Description:    The Canadian Taxpayers Federation usually is not in the habit of praising a government for spending more money. This past week, however, the Federation did react positively to the news that the Office of the Auditor General of New Brunswick would be receiving an extra $1 million in its budget for 2019-20. This increase seems to put New Brunswick closer to the its Atlantic counterparts in terms of funding for the legislative audit office. By the way, if you are looking for work, a quick check of CareerBeacon shows the Office is already advertising for additional staff to put those new dollars to work. https://www.careerbeacon.com/en/job/1531232/office-of-the-auditor-general-bureau-du-verificateur-general/performance-financial-auditors/fredericton

Date:  March 19, 2019

Source:  cbc.ca

Link: https://www.cbc.ca/news/canada/new-brunswick/budget-boost-1million-auditor-general-1.5063220h

Discussion points:   

1) How would feel about an auditing career with an auditor general’s office? Have you considered that as an option?

2) If you were the auditor general, how would spend this extra $1 million?

3) Chapter 14 in Wiley’s Financial Accounting: Tools for Business Decision-Making talks about the big subject of performance measurement, but is largely directed towards for-profit enterprises. How could you measure the Office’s performance or success in spending an extra $1 million in the public sector?