Finance and Deregulation
Audit strategy overview
As a central agency of the Australian Government, Finance and Deregulation (Finance) plays an important role in assisting and advising Government in a wide range of policy areas to ensure its outcomes are met. Essential services that Finance delivers include:
- supporting delivery of the Federal Budget;
- administering the provision of entitlements provided to Parliamentarians; and
- developing and maintaining the financial framework for Australian Government agencies.
ANAO’s planned performance audit strategy reflects Finance’s role as a central agency responsible for providing budget and financial management services and advice. In particular, in addition to a number of potential audits specific to the portfolio, Finance is often included in the scope of various cross-portfolio audits in the context of the Commonwealth financial framework and budgetary arrangements.