Audit

The National Research Council of Canada (NRC) carries out audits of its research centres, branches, programs and initiatives, led by a team of highly qualified audit professionals.

In accordance with the Treasury Board Policy on Internal Audit, the mission of Internal Audit at NRC is to provide assessments, independent from line management, on the effectiveness of NRC's risk management, control and governance process and to report on results.

The most recent Risk-Based Internal Audit Plan and recent audit reports are listed below. Complete copies of audit reports listed as summaries can be obtained by contacting NRC Internal Audit Reports.

Audit performance results

Key compliance attributes are published as required under the Directive on Internal Audit

A.2.2.3
Departments must meet public reporting requirements as prescribed by the Comptroller General of Canada and using Treasury Board of Canada Secretariat prescribed platforms, including:
A.2.2.3.1
Performance results for the internal audit function.

These results, or key attributes demonstrate that the main fundamental elements necessary for oversight are in place, are performing as required under the Policy on Internal Audit and the Directive on Internal Audit and are achieving results. Why publish key compliance attributes of internal audit?

Key compliance attributes
Performance indicators Key compliance attributes 2017-18 Definitions
Do internal auditors in departments have the training required to do the job effectively? Are multidisciplinary teams in place to address diverse risks? Number of IA employees
(including CAEE)
11 The number of current full-time equivalent positions
% of staff with an internal audit or accounting designation (Certified Internal Auditor (CIA), Chartered Professional Accountant (CPA)) 73%  
% of staff with an internal audit or accounting designation (Certified Internal Auditor (CIA), Chartered Professional Accountant (CPA)) 9% In progress: The staff member (an indeterminate employee) has formally registered with and has been accepted by the certifying body to complete the requirements of the professional designation in a prescribed time frame and has registered for at least one component of the certification process.
% of staff holding other designations (CGAP, CISA, etc.) 18%  
Is internal audit work performed in conformance with the international standards for the profession of internal audit as required by Treasury Board policy? Date of last comprehensive briefing to the Departmental Audit Committee on the internal processes, tools, and information considered necessary to evaluate conformance with the IIA Code of Ethics and the Standards and the results of the quality assurance and improvement program (QAIP) June 2018 Last comprehensive briefing: A comprehensive briefing includes updates on all pertinent elements of the QAIP. In accordance with IIA Standard 1320, this comprehensive briefing would include:
  • the scope and frequency of both the internal and external assessments
  • the qualifications and independence of the assessor(s) or assessment team, including potential conflicts of interest
  • conclusions of assessors; and
  • corrective action plans
External assessments (practice inspections) must be conducted at least once every five years by a qualified, independent assessor or assessment team from outside the organization.
Date of last external assessment March 2018
Is internal audit credible and adding value in support of the mandate and strategic objectives of the organization? Average overall usefulness rating from senior management (ADM-level or equivalent) of areas audited. 100 % of respondents agreed or strongly agreed with the overall usefulness of the audit Average “overall usefulness” rating: Post-audit surveys to senior management of the area audited should include a question on the overall usefulness of the audit.
Internal audit status for fiscal year 2018-19
Internal audit title Audit status Report approved
date
Report published
date
Original planned management action plan (MAP) completion date AP implementation status (%)
Audit of Emergency Planning and Preparedness Planned        
Audit of IP Royalty Payments Planned        
Audit of Research and Collaboration Contracts Planned        
Continuous Audit
(Subject TBD)
Planned        

2018-2019

2017-2018

2016-2017

2015-2016

2014-2015

2013-2014

2012-2013

2011-2012

2010-2011

2009-2010

2008-2009

2007-2008

2006-2007

For prior audits and evaluation reports, please consult the Treasury Board Secretariat Reviews, Audits and Evaluation Database.

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