We issued unqualified independent auditor’s reports on the 2017–2018 financial statements for the Ministry of Economic Development and Trade, the Department of Economic Development and Trade, Alberta Innovates, and the Alberta Enterprise Corporation. Included in the ministry consolidated financial statements are the department, Alberta Innovates, and Alberta Enterprise Corporation.
There are no new or outstanding recommendations to the department or the Alberta Enterprise Corporation in this report.
We made one new recommendation to Alberta Innovates to improve user access controls and segregate incompatible duties within the financial reporting system. This is the only recommendation yet to be implemented by Alberta Innovates.
Alberta Innovates implemented our recommendation to improve financial reporting processes during the year.