Hon. Marty Klyne moved the adoption of the report.

He said: Honourable senators, the Standing Senate Committee on Audit and Oversight, or AOVS, is focused on ensuring that it is well positioned to provide independent and transparent oversight to support the Senate in its accountability. The committee unanimously agreed that establishing strong oversight processes is the next big step in fulfilling our mandate. In order to do so, the committee finds that it is essential to meet with its counterpart in the United Kingdom.

The U.K. House of Lords Audit and Risk Committee, the U.K. House of Commons audit committees and the Independent Parliamentary Standards Authority, or IPSA, have a similar mandate and structures as AOVS and have been in operation for over a decade now.

AOVS is at an important and high-profile stage in its work as a new committee: hiring a chief audit executive, establishing a new internal audit function, providing direction on improving and approving a risk-based internal audit plan, approving internal audit resource needs and setting other new practices, for example, an internal audit charter establishing how to liaise with Internal Economy on internal audit matters and so on. The committee is looking to the practices in some comparable models that would help to inform this next phase.

The committee is particularly interested in the lessons learned and best practices from IPSA and the Speaker’s Committee for the Independent Parliamentary Standards Authority, or SCIPSA; the House of Commons audit committees, which are the Administration Estimate Audit and Risk Assurance Committee and the Members Estimate Audit Committee; and the House of Lords Audit and Risk Committee — each of which have external members. The purpose of these meetings would be to have candid, in-person discussions on various audit and oversight matters, many of which would be sensitive or confidential in nature. The audit committees and IPSA do not hold public meetings.

All members of the committee would participate in a full week of meetings. From a business continuity perspective, the members feel it is important for the full committee — especially the external members and chief audit executive, who are not impacted by the election cycle — to participate in this important knowledge transfer from the committee’s counterparts in the U.K.

Colleagues, for this purpose and for these reasons, I hope you will consider this budget. The knowledge that would be gained on this trip is integral to the committee’s mandate, and it would help guide the committee’s future work and ensure it is well positioned to fulfill its essential and independent oversight responsibilities.

Thank you.