Audit of capital assets management
Table of Contents
- Executive Summary
- 1. Introduction
- 2. Findings
- 3. Recommendations
- 4. Conclusion
- Annex 1 - Audit Methodology
- Annex 2 - Audit Criteria
- Annex 3 - Capital Assets Related Recommendations of the 2008 Report of the Cesd
- Annex 4 - Systems-Under-Development Audit of The Asset Lifecycle Management System - Lessons Learned
Audit and Evaluation Branch
June 2014
Key Dates
| Opening conference date (launch memo) | February 2012 |
| Audit plan sent to management | January 2013 |
| End of fieldwork | September 2013 |
| Audit report sent to management | March 2014 |
| Management response received | March 2014 |
| Penultimate draft report approved by CAE | March 2014 |
| Audit committee recommended | March 2014 |
| Deputy Minister approval date | June 2014 |
Glossary / List of Acronyms
- ACI
- Asset Condition Index
- ADM
- Assistant Deputy Minister
- ALM
- Asset lifecycle management (also a module in the financial system)
- AVOS
- Automated Vounteer Observing Ships
- CESD
- Commissioner of the Environment and Sustainable Development
- CSB
- Corporate Services Branch
- DM
- Deputy Minister
- EC
- Environment Canada
- ESB
- Environmental Stewardship Branch
- FA
- Fixed asset (also a module in the financial system)
- FB
- Finance Branch
- FCI
- Facility Condition index
- IIP
- Integrated investment plan or Integrated investment planning
- ISO
- International Standards Organization
- IT
- Information technology
- Merlin
- EC’s current financial system
- MSC
- Meteorological Services of Canada
- NCR
- National Capital Region
- PILT
- Payment in lieu of taxes
- PMD
- Property Management Division
- SAP
- EC’s planned financial system
- STB
- Science and Technology Branch
- SUD
- System under development (a type of audit)
- TB
- Treasury Board
Prepared by the Audit and Evaluation Team
Acknowledgments
The audit team composed of an independent consultant, David Saunders working with Kenneth Gourlay, under the direction of Stella Line Cousineau, would like to thank those individuals who contributed to this project and, particularly, employees who provided insights and comments as part of this audit.
Version Control
Date: June 2, 2014
File Name: B.2.34 Audit of Capital Assets Management
Table of Contents
- Executive Summary
- 1 Introduction
- 2 Findings
- 3 Recommendations
- 4 Conclusion
- Annex 1 Audit Methodology
- Annex 2 Audit Criteria
- Annex 3 Capital assets related recommendations of the 2008 report of the CESD
- Annex 4 Systems-Under-Development Audit of the Asset Lifecycle Management System - Lessons Learned
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