International Peer Review of the Value for Money Audit Practice of the Office of the Auditor General

International Peer Review of the Value for Money Audit Practice of the Office of the Auditor General of CanadaPeer Review ReportNational Audit Office - United KingdomRiksrevisjonen - NorwayCour des Comptes - FranceAlgemene Rekenkamer - The NetherlandsFebruary 2004Summary ReportTo: The Auditor General of Canada1 An international peer review team with representatives from the Supreme AuditInstitutions of the United Kingdom, France, Norway, and the Netherlands examined thevalue for money audit practice of the Office of the Auditor General of Canada (the Office). Two members of the United States General Accounting Office participatedas observers.2 The objective of the Office's value for money audit practice is to provide Members ofParliament with independent, objective and supportable information that they can relyon to examine the government's performance and hold it to account. To achieve thatobjective, the Office has established a quality management framework to ensure thatvalue for money audits are carried out in accordance with the Office's legislativeauthorities, recognized standards of professional practice and with due regard foreconomy, efficiency and effectiveness. 3 The Office is responsible for the design and effective operation of its value for moneyaudit practice including the quality of the audit products. Our responsibility is todetermine whether the Office's value for money audit practice is suitably designed andoperating ...