Observations of the Auditor General on the Financial Statements of the Government of Canada

Fiscal Year ended: 

• 31 March 2006 (28 September 2006) (PDF: 60 KB)
• 31 March 2005 (21 September 2005) (PDF: 42 KB)
• 31 March 2004 (21 October 2004) (PDF: 63 KB)
• 31 March 2003 (4 November 2003) (PDF: 93 KB)
• 31 March 2002 (24 October 2002) (PDF: 98 KB)
• 31 March 2001 (27 September 2001) (PDF: 412 KB)
• 31 March 2000 (26 September 2000) (PDF: 78 KB)
• 31 March 1999
• 31 March 1998

The observations of the Auditor General are part of the Public Accounts of Canada and are meant to explain, in more detail, her opinion on the government's financial statements.

My Audit Report on the Government's Financial Statements Explained discusses the messages that I convey in my audit report on the summary financial statements of the Government of Canada, how I arrive at my audit opinion included in the report, and what my audit report provides and does not provide.

The Public Accounts of Canada is the report on the financial situation of the Government of Canada, which is prepared by the Receiver General. This annual report is presented in two volumes:

Volume I contains:

• the financial statements of Canada, on which the Auditor General has expressed her opinions;
• the observations by the Auditor General on the financial statements of Canada;
• a ten-year summary of the Government's financial transactions;
• analyses of revenues and expenditures, and of asset and liability accounts; and
• various other statements.

Volume II contains the details of the financial operations of the Government, segregated by ministry (Part I); and additional information and analyses (Part II).

The Auditor General also expresses an opinion on the Annual Financial Report of the Government of Canada, (AFR), which is published by the Department of Finance, in the fall. This document provides:

• timely access to understandable and relevant information on the government's financial activity; and
• includes a full set of condensed financial statements that are based on the audited results, which appear in the Public Accounts of Canada.