Fraud poses a significant financial and reputational threat, which makes it essential to manage the risk.
Every year, as part of our annual audit of government’s summary financial statements, we perform a fraud risk assessment. This year, as part of that risk assessment, we issued a standardized questionnaire to every government ministry and 25 Crown organizations.
Each ministry and Crown organization is responsible for its own fraud risk management framework.
To be effective, these frameworks need to include clear policies and procedures. Leadership must demonstrate commitment to a workplace culture of honesty and ethical behaviour, and place a strong emphasis on fraud prevention, deterrence and reporting in the workplace.
In early, 2023, we’ll release two reports – one on Crown organizations and one on ministries – based on the results of the fraud risk management questionnaire.
Watch the auditor general's announcement video.
Updated: November 2022