Audit Wales has published its Annual Plan for 2023-24 which outlines its priorities for the next 12 months.
The value of public audit in a rapidly changing, complex environment is vital to providing assurance to the public, politicians, decision-makers and influencers on whether public money is being well spent. This is even more important in times when the public spending power has been eroded and finances are under such strain. Our audit programme will reflect some of the biggest challenges facing Wales.
Last year, we published our five-year strategy, which provides the context for this Annual Plan and sets out our work programme during the second year of delivering our strategy, focussing on three key areas:
- Strategic, dynamic and high-quality audit programme
- Targeted and impactful approach to communications and influencing
- Culture and operating model that enables us to thrive both now and in the future.
Our Annual Plan, as well as setting out our work programme for 2023-24, also highlights several priority areas that will support our audit work and the running of the business, how we plan on achieving them and what we will do to enhance our approach to monitoring performance.