Audit Committee

Report

Meeting #:1st Meeting of the Audit Committee
Date:
-
Location:
Council Chambers
PRESENT:
  • S. Turner,
  • M. van Holst,
  • J. Helmer,
  • J. Morgan,
  • and L. Higgs
ALSO PRESENT:
  • M. Hayward, D. Baldwin (KPMG), A. L. Barbon, M. Butlin, I. Collins, K. den Bok (KPMG), S. King, D. O'Brien, J. Pryce (Deloitte), M. Redden (KPMG), M. Schulthess, S. Spring, S. Swance,  B. Westlake-Power.

     

    The meeting was called to order at 12:00 PM.


Councillor S. Turner notes a possible pecuniary interest in item 2.5, having to do with the Internal Audit Plan Refresh Approach and Timing by indicating that  his employer, Middlesex London Health Unit, may be included in the internal audit universe.

  • That it BE NOTED that the Audit Committee elected Deputy Mayor Helmer and L. Higgs as Chair and Vice Chair, respectively, for the term ending November 30, 2019.


    Motion Passed
  • That the KPMG LLP Audit Planning Report, for the year ending December 31, 2018, BE APPROVED.


    Motion Passed
  • That the KPMG Report on Specified Auditing Procedures for the London Downtown Closed Circuit Television Program, for the year ending December 31, 2018, BE RECEIVED.


    Motion Passed
  • That the memo dated January 28, 2019, from Deloitte, with respect to the internal audit summary update BE RECEIVED.


    Motion Passed
  • That the communication from Deloitte, regarding the June 2017 - December 2018 internal audit dashboard as of January 28, 2019, BE RECEIVED.


    Motion Passed
  • That a meeting of the Audit Committee BE HELD in April, 2019 for the purpose of focusing on the Internal Audit Plan;

    it being noted that the communication from Deloitte, regarding the internal audit plan refresh approach and timing, was received.


    Motion Passed
  • That the Observation Summary from Deloitte, as of January 28, 2019, BE RECEIVED.


    Motion Passed

The meeting adjourned at 12:58 PM.