2018 Fall Reports of the Auditor General of Canada to the Parliament of Canada Appendix—Costs of Crown Corporation Audits
2018 Fall Reports of the Auditor General of Canada to the Parliament of CanadaAppendix—Costs of Crown Corporation Audits
The Office is required, under section 147 of the Financial Administration Act, to disclose its costs incurred in preparing annual audit (Exhibit 1) and special examination reports on Crown corporations.
An annual audit report includes an opinion on a corporation’s financial statements and on its compliance with specified authorities. It may also include reporting on any other matter deemed significant.
A special examination determines whether a corporation’s financial and management control and information systems and its management practices provide reasonable assurance that
- assets have been safeguarded and controlled;
- financial, human, and physical resources have been managed economically and efficiently; and
- operations have been carried out effectively.
In the 2017–18 fiscal year, the Office completed the special examination of six Crown corporations. The costs incurred are in the following table:
Atomic Energy of Canada Limited | $922,360 |
Canadian Museum for Human Rights | $1,081,129 |
Export Development Canada | $1,055,746 |
Great Lakes Pilotage Authority | $799,535 |
National Capital Commission | $975,489 |
Ridley Terminals incorporatedInc. | $901,025 |
Exhibit 1—Cost of preparing annual audit reports for fiscal years ending on or before 31 March 2018
Crown corporation | Fiscal year ended | Cost ($) |
---|---|---|
Atlantic Pilotage Authority | 31.12.17 | 125,186 |
Atomic Energy of Canada Limited | 31.03.18 | 790,912 |
Business Development Bank of Canada (joint audit) | 31.03.18 | 706,540 |
Canada Council for the Arts | 31.03.18 | 244,600 |
Canada Deposit Insurance Corporation | 31.03.18 | 250,988 |
Canada Development Investment Corporation (joint audit) | 31.12.17 | 174,385 |
Canada Hibernia Holding Corporation (joint audit) | 31.12.17 | 146,272 |
Canada Infrastructure Bank | 31.03.18 | 139,642 |
Canada Lands Company Limited | 31.03.18 | 679,986 |
Canada Mortgage and Housing Corporation (joint audit) | 31.12.17 | 767,695 |
Canada Post Corporation (joint audit) | 31.12.17 | 820,480 |
Canadian Air Transport Security Authority | 31.03.18 | 542,996 |
Canadian Broadcasting Corporation | 31.03.18 | 1,256,630 |
Canadian Commercial Corporation | 31.03.18 | 366,468 |
Canadian Dairy Commission | 31.07.17 | 203,466 |
Canadian Museum for Human Rights | 31.03.18 | 286,451 |
Canadian Museum of History | 31.03.18 | 207,427 |
Canadian Museum of Immigration at Pier 21 | 31.03.18 | 114,306 |
Canadian Museum of Nature | 31.03.18 | 320,187 |
Canadian Race Relations Foundation | 31.03.18 | 190,445 |
Canadian Tourism Commission | 31.12.17 | 276,286 |
Defence Construction (1951) Limited | 31.03.18 | 195,347 |
Export Development Canada | 31.12.17 | 1,540,695 |
Farm Credit Canada | 31.03.18 | 1,001,140 |
Federal Bridge Corporation Limited, The | 31.03.18 | 474,335 |
Freshwater Fish Marketing Corporation | 30.04.17 | 452,664 |
Great Lakes Pilotage Authority | 31.12.17 | 173,221 |
International Development Research Centre | 31.03.18 | 219,532 |
Jacques Cartier and Champlain Bridges Incorporated, The | 31.03.18 | 361,535 |
Laurentian Pilotage Authority | 31.12.17 | 118,653 |
Marine Atlantic Inc. | 31.03.18 | 379,455 |
National Arts Centre Corporation | 31.08.17 | 383,961 |
National Capital Commission | 31.03.18 | 514,149 |
National Gallery of Canada | 31.03.18 | 145,886 |
National Museum of Science and Technology | 31.03.18 | 94,178 |
Pacific Pilotage Authority | 31.12.17 | 171,051 |
Public-Private PartnershipsPPP Canada Inc. (joint audit) | 31.03.18 | 126,167 |
Public Sector Pension Investment Board (joint audit) | 31.03.18 | 822,743 |
Ridley Terminals Inc. | 31.12.17 | 369,578 |
Royal Canadian Mint | 31.12.17 | 995,459 |
Seaway International Bridge Corporation, limitedLtd., The | 31.03.18 | 156,011 |
Standards Council of Canada | 31.03.18 | 204,936 |
Telefilm Canada | 31.03.18 | 269,520 |
VIA Rail Canada Inc. | 31.12.17 | 897,032 |
Windsor-Detroit Bridge Authority | 31.03.18 | 460,550 |