Internal Audit

Internal audit is a professional appraisal function that operates independently of line management, providing an objective assessment of practices and activities and contributing to accountability and transparency. Internal audit provides deputy heads with assurance as to the design and operation of the governance, risk management, and control processes in their organizations. Conducting internal audits in government departments and agencies promotes effective management and the highest ethical standards throughout government. Internal audit plays a key role in ensuring that Canadians receive value for their tax dollars.

News and Events

Amendments to the Policy on Internal Audit

On July 1, 2009 the amended Policy on Internal Audit took effect. The changes are designed to bring the Policy in line with the Federal Accountability Act, and better support the role of deputy heads as accounting officers.

Since the introduction of the Policy on Internal Audit in 2006, the Government has made significant and substantial progress to strengthen the internal audit function. Across government, chief audit executives are now in place, independent departmental audit committees have been established, and the Office of the Comptroller General is undertaking horizontal auditing work on issues that transcend individual departments and agencies.

Government Economic Action Plan – Budget 2009

The economic action plan is in the forefront of many government departments and, as such, is a focus of internal audit.  We are working with all Chief Audit Executives, provincial auditors, the Audit General of Canada, and the finance community.  Our focus is on the development of principles and tools that will help to position internal audit so that it can assist departments, in a timely manner, in assessing potential risk management, control and governance issues that would impact on the delivery of funds and the achievement of objectives.

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