Internal Audit Performance Results – First update 2020/21

Performance results for the internal audit function

As per the Directive on Internal Audit, departments must meet public reporting requirements as prescribed by the Comptroller General of Canada including performance results for the internal audit function.

The following four key compliance attributes provide pertinent information to stakeholders, in other words, Canadians and parliamentarians, regarding the professionalism, performance, and impact of the function in the Department.

For more information, see Why publish key compliance attributes of internal audit.

Compliance Attributes

Key Compliance Attributes

Results for INFC
  1. Do internal auditors in departments have the training required to do the job effectively? Are multidisciplinary teams in place to address diverse risks?

Percentage of staff with an internal audit or accounting designation (Certified Internal Auditor (CIA), Chartered Professional Accountant (CPA)).

45%

 

Percentage of staff with an internal audit or accounting designation (CIA, CPA) in progress.

27%

Percentage of staff holding other designations (Certified Government Auditing Professional (CGAP),   Certified Information Systems Auditor (CISA), etc.).

27%
  1. Is internal audit work performed in conformance with the international standards for the profession of internal audit as required by Treasury Board policy?

Date of last comprehensive briefing to the Departmental Audit Committee on the internal processes,  tools, and information considered necessary to evaluate conformance with the Institute of Internal Audit Code of Ethics and the Standards and the results of the Quality Assurance and Improvement Program (QAIP).

July 20, 2017

Date of last external assessment.

April 26, 2017
  1. Are the Risk-based audit plans (RBAPs) submitted to audit committees and approved by deputy heads implemented as planned with resulting reports published?
    Is management acting on audit recommendations for improvements to departmental processes?

Risk-based audit plans (RBAPs) and related information:

  1. name / status of audit for the current fiscal year of the RBAP
  2. date the audit report was approved
  3. date the audit report was published
  4. original planned date for completion of all management action plan (MAP) items
  5. status of MAP items

For this compliance attribute, see RBAP and Related Information
  1. Is internal audit credible and adding value in support of the mandate and strategic objectives of the organization?

Average overall usefulness rating from senior management (Assistant Deputy Minister-level or equivalent) of areas audited.

N/A

Plan d’audit axé sur les risques (PAAR) et renseignements connexes

Internal audit title

Audit status

Report approved date

Report published date

Original planned MAP completion date

Implementation status

Combined Audit & evaluation of The Territories (NBCP & Upcoming new programs)

Complete

2019/08/13

2019/12/10

2020/08/31

75%

Audit of Departmental Security

Complete

2019/10/07

2020/02/17

2020/03/31

93%

Audit of Investing in Canada Infrastructure Program (ICIP) -

Integrated Bilateral Agreements

Complete

2020/06/08

2020/10/15

2021/04/30

63%

Audit of the Disaster Mitigation and Adaptation Fund

Complete

2020/06/08

2020/10/15

2020/10/31      

50%

Review of Internal Controls over Financial Management (ICFM)

Planned

 

 

 

 

Investing in Canada Infrastructure Program (ICIP) – COVID Stream

Planned

 

 

 

 

Audit of Management of the Champlain Bridge (post-construction)

Planned