Internal Audit and Evaluation
The Internal Audit Directorate and the Corporate Management and Evaluation Division support the Deputy Minister and senior management in attaining the strategic objectives of the Department by providing internal audit and evaluation services.
The Internal Audit Directorate also supports the Departmental Audit Committee and provides liaison services between the Department and external oversight organizations such as the Office of the Comptroller General and Agents of Parliament, principally the Office of the Auditor General. As for the Corporate Management and Evaluation Division, it supports the Performance Measurement and Evaluation Committee.
Audit and Evaluation Reports
List of Planned Internal Audit Engagements
Internal Audit Directorate’s Performance Results
The results of audits and evaluations of government operations involving the Department of Finance Canada are posted online to promote accountability and transparency.
Internal Audits
Current
Audit of the Indigenous Tax Administration Agreements' Governance Framework (2019)
Audit of Safeguarding of Sensitive Information (2019)
Audit of Information Management of the Federal Budget Process (2019)
Coordinated Audit of Physical Security Access at The James Michael Flaherty Building (2017)
Archived
Audit of the Business Continuity Planning Program (August 2016)
Audit of Web Posting (June 2016)
Audit of the Control Framework for Foreign Debt (December 2015)
Audit of Access to Information - Systems and Processes (May 2015)
Audit of Acquisition Cards (December 2014)
Audit of the Control Framework for Transfer Payments (December 2014)
Audit of the Control Framework for Domestic Debt (December 2013)
Audit of the Control Framework for Foreign Debt (December 2013)
Audit of Travel and Hospitality (December 2013)
Audit of Financial Commitments to the World Bank (December 2013)
Audit of Payments in Lieu of Severance Pay (March 2013)
Audit of the Control Framework for the Transfer Payments Process (December 2012)
Audit of the Control Framework for the Crown Borrowing Process (December 2012)
Audit of the Business Continuity Plan (August 2012)
Audit of Contracting (August 2012)
Audit of the Access to Information Process (May 2012)
Follow-Up Audit of the Office of the Auditor General Income Tax Legislation Audit (January 2012)
Audit of Integrated Human Resources Planning (January 2012)
Audit of the Federal Budget Process (January 2012)
Audit of the Debt Management Process (June 2011)
Audit of Values and Ethics (December 2010)
Audit of Circulating Coins (December 2010)
Audit of the Management of Transfer Payments to Provinces and Territories (December 2010)
Audit of Risk Management (March 2010)
Follow-up Audit of the Toronto Waterfront Revitalization Initiative (September 2009)
Audit of the Security of Information (June 2009)
Audit of Pay and Related Benefits (May 2009)
Audit of Leave and Overtime (December 2008)
Audit of Administrative Controls over the Foreign Debt Portfolio and Foreign Currency Asset Reserves (May 2006)
Audit of Administrative Controls over the Domestic Debt (July 2004)
Audit of First Nations Sales Tax Administration Agreements (June 2003)
Audit of Fiscal Transfer Payments to the Provinces and Territories (May 2002)
Evaluations
Current
Evaluation of Canada's Payments to the International Development Association (September 2018)
Archived
Evaluation of the Financial Sector Policy Branch (December 2015)
Evaluation of the Economic and Fiscal Policy Branch (June 2015)
Evaluation of the Retail Debt Program (June 2015)
Evaluation of the Advanced Policy Analyst Program (March 2015)
Harbourfront Centre Funding Program Evaluation Report (December 2014)
Neutral Assessment of Finance Canada's Evaluation Function (December 2013)
Evaluation of the Toronto Waterfront Revitalization Initiative (December 2013)
Evaluation of the Research and Policy Initiatives Assistance Program (August 2013)
Evaluation of the Crown Borrowing Program (May 2013)
Evaluation of the Tax Policy Branch (March 2013)
Evaluation of the Consultations and Communications Branch (March 2013)
Evaluation of the International Trade and Finance Branch (December 2012)
Evaluation of the Asset Allocation Framework of the Exchange Fund Account (March 2012)
Evaluation of Canada's Payments to the International Development Association (IDA) (January 2012)
Evaluation of the Economic Studies and Policy Analysis Division (January 2012)
Evaluation of the Federal-Provincial Relations Division (January 2012)
10-Year Evaluation of Canada's Anti-Money Laundering and Anti-Terrorist Financing Regime (December 2010)
Evaluation of the Harbourfront Centre Funding Program (December 2010)
Evaluation of the Debt Auction Process Nominal Bonds, Real Return Bonds, Treasury Bills (October 2010)
Evaluation of Canada's International Debt Relief Initiatives (March 2010)
Evaluation of the Research and Policy Initiatives Assistance Program - Finance Canada (March 2009)
Emergency Preparedness & Critical Infrastructure Protection Summative Evaluation Report (May 2008)
Risk Management Report (November 2007)
Evaluation of the Exchange Fund Account (July 2006)
Report on the Evaluation of the Receiver General Cash Management Program (June 2006)
Review of Borrowing Framework of Major Federal Government-Backed Entities (June 2005)
Governance Evaluation: Debt & Reserves Management (March 2004)
Review of Canada Savings Bonds (January 2004)
Evaluation of the Bond Buyback Program (April 2003)
The National Initiative to Combat Money Laundering: Year Three Evaluation (February 2003)
External Review of the Reserves Management Framework (December 2002)
Developing Well Functioning Canada Bond and Bill Markets (March 2002)
Evaluation of the Government's Decision to Target a Higher Fixed Rate Debt Structure (February 2002)
External Audits
Office of the Auditor General – Performance audits involving the Department of Finance Canada (2009 to present)
Public Service Commission – Audit of the Department of Finance Canada (November 2013)
Office of the Comptroller General – Horizontal internal audits involving the Department of Finance Canada (2008 to present)