Tasmanian Audit Office

What Tasmanian Audit Office does

The Tasmanian Audit Office (trading as 'Audit Tasmania' since 1 July 2025) is the independent statutory audit institution for the State of Tasmania, Australia, established under the Audit Act 2008 and headquartered in Hobart. It provides independent assurance to the Parliament of Tasmania and the community on the performance and accountability of the Tasmanian Public Sector, conducting both financial audits and performance audits of state entities, local government (29 councils), and government businesses. Founded in 1826, it operates with a small team (11-50 employees) under the leadership of Auditor-General Martin Thompson, who commenced his term in May 2024.

Its core products are audit reports and publications: Performance Audits examining the effectiveness, efficiency, and economy of government programs; Financial Audit Reports covering General Government Sector, Local Government, and Government Businesses; Annual Reports; the Auditor-General's Annual Plan; and supporting communiques and follow-up reports. No proprietary technology is disclosed; the office uses standard audit methodology and delivers structured reports through its official website (audit.tas.gov.au) and via direct tabling in Parliament with presentations to Parliamentary committees.

The business model is non-commercial. As a government state entity, the office is funded through parliamentary appropriations rather than client fees, and operates under statutory mandate rather than market competition. It does not have a pricing model, customer acquisition function, or revenue targets. Its 'customers' in the assurance sense are the Parliament of Tasmania and the audited public sector entities, with no churn risk since the mandate is constitutionally established. The office maintains transparency through public reporting, an email subscription service for report notifications, and a Section 44 Review process under the Audit Act 2008.

Name

Tasmanian Audit Office

Legal name

Tasmanian Audit Office

Website

https://audit.tas.gov.au

Company type

Private

Founded year

1826

Operating status

Operating

Headcount range

11–50 employees

Short description

The Tasmanian Audit Office, trading as Audit Tasmania, is the independent statutory audit institution for the State of Tasmania, Australia, providing financial and performance audits of state entities, local government, and government businesses to the Parliament and community under the Audit Act 2008.

Ownership category

akta.pro rank

Product category

Government Auditing Services

NAICS

Public Finance Activities (921130)

akta.pro primary industry

Financial Risk, Controls & Audit (Public Sector) (BPAIAEAH)

akta.pro secondary industries

Audit & Assurance Services (BPAHABAA), Government Accounting & Financial Reporting (BPAIAEAD)

Keywords

• Government auditing services
• Public sector assurance
• Financial audit reports
• Performance audit services
• Parliamentary audit oversight

Headquarters

HQ city

Hobart

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Distribution channels2 records

Marketing channels3 records

Core offering

The Tasmanian Audit Office provides independent assurance to the Parliament of Tasmania and the community on the performance and accountability of the Tasmanian Public Sector. It conducts statutory financial audits of state entities, government businesses, and local councils, and performance audits examining the effectiveness, efficiency, and economy of government programs. Its core deliverable consists of structured audit reports and communiques tabled in Parliament and published publicly.

Product overview

Audit Tasmania operates as a single unified audit and assurance service, providing independent performance and financial audits to the Tasmanian Parliament and public sector. The core offerings consist of Performance Audit Reports examining government program effectiveness, Financial Audit Reports covering State entities across General Government, Local Government, and Government Business sectors, Annual Reports of the Audit Office itself, and the Auditor-General's Annual Plan outlining yearly audit priorities. All audit reports and communiques are published and made available to Parliament and the public through the publications platform. The organization does not offer commercial software products but rather delivers audit findings and recommendations as structured reports.

Differentiator

Problem solved

Functional benefit

Products and services

• Performance Audits Independent performance audit reports examining the effectiveness, efficiency, and economy of government programs, services, and operations in Tasmania. Targeted at Parliament, state entities, and the public to support scrutiny and improvement of public sector performance.
• Financial Audit Reports Auditor-General's reports on financial statements of Tasmanian State entities, including separate volumes covering the General Government Sector, Local Government, and Government Business Enterprises. Used by Parliament and the public to assess financial accountability.
• Annual Reports Annual reports presenting the activities, performance, and financial statements of the Tasmanian Audit Office, tabled in Parliament pursuant to the Audit Act 2008.
• Auditor-General's Annual Plan Annual planning document outlining planned audit work, priorities, and strategic focus for each fiscal year, issued pursuant to section 11 of the Audit Act 2008.
• Publications and Communiques Comprehensive collection of all audit reports, follow-up reports, examinations, investigations, and official communiques from the Auditor-General, published and made available to Parliament and the public through the publications platform.

Quantifiable outcome

• Annual publication of financial audit reports across all Tasmanian State entities, local government authorities, and government businesses
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• UK National Audit Office (NAO): The United Kingdom's supreme audit institution scrutinising public spending for Parliament. Comparable in mandate and methodology but at significantly larger scale; a useful broad incumbent benchmark for audit methodology and reporting standards.

Direct peers

• Western Australian Office of the Auditor General: Independent office reporting to the Western Australian Parliament on financial and performance audits of state and local government entities. Directly comparable peer with the same statutory auditor mandate across another Australian state.
• Victorian Auditor-General's Office (VAGO): Independent auditor of the Victorian public sector, issuing financial audit and performance audit reports to the Victorian Parliament. Operates under an equivalent mandate and similar publication cadence to the Tasmanian Audit Office.
• NSW Audit Office: Statutory audit office for New South Wales, providing financial and performance audits of state and local government entities. Shares the same legal mandate structure (Audit Act framework) and reports to its state parliament, making it a directly comparable peer.
• Australian National Audit Office (ANAO): The federal-level Australian audit institution performing financial and performance audits of commonwealth entities. Operates an identical mandate structure and reports to the Australian Parliament, making it the closest functional peer for the Tasmanian Audit Office.
• Queensland Audit Office (QAO): Independent audit office auditing Queensland public sector entities and local governments. Functions as the analogue state-level auditor and reports to the Queensland Parliament, structurally aligning with the Tasmanian Audit Office's remit.
• ACT Audit Office: Auditor of the Australian Capital Territory Government and its entities, including territory authorities and agencies. Functions as a directly comparable statutory peer within an analogous small-jurisdiction scope.
• South Australian Audit Office: Statutory audit office auditing South Australian public sector entities. Comparable peer operating under the same state-level audit act model with similar financial and performance audit product lines.
• Northern Territory Auditor-General's Office: Independent statutory auditor for the Northern Territory public sector. Closest peer by scale and structure given the similarly small jurisdiction and economy, with comparable mandate over territory entities and councils.

Regional players

• New Zealand Office of the Auditor-General: New Zealand's statutory auditor operating under the Public Audit Act 2001, performing financial and performance audits of public entities. Operationally aligned but sits in a different national jurisdiction, making it a regional peer for capability and benchmarking purposes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/tasaudit
• LinkedInlinkedin.com/company/tasmanian-audit-office

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tasmanian Audit Office