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In Ontario's 2015/2016 public accounts, Auditor General Lysyk was concerned that two public sector pension plans discounted plan liabilities at 6.25%, which is higher than the 2.2% on Ontario Savings Bonds and even above the rates the plans themselves use (4.8% and 5.55%) — "a particular sticking point" for Lysyk. [5]
Hogan is a member of the Chartered Professional Accountants of Ontario as well as the Ordre des comptables professionnels agréés du Québec. [1] Hogan joined the Office of the Auditor General of Canada in 2006. Hogan was appointed as Assistant Auditor General of Canada in January 2019. [2] In June 2020, she was appointed as Auditor General.
The Auditor General of Canada (French: La vérificatrice générale du Canada [a]) is a Supreme audit institution which acts as an officer to the Parliament of Canada tasked with highlighting accountability and oversight by conducting independent financial audits of federal government's operations. [4]
The auditor's office was created in 1869. [2]Before 1886, the auditor's office was an adjunct of the Treasury Department. [3] Since the passage of the 1886 Audit Act, the office has evolved (after the 1950 Audit Act) into an independent provincial agency. [2]
Pages in category "Government audit agencies in Canada" ... Auditor General of Ontario This page was last edited on 2 October 2022, at 19:36 (UTC). ...
The development of the government in the wake of the depression and war, however, quickly overwhelmed the ability of the existing system to deal with demands on government revenues. A private firm of auditors, Woods, Gordon and Company, recommended a complete revision of the functions of the Treasury Board to deal with the new situation.
A "statutory audit" is a legally required review of the accuracy of a company's or government's financial records. The purpose of a statutory audit is the same as the purpose of any other audit – to determine whether an organization is providing a fair and accurate representation of its financial position by examining information such as bank balances, bookkeeping records and financial ...
In January 1999, she joined the Office of the Auditor General of Canada as Deputy Auditor General, Audit Operations. She was subsequently appointed Auditor General in 2001. Her 10-year mandate as Auditor General ended on May 30, 2011. [2] During her time in office, a Reader's Digest poll listed her as one of the top five most trusted Canadians. [3]