1.0 Context
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The Audit Committee (AC) for the Office of the Commissioner of Official Languages (OCOL) was established on October 27, 2007. This committee is composed of three members: two members who are external to the federal government and the Commissioner, who chairs the AC. All AC meetings are attended by OCOL’s Chief Audit Executive, who is also the Chief Financial Officer, and OCOL’s Manager, Internal Audit and Planning.
As outlined in the Treasury Board (TB) Policy on Internal Audit
, the role of the AC is to provide the Commissioner with objective advice and guidance on risk management, control and governance practices across OCOL.
One of the AC’s operational responsibilities is to provide the Commissioner with an annual report. As stipulated in subsection 4.4.5 of the TB Directive on Departmental Audit Committees and in the AC’s terms of reference, the annual report:
- summarizes the AC’s activities during the reporting period and the results of its reviews;
- provides an assessment of OCOL’s system of internal controls;
- documents any significant concerns the AC may have in relation to OCOL’s risk management, controls and accountability processes;
- provides the AC’s assessment of the capacity and performance of the internal audit function; and
- provides, as needed, recommendations for the improvement of risk management, controls and accountability processes, including recommendations for the improvement of OCOL’s internal audit function.
As the AC became operational only in the latter part of 2007, this report covers October 2007 to March 2009.
