HSS recognised in OAG's Top 20 Best Practice Entities

We’re proud to share that HSS has been named one of the Top 20 Best Practice Large Entities in the Office of the Auditor General’s (OAG) 2025 State Audit Results Report!

This recognition reflects our outstanding performance in financial reporting and controls for the 2023–24 financial year. Out of over 140 State Government entities audited, HSS stood out for our excellence in:

• Timely preparation of CEO-certified financial reports
• High-quality financial statements and supporting notes
• Comprehensive and well-organised working papers
• Effective resolution of accounting matters
• Strong availability and collaboration of key staff during audits
• Minimal and low-significance management letter findings
• A clear audit opinion

This achievement is a testament to the Finance and Business Services team’s dedication, precision, and professionalism. Preparing for the annual audit is no small feat - it involves months of meticulous planning, coordination, and execution across all Business Units.

To give an insight into the details behind preparing for this, our Finance and Business Services function works through the following long list of activities to prepare and deliver the annual Financial Statements to the OAG.

• Financial Statements - Audit Entrance meeting with OAG
• Financial Statements - Perform an assessment for impairment of receivables
• Financial Statements - Conduct a review of leave liability provisions
• Financial Statements - Leave provision adjustments / revaluation 
• Financial Statements - Annual review or useful life of assets
• Financial Statements - Commence Annual Financial Statement Data Collection
• Financial Statements - Interim End of Financial Year Questionnaire
• Financial Statements - Internal Audit of Annual Financial Statements
• Performa Financial Statements - Statement of Comprehensive Income
• Performa Financial Statements - Statement of Financial Position
• Performa Financial Statements - Statement of Changes in Equity
• Performa Financial Statements - Statement of Cash Flows
• Performa Financial Statements - Notes to the Financial Statements
• Performa Financial Statements - OAG to conduct Pro-Forma Audit
• Performa Financial Statements - Closure of GL at the end of Financial Year
• Trial Balance and Draft Financial Statements - Submit to OAG and incorporate feedback from Pro-Forma Financial Statements
• Final audited Financial Statements - Audit Exit meeting with OAG
• Final audited Financial Statements - Management Representation Letter
• Final audited Financial Statements - Certification of Annual Financial Statements
• Final audited Financial Statements - Clearance Letter to HSP's

“While this is but a once-a-year event, the ongoing allocation, accounting, monitoring, and management of HSS’ operating and capital finances is a mammoth task, and one that the team are well qualified to do. In saying this, the OAG recognition couldn’t have been achieved without the support of all Business Units in HSS.” – Michael Roberts, A/Chief Financial Officer.