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Auditor General Releases 2025-26 Financial Audit Commentary; Clean Opinion on Federal Accounts

Monday, November 9, 2026 · World · GSM News

OTTAWA, Ontario - Auditor General Karen Hogan released her commentary on the 2025-26 federal financial audits on November 9: the Government of Canada's 2025-26 consolidated financial statements received an unmodified audit opinion, as did the financial statements of all 69 other audited federal organizations.

The commentary also raised three long-standing management concerns. First, weaknesses in Shared Services Canada's IT general controls were flagged for the fourth year, with limited progress and delayed timelines.

Second, the government missed its target to eliminate, by March 31, 2026, the backlog of Phoenix pay transactions more than one year old, and long-standing salary overpayments remain unrecovered. The new pay system, Dayforce, is scheduled to begin in July 2027.

Third, the Department of National Defence continues to have long-standing inventory control weaknesses and repeated errors in recording operating expenses.

The commentary is published alongside the Public Accounts of Canada.

(Source: Office of the Auditor General of Canada)

Source: Office of the Auditor General of Canada

Published by GSM · USA (original Chinese edition)

Photo: 渥太华国会山(资料图,CC BY-SA 2.5,加拿大,Wikimedia Commons) / Parliament Hill, Ottawa (file photo, CC BY-SA 2.5 CA, via Wikimedia Commons)

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