Auditor General’s report gives context on their audit of UBC’s financial statements
At the end of every fiscal year, the B.C. government combines the financial information from over 160 entities, including UBC, and produces a consolidated set of summary financial statements. The information in these statements is important because it indicates the financial well-being of the province.
The office of the Auditor General of BC audits these statements and provides their audit opinion. In their 2021 report they share their general findings as well as specific highlights from their findings at UBC and our response, starting on page 39 of their unabridged report.