manner;
    • obtaining external scientific advice to support the registration function;
    • monitoring the quality of pesticides and veterinary medicines approved for sale in Australia; and
    • administering its cost recovery framework.


    Download 2006-07 Audit Report No. 14
    Audit brochure

  • Management of an IT Outsourcing Contract - Follow-up

    Tabled Date:
    Tuesday 5th December 2006
    Report Number:
    13
    Portfolio:
    Defence
    Department:
    Department of Veterans' Affairs

    The objective of this follow-up audit was to assess the extent to which DVA had implemented the recommendations from the original audit during the period
    2002–06, including in its preparation of the IT outsourcing contract which will operate from 2007.


    Download 2006-07 Audit Report No. 13
    Audit brochure

  • Management of Family Tax Benefit Overpayments

    Tabled Date:
    Tuesday 28th November 2006
    Report Number:
    12
    Portfolio:
    Across Agencies
    Department:

    The audit examined the effectiveness and efficiency of the FAO's management of overpayments, within the FTB Programme. In particular, the ANAO considered the FAO's activities in relation to FTB debt prevention, identification, raising and recovery. The audit also compared the FAO's policy documentation and guidance material for staff, against relevant sections of Family Assistance legislation.


    Download 2006-07 Audit Report No. 12
    Audit brochure

  • National Food Industry Strategy

    Tabled Date:
    Thursday 9th November 2006
    Report Number:
    11
    Portfolio:
    Agriculture, Fisheries and Forestry
    Department:

    The objective of this audit was to assess DAFF's management of the contractual arrangements in place to deliver the National Food Industry Strategy. The audit assessed: implementation of the Strategy; financial management;assessment and selection of grants and projects; management of grants and projects;monitoring and verification of contract services; and performance management. The Australian National Audit Office (ANAO) examined a number of FIG applications and projects, one food centre of excellence and a major project under the Food Market Development programme. The audit did not examine the Food Chain programme or DAFF's administration of the Strategy's government-to-government activities.


    Download 2006-07 Audit Report No. 11
    Audit brochure

  • SDSS Get Well Program (SDSS Follow-up)

    Tabled Date:
    Tuesday 31st October 2006
    Report Number:
    10
    Portfolio:
    Defence
    Department:
    Department of Defence Defence Materiel Organisation

    The objective of the report is to review the effectiveness of remediation activities put in place by Defence and the DMO to improve the performance of SDSS following the delivery in July 2003 of the SDSS Upgrade Project, with specific attention to the SDSS Get Well Programme. The audit reviewed the outcomes of the Get Well Programme, and assessed how effectively a segment of the Defence supply chain (of which SDSS is one key component) was meeting selected maritime end user capability and reporting requirements. In order to achieve this, the audit reviewed three key maritime combatant forces: COLLINS Class submarines; Adelaide Class Guided Missile Frigates (FFGs); and ANZAC Class Frigates. The ANAO notes that these three capabilities account for some 50 per cent of the Navy's total forecast expenditure for 2006–07.


    Download 2006-07 Audit Report No. 10
    Audit brochure

  • Management of the Acquisition of the Australian Light Armoured Vehicle Capability

    Tabled Date:
    Thursday 26th October 2006
    Report Number:
    9
    Portfolio:
    Defence
    Department:
    Department of Defence Defence Materiel Organisation

    The objective of the audit was to provide an independent assurance on the effectiveness of Defence and DMO's management of the acquisition of the ASLAV capability to Army. The audit examined the initial capability requirements and approval process, the contract negotiation process, and the management of the Project and Contracts by DMO.


    Download 2006-07 Audit Report No. 9
    Audit brochure