This year, we issued an unqualified (clean) audit opinion on the Province’s Consolidated Financial Statements. Based on our work, we have concluded the 2019–2020 financial statements are fairly presented in accordance with Canadian Public Sector Accounting Standards.
Most agencies, boards and commissions did not experience significant delays in completing their year-end processes due to COVID-19. They generally had effective financial reporting processes and prepared good quality financial statements.
Where we did identify significant weaknesses in the internal controls over financial reporting, we describe those weaknesses in the following sections of the Report of the Auditor General—November 2020:
Accounting errors related to significant Ministry of Energy transaction (page 84)
Alberta Environment and Parks
Process to ensure legislative compliance of grant expenditures with the Emission Management and Climate Resilience Act (page 100)
Alberta Treasury Board and Finance
Accounting for Assured Income for Severely Handicapped (AISH) and Income Support (page 138)