Annual Internal Audit and Evaluation Planning Process

Audit of International Trade Personnel Program WESTERN ECONOMIC DIVERSIFICATION CANADA Audit, Evaluation & Ethics Branch June 2008 Western Economic Diversification Canada Table of Contents 1.0 Executive Summary 1 2.0 Introduction 3 3.0 Observations and Recommendations 5 (i) Management Controls(ii) Monitoring and Results 7 Conclusion 8 4.0 Audit Strategy and Approach 9 Acronyms - Glossary 11 References 11 Audit of International Trade Personnel Program – Draft June 19, 2008 Western Economic Diversification Canada 1.0 Executive Summary 1.1 The audit of the International Trade Personnel Program (ITPP) is an internal audit assurance engagement to report on management controls used to deliver ITPP, and to identify any opportunity for improvement that could be applied to future programs. The audit topic is identified in the Western Economic Diversification Canada (WD) 2008 – 2011 Risk Based Audit Plan. To accommodate some operational efficiency, this audit was planned to be conducted simultaneously with the audit of a similar program, the First Jobs in Science and Technology. This report only covers the ITPP. 1.2 While using similar tools, criteria and audit programs, the objectives of the two programs were not the same. ITPP was specifically focused on the international commerce content of projects as opposed to the wide variety of ...