Description: On January 22, New Brunswick’s Auditor General, Kim MacPherson, released her report for 2014. Two issues which grabbed a lot of attention were the Province’s increasing public debt and NB Power’s refurbishment of the Point Lepreau nuclear generating station. Another important issue raised was the deteriorating state of the Province’s public assets, and the need for government to improve planning for maintenance of this infrastructure.

Source: CTVnews.ca

Date:  January 22, 2015

Link: http://atlantic.ctvnews.ca/n-b-needs-to-cut-spending-boost-revenues-auditor-general-says-1.2200515

Discussion Points:

1) What are some strategies our governments might use to address our increasing public debt?

2) What role could accountants play in the efforts to improve the management of public infrastructure? What are some of the tools accountants could bring to the discussion?

3) As a student looking at an accounting career, have you ever considered the opportunities offered by the country’s various auditors general to earn your accounting designation? Why or why not?