Financial Services Audit of Capital Assets (November 2004)

FINANCIAL SERVICES AUDIT OFCAPITAL ASSETSNOVEMBER 2004Foreign Affairs CanadaInternational Trade CanadaOffice of the Inspector GeneralAudit Division (SIV)TABLE OF CONTENTSE X E C U T IV E S U MMA R Y ............................................... 11 .0 B A C K GR OU N D................................................... 32.0 AUDIT OBJECTIVE, SCOPE, APPROACH AND TIMING................... 42 .1 A u d it Ob je c tiv e .............................................. 42 .2 A u d it S c o p e................................................. 42.3 Audit Approach and Timing ..................................... 43.0 SUMMARY OBSERVATIONS AND RECOMMENDATIONS ................. 63.1 Compliance with Accounting Standards and Policies 63 .2 D F A IT ’s C a p ita l A s s e t P o lic y ................................... 73.3 Central Coordination and Training ............................... 93 .4 IMS C o n fig u ra tio n ........................................... 1 03.5 Security and Intelligence Bureau (ISD) Business Processes .......... 143.6 Headquarters Administrative Services Division (SRA) Business Processes....................................................... 173.7 Information Management and Technology Bureau (SXD) BusinessProcesses............................................... 193.8 Physical Resources Bureau (SRD) Business Processes ............. 233.9 International and Domestic Financial Management and Contracting Services(S MF ...