Audit of the Infrastructure Program-Canada-Ontario Infrastructure Program (COIP) and Canada-Ontario Municipal Rural Infrastructure Fund (COMRIF)-Table of Contents

Final Audit Report

Audit and Evaluation Branch

January 2008

Recommended for Approval to the Deputy Minister by the DAC on February 28, 2008

Approved by the Deputy Minister on March 14, 2008

This publication is available upon request in accessible formats.

Contact:
Multimedia Services Section
Communications and Marketing Branch
Industry Canada
Room 264D, West Tower
235 Queen Street
Ottawa ON K1A 0H5

Tel.: 613-948-1554
Fax: 613-947-7155
Email: multimedia.production@ic.gc.ca

---

Permission to Reproduce

Except as otherwise specifically noted, the information in this publication may be reproduced, in part or in whole and by any means, without charge or further permission from Industry Canada, provided that due diligence is exercised in ensuring the accuracy of the information reproduced; that Industry Canada is identified as the source institution; and that the reproduction is not represented as an official version of the information reproduced, nor as having been made in affiliation with, or with the endorsement of, Industry Canada.

For permission to reproduce the information in this publication for commercial redistribution, please email: copyright.droitdauteur@pwgsc.gc.ca

Cat. No. Iu4-130/2008E-PDF
ISBN 978-0-662-48302-1

60451

Aussi offert en français sous le titre Vérification du Programme d'infrastructures Canada-Ontario (PICO) et du Fonds sur l'infrastructure municipale rurale Canada-Ontario (FIRMCO)

---

Table of Contents

• 1.0 Executive Summary
  • 1.1 Introduction
  • 1.2 Main Findings
  • 1.3 Recommendations
  • 1.4 Lessons Learned
  • 1.5 Statement of Assurance
  • 1.6 Audit Opinion
• 2.0 About the Audit
  • 2.1 Background
    • COIP Program
    • COMRIF Program
  • 2.2 Audit Objectives
  • 2.3 Audit Criteria
  • 2.4 Audit Scope
  • 2.5 Audit Methodology
• 3.0 Observations
  • 3.1 Introduction
  • 3.2 Effectiveness of the Management Control Framework
    • Governance
    • Internal Control
    • Risk Management
  • 3.3 Compliance with the Policy on Transfer Payments
    • Governance
    • Internal Control
    • Risk Management
• 4.0 Findings and Recommendations
  • Finding #1: Recipient audits and monitoring activities are not being conducted in accordance with a formal risk-based approach or on a timely basis.
  • Recommendation #1:
  • Finding #2: Instances of non-compliance with established procedures were identified.
  • Recommendation #2:
  • Finding #3: No formal measurement and tracking of the overall impacts and outcomes of the Program is currently conducted
  • Recommendation #3:
  • Lessons Learned
  • Audit Conclusion
• 5.0 Appendix A: Audit Criteria
• 6.0 Appendix B: Management Action Plan