Office of the Auditor General of Canada—Quarterly Financial Report for the quarter ended 30 September 2014

Office of the Auditor General of Canada
Quarterly Financial Report for the quarter ended 30 September 2014

Statement outlining results, risks, and significant changes in operations, personnel, and programs

Introduction

This quarterly report has been prepared by management as required by section 65.1 of the Financial Administration Act and in the form and manner prescribed by the Treasury Board, and it should be read in conjunction with the Main Estimates. This quarterly report has not been subject to an external audit or review.

The Office of the Auditor General has one program activity: legislative auditing. The Office conducts independent audits and studies that provide objective information, advice, and assurance to Parliament, government, and Canadians.

Mandate

The Auditor General is an Officer of Parliament, who is independent from the government and reports directly to Parliament. The duties are set out in the Auditor General Act, the Financial Administration Act, and other acts and orders-in-council. These duties relate to legislative auditing and, in certain cases, to monitoring of federal departments and agencies, Crown corporations, territorial governments, and other entities.

Basis of presentation

This quarterly report has been prepared by management using an expenditure basis of accounting. The accompanying Statement of Authorities includes the Office’s spending authorities granted by Parliament and those used by the Office consistent with the Main Estimates for the 2014–15 fiscal year. This quarterly report provides financial information on the use of spending authorities. The Office uses the full accrual method of accounting to prepare and present its annual financial statements that are part of the departmental performance reporting process. However, the spending authorities voted by Parliament are on an expenditure basis.

Highlights of quarterly and year-to-date results

The authorities available decreased as a result of the implementation of the Office Strategic Operating Review Proposal. It should be noted that the 2014–15 authorities available includes the 2013–14 carry-forward funding while the 2013–14 authorities available do not include the prior year carry-forward funding since it had not yet been allocated by Treasury Board at the end of the second quarter.

The authorities used increased primarily due to the one-time transition payment of $2.1 million made as a result of a change from pay in advance of work performed to pay in arrears.

 

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*Includes only authorities available for use and granted by Parliament at quarter-end

 

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Risks and uncertainties

There are no significant risks and uncertainties to report.

Budget 2012 implementation

The Office achieved its planned savings in fiscal year 2014–15 through efficiency measures and reductions that aligned resources to its core mandate and streamlined how the Office works.

Significant changes in operations, personnel, and programs

There are no significant changes in operations, personnel, or programs to report.

Approved by:

Ottawa, Canada
28 November 2014

Statement of authorities (unaudited)

Statement of authorities (unaudited) (continued)

*Includes only authorities available for use and granted by Parliament at quarter-end

Departmental budgetary expenditures by standard object (unaudited)

Departmental budgetary expenditures by standard object (unaudited) (continued)

*Includes the one time transition payment of $2.1 million made in 2014–15 as a result of a change from pay in advance for work performed to pay in arrears.