Audit Committee

Report

Meeting #:	5th Meeting of the Audit Committee
Date:	Wednesday, November 06, 2019 at 12:00 P.m. - 1:00 P.m.
Location:	Council Chambers

PRESENT:

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

ALSO PRESENT:

• L. Livingstone, A. L. Barbon, M. Butlin, I. Collins, O. Katolyk, S. Miller, J. Millson, J. Pryce (Deloitte), A. Ruffudeen (Deloitte), M. Schulthess and S. Spring.

  
  The meeting was called to order at 12:01 PM.

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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 memo dated October 28, 2019, from Deloitte, with respect to the internal audit summary update, BE RECEIVED.

  
  Motion Passed

4.2

January - December 2019 Internal Audit Dashboard as at October 28, 2019

• That the communication from Deloitte, regarding the January - December 2019 internal audit dashboard as of October 28, 2019, BE RECEIVED.

  
  Motion Passed

4.3

Observation Summary as at October 28, 2019

• That the Observation Summary from Deloitte, as of October 28, 2019, BE RECEIVED.

  
  Motion Passed

4.4

2020 - 2022 Internal Audit Plan

• That the following actions be taken with respect to the draft 2020-2022 Internal Audit Plan issued October 28, 2019:

  a) the Internal Audit Plan BE AMENDED to include the Hamilton Road BIA and the Hyde Park BIA in the Audit Universe;

  b) the Internal Audit Plan BE AMENDED to include "revenue generation" in the Economic Innovation risk section within the Corporate Services Audit Universe;

  c) changes to the Internal Audit Plan BE IDENTIFIED to the Audit Committee by Deloitte in future meetings; and

  d) the Internal Audit Plan, as amended, BE APPROVED.

  
  Motion Passed

4.5

Parking Enforcement Assessment - July 2019 - September 2019

• That the Internal Audit Report from Deloitte with respect to the Parking Enforcement Assessment performed July to September 2019, issued October 2019, BE RECEIVED.

  
  Motion Passed

5.

Deferred Matters/Additional Business

None.

6.

Adjournment

The meeting adjourned at 12:45 PM.