Report on the Audit of Cost Recovery Process Improvement (CRPI) Initiative - Phase 1 - March 2015

Appendix A – Audit Criteria

Based on a combination of the evidence gathered through documentation examination, analysis and interviews, each of the audit criteria listed below was assessed and a conclusion for the audit criteria was determined using the following definitions:

Conclusion on Audit Criteria Definition of Opinion
1. Criteria Met – Well Controlled Well managed or no material weaknesses noted, controls are effective.
2. Criteria Met with Exceptions – Controlled Requires minor improvements.
3. Criteria Met with Exceptions – Moderate Issues Requires improvements in the areas of material financial adjustments, some risk exposure.
4. Criteria Not Met – High Impact – Significant Improvements Requires significant improvements in the area of material financial adjustments, serious risk exposure.

The following are the audit criteria and examples of key evidence and/or findings noted which were analyzed and against which conclusions were drawn.  In cases where significant improvements and/or moderate issues were observed, these were reported in the audit report.

Line of Enquiry 1 – Cost Recovery Governance
Audit Criteria Conclusion on Audit Criteria Examples of Key Evidence/Findings
Criterion 1.1 - Effective reporting and oversight mechanisms are in place that foster continued achievement of expected results. 2 Findings 1-3
Criterion 1.2 - Feedback from Departmental clients is sought and utilized to support continuous improvement. 3 Finding 4