Audit Committee

Report

4th Meeting of the Audit Committee

Wednesday, November 04, 2020 at 12:00 P.m. - 1:00 P.m.

Virtual Meeting - during the COVID-19 Emergency

City Hall is open to the public, with reduced capacity and physical distancing requirements.

Meetings can be viewed via live-streaming on YouTube and the City website.

PRESENT:

• Deputy Mayor J. Helmer (Chair),
• M. van Holst,
• J. Morgan,
• S. Turner,
• and L. Higgs

ALSO PRESENT:

• M. Schulthess and J. Taylor.

  
  Remote Staff Attendance: L. Livingstone, A. Barbon, B. Card, K. Dickens, O. Katolyk, S. Miller, S. Oldham, J. Pryce (Deloitte), C. Saunders,  P. Yeoman.

  
  The meeting is called to order at 12:00 PM; it being noted that the following were in remote attendance: Councillors M. van Holst, J. Morgan, and S. Turner; L. Higgs.

   

---

1.

Disclosures of Pecuniary Interest

That it BE NOTED that no pecuniary interests were disclosed.

2.

Consent

None.

3.

Scheduled Items

None.

4.

Items for Direction

4.1

Internal Audit Summary Update

• That the communication dated October 20, 2020, from Deloitte, with respect to the internal audit summary update, BE RECEIVED.

  
  
  
  Motion Passed

4.2

Internal Audit Dashboard as at October 20, 2020

• That the communication from Deloitte, regarding the internal audit dashboard as of October 20, 2020, BE RECEIVED.

  
  
  
  Motion Passed

4.3

Observation Summary as at October 20, 2020

• That the following actions be taken with regards to the Observation Summary submission from Deloitte dated October 20, 2020:

  a)     the Audit Committee Observation Summary BE AMENDED with regards to the Observation Status for Management Action Plans to move the four indicated "Total High & Medium Observations" related to the Dearness Home Process Assessment to the category of "In Progress Observations"; and

  b)     the communication dated October 20, 2020 from Deloitte with respect to the Observation Summary, BE RECEIVED.

  
  
  
  Motion Passed

5.

Deferred Matters/Additional Business

None.

6.

Adjournment

• That the meeting BE ADJOURNED.

  
  
  
  Motion Passed

  The meeting adjourned at 12:17 PM.