Through a competitive process, the House of Commons hires an independent accounting firm to conduct an annual audit of its Financial Statements. The Financial Statements include:
The audit of the 2015–2016 Financial Statements resulted in an unqualified audit opinion.
The auditor is satisfied that the Financial Statements present fairly, in all material respects, the financial position, financial performance and the cash flows of the House of Commons.
* Note: In 2005-2006 the scope of the audit of the Financial Statements changed to include expenditures associated with Members and House Officers.