Archived - Department of Finance Canada’s Internal Audit Directorate: Key Compliance Attributes of Internal Audit - 2019-2020-Q1
Report – June 30th, 2019
Directive on Internal Audit
Appendix A: Mandatory Procedures for Internal Auditing in the Government of Canada
- A.2.2.3 Departments must meet public reporting requirements as prescribed by the Comptroller General of Canada and using Treasury Board of Canada Secretariat prescribed platforms, including:
- A.2.2.3.1 Performance results for the internal audit function
- The objective of publishing departmental internal audit performance results, in the form of key compliance attributes, is to provide pertinent information to stakeholders (Canadians, parliamentarians) regarding the professionalism, performance and impact of the function in departments.
The key compliance attributes detailed below have been selected to show an external audience that an internal audit function is in place within the Department and is operating as intended.
Departments with internal audit functions are required to publish key attributes of compliance as per section A.2.2.3.1 of the Treasury Board Directive on Internal Audit. It is important that the public is aware that the heads of government organizations are receiving assurance and that activities are managed in a way that demonstrates responsible stewardship.
More information regarding the rationale behind publishing these attributes can be found under the OCG web page.
2018-2019 Q1 Performance Results
Table 1 – Audit plan and related information
| Internal audit | Audit status | Report approved date | Report published date | Original planned MAP completion date | Implementation status | |
|---|---|---|---|---|---|---|
| 1 | Audit of Business Continuity Planning Program | Published: MAP not fully implemented | 2016/08/29 | 2016/11/22 | March 2018 | 67% |
| 2 | Coordinated Audit of Physical Security Access at The James Michael Flaherty Building | Published: MAP not fully implemented | 2017/11/22 | 2018/01/10 | March 2018 | 60% |
| 3 | Audit of Information Management of the Federal Budget Process | Published: MAP not fully implemented | 2018/10/24 | 2019/01/25 | March 2019 | 50% |
| 4 | Audit of Safeguarding of Sensitive Information | Published: MAP not fully implemented | 2018/12/14 | 2019/02/25 | March 2019 | 75% |
| 5 | Review of the Reserves Management Systems | Approved: No MAPs | 2019/05/15 | N/A | N/A | N/A |
| 6 | Review of Information Technology (IT) Governance and IT Project Management | Approved: No MAPs | 2019/05/15 | N/A | N/A | N/A |
| 7 | Audit of the Indigenous Tax Administration Agreements' Governance Framework[1] | Approved: No MAPs | 2019/05/15 | Planned to be published by the end of July 2019 | N/A | N/A |
| 8 | Audit of the Department’s Information and Records Management System (SharePoint) | In progress | ||||
| 9 | Audit of Financial Commitments to International Financial Institutions[2] | Planned | ||||
| 10 | Review of Audit Readiness: Management of Special Projects | Planned | ||||
| 11 | Staffing Review | Planned | ||||
| 1 This assurance engagement was requested by the Deputy Minister after the approval of the 2018–19 to 2020–21 RBAP. 2 Formerly known as the Audit of the International Financial Institution’s Governance Framework. |
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