cover image: Results of the annual audit of the Old Age Security Program expenditures for the 2005-06 fiscal year /

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Results of the annual audit of the Old Age Security Program expenditures for the 2005-06 fiscal year /

26 Apr 2007

Results of the Annual Audit of the Old Age Security Program Expenditures for the 2005-06 Fiscal Year January 2007 Paper ISBN:. [...] Alan Chang Results of the Annual Audit of the Old Age Security Program Expenditures for 2005-06 Fiscal Year Background The Old Age Security program consists of three large programs; Old Age Security pension (OAS), Guaranteed Income Supplement (GIS) and Allowances. [...] Objectives The objectives of the audit were to: • Attest to the occurrence, measurement, proper recording and presentation of the OAS program expenditures included in the Transfer Payments to Individual component in the March 31, 2006 HRSD consolidated financial statements; • Ensure compliance with the OAS Act; and • Establish a basis for an annual audit approach. [...] The Office of the Auditor General relied upon our Phase 1 work as a source of audit assurance for the Public Accounts audit of the Government of Canada. [...] As the total payments for the allowances makes up 2% of the total payments a national sample was drawn for the allowances.
government politics accounting audit auditing business management financial statements risk expenditure pension old age security internal audit financial audit business economics auditor internal auditor
ISBN
9780662456889 9780662456896
Pages
6
Published in
Ottawa, ON, CAN

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