Australia

OECD member since 1971

This set of indicators covers regulations and practice on public sector internal control, internal audit and risk management. Data is currently available for 2023 for OECD members, and data for non-OECD members will be released in 2025.

Only available data

Regulatory framework for internal control

ARG	AUS	AUT	BRA	CAN	CHL	CRI	CZE	DNK	ECU	EST	FIN	FRA	GRC	IDN	IRL	JPN	KOR	LVA	LTU	LUX	MEX	MDA	NLD	NOR	PER	POL	PRT	SVK	SVN	ESP	SWE	TUR	UKR	USA	ARG	AUS	AUT	BRA	CAN	CHL	CRI	CZE	DNK	ECU	EST	FIN	FRA	GRC	IDN	IRL	JPN	KOR	LVA	LTU	LUX	MEX	MDA	NLD	NOR	PER	POL	PRT	SVK	SVN	ESP	SWE	TUR	UKR	USA	OECD_AVG	OECD_AVG	APAC_AVG	APAC_AVG	APAC_AVG	EU27_AVG	EU27_AVG	Eurasia_AVG	Eurasia_AVG	Eurasia_AVG	LAC_AVG	LAC_AVG	LAC_AVG	BEST	BEST	BEST	BEST	ALL_AVG	ALL_AVG	ALL_AVG	ALL_AVG	OECD_ACC_AVG	OECD_ACC_AVG	OECD_ACC_AVG	OECD_PARTNER_AVG	OECD_PARTNER_AVG	OECD_PARTNER_AVG
90	70	40	90	100	70	100	60	50	40	100	90	90	100	100	90	30	80	70	100	40	100	100	100	100	40	80	80	80	100	100	100	40	70	100	90	70	40	90	100	70	100	60	50	40	100	90	90	100	100	90	30	80	70	100	40	100	100	100	100	40	80	80	80	100	100	100	40	70	100	80.7	80.7	60	100	70	81.7	81.7	70	100	85	81.7	40	75.7	100	70	100	100	80	70	80	79.7	73.3	100	80	70	70	70

List of indicators for Effectiveness of internal control and risk management

Click on an indicator to see the criteria that are used to calculate it.

Only available data

Top performing and underperforming criteria in Australia

This table shows the criteria within this dataset where the selected country performs the most above and below average. OECD countries are compared to the OECD average and partner countries are compared to the partner country average. Only criteria fulfilled by less than 40% of countries are shown as leading, and only criteria fulfilled by more than 40% of countries are shown as lagging.


Regulations specify the objectives of IC.	63% of OECD countries fulfill	16% of OECD partner and accession countries fulfill	Lagging
The regulatory framework stipulates the independence of the IA function in determining the scope of internal auditing, performing work, and communicating results.	61% of OECD countries fulfill	13% of OECD partner and accession countries fulfill	Lagging
Standards of conduct and ethical behaviour are published and applicable for members of parliament.	55% of OECD countries fulfill	19% of OECD partner and accession countries fulfill	Lagging
Audit plans in at least half of sample organisations include integrity-specific objectives aimed at reducing fraud and other public integrity risks.	16% of OECD countries fulfill	6% of OECD partner and accession countries fulfill	Leading
All sample organisations have conducted at least one risk assessment exercise in the past 3 years.	16% of OECD countries fulfill	9% of OECD partner and accession countries fulfill	Leading
Audit plans in all sample organisations use data from an entity-wide risk register and the IA function’s risk assessment to select areas to audit within the defined audit universe.	18% of OECD countries fulfill	6% of OECD partner and accession countries fulfill	Leading