Audit of Key Financial Processes - National Parks Directorate

AUDIT OF KEY FINANCIAL PROCESSES National Parks Directorate FINAL REPORT by: Office of Internal Audit and Evaluation MARCH 2008 Parks Canada Agency Audit of Key Financial Processes of the National Parks Directorate Her Majesty the Queen of Canada, represented by the Chief Executive Officer of Parks Canada, 2008 OIAE 2 March 2008 Parks Canada Agency Audit of Key Financial Processes of the National Parks Directorate TABLE OF CONTENTS SUMMARY.................................................................................................................................... 4 1. BACKGROUND.................................................................................................................... 8 2. OBJECTIVES AND SCOPE.................................................................................................. 9 3. METHODOLOGY................................................................................................................. 9 4. STATEMENT OF ASSURANCE........................................................................................ 10 5. CONCLUSIONS................................................................................................................... 10 6. OBSERVATIONS AND RECOMMENDATIONS............................................................. 11 6.1 Management Control Framework (MCF). ...