Audit of Revenue Management

Summary

The Canadian Nuclear Safety Commission (CNSC) regulates the use of nuclear energy and materials in Canada, to protect health, safety, security and the environment and to respect Canada’s international commitments on the peaceful use of nuclear energy. The CNSC Cost Recovery Program provides financing of the CNSC’s regulatory activities, by charging licensees their share of the costs of the regulatory regime.

The CNSC was funded exclusively through an annual appropriation from Parliament before 2008-2009. In 2007, the CNSC received Treasury Board approval to phase in a revenue spending authority, beginning in 2008-2009 with full implementation in 2009-2010. The revenue spending authority allows the CNSC to re-spend revenues from fees and establishes a more sustainable funding regime.

The Office of Audit and Ethics (OAE) identified revenue management as a priority following CNSC’s transition to the revenue spending authority. The audit of revenue management was included in the 2009-2010 Risk-based Audit Plan. The OAE engaged Ernst & Young to assist in the conduct of the audit.

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