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 Annual Report of Deposits and Reservable LiabilitiesFR 2910a Annual Report of Deposits and Reservable LiabilitiesFR 2910a 2018

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this presentation provides an overview of the Auditor General's report on the state of Victoria's annual financial report for 2018-19 or the AFR the report provides Parliament with information about matters arising from our financial orders of the 2018-19 AFR and our assessment of the financial sustainability of the state at 30 June 2019 we issued clear audit opinions this year on the financial statements of two states and the general government sector we concluded that the state continues to operate sustainably and remains financially well positioned 29 state controlled entities make up the majority of total state revenue expenses assets and liabilities we focus our attention on these entities when forming an opinion on the AFR in 2018-19 we issue clear audit opinions on the financial statements of all 29 entities we found internal control environments were generally strong the 29 entities however we continue to identify IT deficiencies particularly in the areas of acc

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