Report on key compliance attributes of the internal audit function: June 30, 2019
Canadian Food Inspection Agency (CFIA) internal audit is an independent, objective assurance and consulting function designed to add value and improve the Agency's operations. It helps the CFIA accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
The CFIA publishes key compliance attributes for the internal audit function as prescribed by the Comptroller General of Canada. These attributes demonstrate that the fundamental elements necessary for oversight are in place, and that the internal audit function is operating as intended.
Internal audit work is performed according to the approved risk-based audit plan and management is acting on audit recommendations
|Internal audit title||Audit status||Report approved date||Report published date||Planned management action plan completion date||Implementation status|
|Audit of Project Management||Deferred to 2021 to 2022|
|Audit of Animal Pathogen Import Permit Process||Approved||May 7, 2019||July 2019||March 2020|
|Audit of Data Integrity||Planned|
Internal auditors are trained to effectively perform the work (some staff hold more than one designation)
- 88% of staff involved in the conduct of internal audits hold an internal audit or accounting designation (Certified Internal Auditor (CIA), Chartered Professional Accountant (CPA))
- 13% of staff involved in the conduct of internal audits are in the process of obtaining their internal audit or accounting designation (CIA, CPA)
- 25% of staff involved in the conduct of internal audits hold other designations (Certified Government Auditing Professional (CGAP))
Internal audit work is performed in conformance with the international standards for the profession
- The CFIA Audit Committee last received a comprehensive briefing on the CFIA's internal processes, tools, and information considered necessary to evaluate conformance with the Institute of Internal Auditors' Code of Ethics and Standards and the results of the quality assurance and improvement program in November 2018. The results of the quality assurance and improvement program demonstrate that internal audit work continues to be carried out in conformance with professional internal audit standards.
- CFIA's internal audit function last underwent an external assessment (practice inspection) in September 2017. The assessor validated that the internal audit function generally conforms to the requirements of the Institute of Internal Auditors' (IIA) International Professional Practices Framework, including the IIA Standards and Code of Ethics. This is the highest possible rating.
Internal audit work is perceived by stakeholders as adding value
- Average overall usefulness rating from senior management (ADM-level or equivalent) of areas audited, as indicated in post-engagement satisfaction surveys: Excellent.
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