Performance results—ISED's internal audit function

1. Do internal auditors in Departments have the training required to do the job effectively? Are multidisciplinary teams in place to address diverse risks?

1(a) % of staff with an internal audit or accounting designation (Certified Internal Auditor (CIA), Chartered Professional Accountant (CPA))

1(a) 65%

1(b) % of staff with an internal audit or accounting designation (CIA, CPA) in progress

1(b) 12%

1(c) % of staff holding other designations (CGAP, CISA, etc.)

1(c) 6%

Note: An internal auditor may possess more than one designation.

2. Is internal audit work performed in conformance with the international standards for the profession of internal audit as required by Treasury Board policy?

2(a) Date of last comprehensive briefing to the Departmental Audit Committee (DAC) on the internal processes, tools, and information considered necessary to evaluate conformance with the IIA Code of Ethics and the Standards and the results of the Quality Assurance and Improvement Program (QAIP).

2(a) Practice Inspections are conducted by the Department every 5 years. The ISED Departmental Audit Committee (DAC) was briefed on the results of the Inspection on March 24, 2023.

Additionally, the DAC was briefed on the results of the 2024-25 QAIP of the Audit and Evaluation Branch's Internal Audits conducted on August 13, 2025. A briefing on the results of the 2025-26 QAIP is planned in June 2026.

2(b) Date of last external assessment

2(b) The last Practice Inspection was presented to the DAC on March 24, 2023 and was approved by the Deputy Minister in March 2023.

3. Are the Risk-Based Audit Plans (RBAP) submitted to audit committees and approved by deputy heads implemented as planned with resulting reports published? Is management acting on audit recommendations for improvements to departmental processes?

3. RBAPs and related information:

3(a) name/status of audit for the current fiscal year of the RBAP

3(b) date the audit report was approved

3(c) date the audit report was published

3(d) original planned date for completion of all management action plan (MAP) items

3(e) status of MAP items

The ISED RBAP for 2024–25 to 2026–27 was presented to the Departmental Audit Committee on June 28, 2024. The Deputy Minister approved the RBAP on July 16, 2024.

3(a) to (e) For this compliance attribute, see Status of Internal Audits and Management Action Plans. This requirement applies only to internal audits that began in 2018–19 or after.

4. Is internal audit credible and adding value in support of the mandate and strategic objectives of the organization?

4. Average overall usefulness rating from senior management of areas audited.

Based on the results of the Post-Evaluation Questionnaire, 83% of senior management rated the overall usefulness of audits as "Satisfied" to "Very Satisfied".