Under the Standing Orders, all reports of the Auditor General, as well as the Public Accounts of Canada, are deemed permanently referred to the Standing Committee on Public Accounts as soon as they are tabled in the House. The Committee is also responsible for scrutinizing the annual estimates for the Office of the Auditor General.
The Committee’s main functions are to ensure that public money is spent for the purposes authorized by Parliament, that extravagance and waste are eliminated, and that sound financial practices are encouraged in estimating and contracting and in administration generally. The Committee does not deliberate on the appropriateness of government policy; rather, it focuses on the economy and efficiency of its administration.
The Chair of the Committee is a Member of the Official Opposition. The parties are represented in proportion to their membership in the House.