Victorian Auditor-General's Office | Victorian Auditor-General's Office
Source: https://www.audit.vic.gov.au
Archived: 2026-04-23 14:52
Victorian Auditor-General's Office | Victorian Auditor-General's Office
Skip to main content
Auditing the public sector
on behalf of Parliament and Victorians
Search VAGO reports
About us
Reports
Careers
VAGO plays a key role in promoting confidence in the public sector.
We conduct audits to ensure that public sector entities are transparent
and accountable to the Victorian Parliament and the community.
Latest reports
View more reports
Latest dashboards
View more dashboards
Audits in progress
We are interested in examining if government advertising campaigns comply with the Public Administration Act 2004 and if they are cost-effective.
We plan to examine if Melbourne Water’s planning and management of drainage schemes supports timely greenfield development.
We plan to examine if the initiatives funded under the early intervention initiative are evidence-based and are being delivered in a way that enables benefits to be assessed.
VAGO news
This alert provides information and our recommendations regarding the Department of Treasury and Finance’s amendment to FRD 104 Leases, which requires right-of-use assets arising from non-concessionary leases to be subsequently measured using the cost model, replacing the previously applied revaluation model. The amendment is effective for reporting periods ending on or after 30 June 2026.
This alert, issued on 10 February 2026, contains the latest updates to financial reporting and our recommendations for how you should respond to them. This includes important information about amendments to the Financial Management Act 1993, climate reporting, AASB 13 Fair Value Measurement amendments and AASB 17 Insurance Contracts.
Skip to main content
Auditing the public sector
on behalf of Parliament and Victorians
Search VAGO reports
About us
Reports
Careers
VAGO plays a key role in promoting confidence in the public sector.
We conduct audits to ensure that public sector entities are transparent
and accountable to the Victorian Parliament and the community.
Latest reports
View more reports
Latest dashboards
View more dashboards
Audits in progress
We are interested in examining if government advertising campaigns comply with the Public Administration Act 2004 and if they are cost-effective.
We plan to examine if Melbourne Water’s planning and management of drainage schemes supports timely greenfield development.
We plan to examine if the initiatives funded under the early intervention initiative are evidence-based and are being delivered in a way that enables benefits to be assessed.
VAGO news
This alert provides information and our recommendations regarding the Department of Treasury and Finance’s amendment to FRD 104 Leases, which requires right-of-use assets arising from non-concessionary leases to be subsequently measured using the cost model, replacing the previously applied revaluation model. The amendment is effective for reporting periods ending on or after 30 June 2026.
This alert, issued on 10 February 2026, contains the latest updates to financial reporting and our recommendations for how you should respond to them. This includes important information about amendments to the Financial Management Act 1993, climate reporting, AASB 13 Fair Value Measurement amendments and AASB 17 Insurance Contracts.