Regular posting of recipient audit information is consistent with the
Government's commitment to transparency and accountability
OTTAWA, March 31, 2014 /CNW/ - The Government of Canada is committed to
supporting democratic, transparent and accountable First Nation
governments. To that end, Aboriginal Affairs and Northern Development
Canada will begin posting the summaries of audits conducted on
recipients of federal funds.
Canadians, including members of First Nation communities and
organizations, have the right to know that their tax dollars are being
used to improve community living conditions and to create jobs and
economic opportunities for community members and their families.
By making a summary of the audit results public, the federal government
is helping to ensure that all community members have greater access to
their communities' financial information. Audit findings and
recommendations are also a tool that can be beneficial to funding
recipients, as they may assist them in identifying areas for
improvement in their current management practices and financial
A recipient audit is an independent assessment to provide assurance of a
recipient's compliance with a funding agreement and may address any or
all financial and non-financial aspects of the funding agreement.
The management letter is sent by the Department to the recipient and
summarizes the audit findings and recommendations.
Bill C-27, First Nations Financial Transparency Act, received Royal Assent on March 27, 2013. The Act strengthens
transparency and accountability by requiring First Nations to publish
the annual audited consolidated financial statements they prepare, as
well as a schedule of chiefs' and councillors' salaries and expenses.
First Nations will be required to publish their annual audited
consolidated financial statements by July 29, 2014.
"Our Government believes that Aboriginal peoples, like all Canadians,
deserve transparency and accountability from their elected officials.
By making recipient audit summaries public, we are ensuring that
community members are informed of their community's financial situation
and that their elected officials have the appropriate management
mechanisms in place."
Aboriginal Affairs and Northern Development Minister
Backgrounder - Recipient Audits
FAQs - Release of Recipient Audit Policy, Plan, and Summary Reports
Recipient Audit Policy
Recipient Audit Plan
Recipient Audit Summary Reports
SOURCE: Aboriginal Affairs and Northern Development Canada
For further information:
Office of the Minister of Aboriginal Affairs and Northern Development
Aboriginal Affairs and Northern Development Canada
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