What types of audits does the Office conduct?
The Office of the Auditor General engages in two types of audits: financial and performance. Both styles of audits are carried out in accordance with the Assurance Standards of the Canadian Institute of Chartered Accountants. With revenues and expenses totalling more than $50 billion annually, the Government of British Columbia manages what is essentially the largest business enterprise in the province. Through our Financial audits, we provide independent assurance on the quality of government’s financial reporting for this extensive enterprise. In addition to providing an independent audit opinion on the Province’s summary financial statements, we audit the financial statements of school districts, post-secondary educational institutions, health authorities and Crown agencies as outlined in our annual Financial Statement Audit Coverage Plan. Good financial management is important. Government’s extensive financial resources must be prudently managed to provide the array of services nee
