Office of the Auditor General of Canada—Quarterly Financial Report for the quarter ended 30 June 2017
Office of the Auditor General of Canada Quarterly Financial Report for the quarter ended 30 June 2017
Statement outlining results, risks, and significant changes in operations, personnel, and program
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 2017–18 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 results reporting process. However, the spending authorities voted by Parliament remain on an expenditure basis.
Highlights of quarterly and year-to-date results
The authorities available decreased as a result of a decrease in the statutory employee benefit plans rate (15.7% versus 17.2%).
* Includes only authorities available for use and granted by Parliament at quarter-end.
Figure 1—text version
Authorities (in millions of dollars)
Available* | Used | |
---|---|---|
2017–18 | 77.7 | 20.4 |
2016–17 | 78.5 | 19.7 |
* Includes only authorities available for use and granted by Parliament at quarter-end. |
Risks and uncertainties
Paying for increasing audit and service costs from a funding base that is not increasing will require reductions in products or services, or both, in the near future. We are reviewing our resource allocations to ensure that we can produce all required audits as efficiently as possible in the near term, and we are considering potential options for the longer term.
Significant changes in operations, personnel, and program
There are no significant changes in operations, personnel, and program.
Approved by:
[Original signed by]
Michael Ferguson, Chartered Professional AccountantCPA, Chartered AccountantCA
Fellow Chartered Professional AccountantFCPA, Fellow Chartered AccountantFCA (New Brunswick)
Auditor General of Canada
[Original signed by]
Sylvain Ricard, Chartered Professional AccountantCPA, Chartered AccountantCA
Assistant Auditor General and
Chief Financial Officer
Ottawa, Canada
29 August 2017
Statement of authorities (unaudited)
(in thousands of dollars)
Fiscal year 2017–18 | Fiscal year 2016–17 | |||||
---|---|---|---|---|---|---|
Total available for use for the year ending 31 March 2018Footnote * |
Used during the quarter ended 30 June 2017 |
Year to date used at quarter-end | Total available for use for the year ended 31 March 2017Footnote * |
Used during the quarter ended 30 June 2016 |
Year to date used at quarter-end | |
Vote 1—Program expenditures | 70,929 | 18,257 | 18,257 | 70,779 | 17,543 | 17,543 |
Less revenues netted against program expenditures | (2,660) | (106) | (106) | (2,510) | (412) | (412) |
Net Vote 1—Program expenditures | 68,269 | 18,151 | 18,151 | 68,269 | 17,131 | 17,131 |
Budgetary statutory authorities | 9,421 | 2,308 | 2,308 | 10,265 | 2,566 | 2,566 |
Total budgetary authorities | 77,690 | 20,459 | 20,459 | 78,534 | 19,697 | 19,697 |
Non-budgetary authorities | 0 | 0 | 0 | 0 | 0 | 0 |
Total authorities | 77,690 | 20,459 | 20,459 | 78,534 | 19,697 | 19,697 |
Departmental budgetary expenditures by standard object (unaudited)
(in thousands of dollars)
Fiscal year 2017–18 | Fiscal year 2016–17 | |||||
---|---|---|---|---|---|---|
Planned expenditures for the year ending 31 March 2018 |
Expended during the quarter ended 30 June 2017 |
Year to date expended at quarter-end | Planned expenditures for the year ended 31 March 2017 |
Expended during the quarter ended 30 June 2016 |
Year to date expended at quarter-end | |
Expenditures: | ||||||
Personnel
|
69,169 | 17,245 | 17,245 | 69,943 | 16,629 | 16,629 |
Transportation and communications
|
3,296 | 1,092 | 1,092 | 3,208 | 983 | 983 |
Information
|
532 | 160 | 160 | 483 | 125 | 125 |
Professional and special services
|
5,038 | 1,280 | 1,280 | 4,969 | 1,442 | 1,442 |
Rentals
|
1,034 | 722 | 722 | 1,066 | 830 | 830 |
Repair and maintenance
|
242 | 4 | 4 | 217 | 34 | 34 |
Utilities, materials and supplies
|
268 | 34 | 34 | 229 | 36 | 36 |
Acquisition of machinery and equipment
|
752 | 26 | 26 | 918 | 17 | 17 |
Other subsidies and payments
|
19 | 2 | 2 | 11 | 13 | 13 |
Total gross budgetary expenditures
|
80,350 | 20,565 | 20,565 | 81,044 | 20,109 | 20,109 |
Less revenues netted against expenditures: | ||||||
Costs recovered
|
||||||
Members of the Canadian Council of Legislative Auditors (CCOLA)
|
(660) | (106) | (106) | (660) | (114) | (114) |
International audit
|
(2,000) | 0 | 0 | (1,850) | (298) | (298) |
Total net budgetary expenditures | 77,690 | 20,459 | 20,459 | 78,534 | 19,697 | 19,697 |