Committed to public accountability and transparency in all of its activities, FCAC uses a number of mechanisms to report on how program activities’ funds are allocated and spent. The resources in this section inform Canadians about FCAC’s plans and results.
2011-12 Annual Report
Annex to the Statement of Management Responsibility including Internal Control over Financial Reporting (Unaudited)
Fiscal Year 2011–2012
Audits objectively review and assess how well management practices and controls employed by FCAC are applied. Audits determine the effectiveness and efficiency of these practices and controls and then make recommendations. Evaluation serves as a practical management tool for reviewing performance.
Evaluation enables the Agency to learn from experience so to incorporate lessons learned when designing and delivering programs and other initiatives in future.
FCAC periodically performs audits of its programs to help ensure effective and efficient use of its resources. It also conducts evaluations of its thematic priorities and programs.