International Journal of Auditing – October 2009
Canada
External Peer Review of Audit Practices
Through external peer reviews conducted by other supreme audit institutions, the Office of the Auditor General (OAG) Canada periodically seeks independent assurance that its quality management system is suitably designed and is operating effectively. These reviews provide assurance that the OAG can produce independent, objective, and supportable information that Parliament can rely on to examine the government’s performance and hold it to account.
At present, the Australian National Audit Office is leading an international review team in conducting an external peer review of OAG Canada. The review will encompass all three main audit practices (performance audits, financial audits, and special examinations), as well as key services that directly support audit operations. Two previous external peer reviews in 1999 and 2003 found that the quality management systems for financial audits and performance audits were designed and operating effectively.
The peer review report is expected in 2010. It will be available on the OAG Canada Web site.
For additional information, please contact OAG Canada:
E-mail: frasers@oag-bvg.gc.ca
Web site: www.oag-bvg.gc.ca