This report shares a behind-the-scenes look at this year's audit of the government's summary financial statements. In it, you'll find out more about the significant errors or omissions that led to a qualified independent auditor’s report, and learn more about key issues like COVID-19 benefit programs and rising disaster-related costs.
This document is prepared in alignment with the Auditor General Act, the Budget Transparency and Accountability Act, and the Performance Reporting Principles for the B.C. Public Service. It accompanies our budget submission for the same period, completing the transition we announced in our last service plan. This ensures that our work plan and performance targets are in sync with our resource requests. As this plan shows, over the next three years, we will maintain our focus on our product and our people, backed by strategies that will help to sustain our momentum and drive continuous, iterative improvement. We will balance organizational change with the need to establish and maintain stability and clarity for our teams, ensuring that we can support our people to be resilient and effective – no matter how things may change or what challenges we may encounter.
This is a report on the achievement of the goals, objectives, and performance measures set out in our annual service plan. It highlights achievements and summarizes the independent assurance and trusted information we provided to the Legislative Assembly of British Columbia. It also includes our annual financial statements prepared in accordance with generally accepted accounting principles. Our financial statements and annual report are audited by an independent auditor, and their two audit reports are included.
Our audit looked at whether the Ministry of Municipal Affairs designed and implemented the $30-million grant stream according to government transfer payment policies and program guidelines. The grants were intended to help communities deal with the economic impacts of the COVID-19 pandemic. Grants went to 63 small-scale infrastructure projects that included building new bike paths, upgrading for public buildings, and improving parks.
Mining is an important source of jobs, government revenues, and regional development in the province, but can present environmental and public safety risks if not well managed. In this audit, we wanted to see if the Ministry of Energy, Mines and Low Carbon Innovation had improved its oversight activities since our related 2016 report.
This service plan is driven by a renewed emphasis on corporate planning. Our office will align our service plans more directly with the Auditor General Act and the Performance Reporting Principles for the B.C. Public Service. This new plan shows how our objectives are more balanced with our priorities and activities. We have selected performance measures that are more directly linked to our performance and offer better long-term, comparative value. As you will see in this service plan, we are taking important and necessary steps that will contribute to the environment of inclusivity and engagement that defines our organization. Most of all, these measures will greatly assist our talented and dedicated community of employees to excel in the work they do for the Legislative Assembly and the people in British Columbia.
Site C is the largest and most expensive infrastructure project in B.C.’s history, with an estimated cost of $16 billion. Our audit looked to determine if BC Hydro has established a program to effectively manage fraud risk for the project.