Today, the Auditor General released its annual report, confirming that the Government of Newfoundland and Labrador received an unqualified (clean) audit opinion on the 2021-22 Public Accounts, the audited financial statements of the province for the fiscal year that ended March 31, 2022. The province recorded a better and improved fiscal year-end than had been anticipated, with 2021-22 having the lowest deficit in recent years.

The report also contains an update on recommendations from prior years’ reports. Almost 75 per cent of recommendations have been fully or partially implemented.

The Honourable Siobhan Coady, Minister of Finance and President of Treasury Board will be available to media at 12:45 p.m. today (Thursday, February 23) to respond to the report. The availability will take place in front of the House of Assembly, East Block, Confederation Building.

The Government of Newfoundland and Labrador recently strengthened the role of the Auditor General as part of its prudent fiscal governance plan. This has enabled the Auditor General to provide further recommendations in her report to improve accounting practices within government and its entities.

Quote
“We have just received the Auditor General’s annual report, and we will now take the time to review and consider all recommendations. We thank the Auditor General and her team for their work. We appreciate the sound counsel her office provides.”
Honourable Siobhan Coady
Minister of Finance and President of Treasury Board

-30-

Learn more
2022 Office of the Auditor General Annual Report

Provincial Government Releases 2021-22 Public Accounts

Follow us on Twitter @GovNL and @FIN_GovNL

Like us on Facebook