3RD REPORT OF THE
Audit
Committee
meeting held on April
13, 2016, commencing at 4:00 PM, in the Council Chambers, Second Floor, London
City Hall.
PRESENT: Councillor P. Hubert (Chair),
Councillors A. Hopkins, S. Turner and M. van Holst, S. Khullar and B.
Westlake-Power (Secretary).
ALSO PRESENT: Councillor J.
Helmer; A. Zuidema, A.L. Barbon, K. den Bok (KPMG), I. Jefferies (KPMG), S.
Spring and S. Swance.
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That it BE NOTED that no pecuniary
interests were disclosed.
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That the following actions be taken with
respect to the Internal and External Audit Service RFP process:
a)
on
the recommendation of the Deputy City Treasurer, the staff report dated April
13, 2016 regarding the RFP process for internal and external audit services
BE RECEIVED and endorsed in principle;
b)
an
additional meeting of the Audit Committee BE SCHEDULED for a time in advance
of the May 31, 2016 Municipal Council meeting; and,
c)
the
Civic Administration BE DIRECTED to provide a report at the above-noted
additional Audit Committee meeting with respect to the efficacy and realized
results of the current out-sourced Internal Audit contract.
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None.
None.
None.
The meeting adjourned at 5:19 PM.