Potential areas of focus for 2009
Presentation: Review of 2008 TEI audit results.
- Follow-up review of procurement policies
- Follow-up review of capital asset management plans
- Revised AG-4 not applicable to TEIs in 2009
- Auditors will continue to place importance on service performance reporting and promote improvements
- The Tertiary Education Commission charged with giving leadership to the sector - integral to investment plan negotiations with TEIs
- Early identification of Crown funding accounting important to avoid problems face in 2008 audits
- Ongoing focus on fraud risk assessment, prevention, and detection
Accounting and auditing matters
