Audit CommitteeReportMeeting #:1st Meeting of the Audit CommitteeDate:Wednesday, February 06, 2019 at 12:00 P.m. - 1:00 P.m.Location:Council ChambersPRESENT:S. Turner, M. van Holst, J. Helmer, J. Morgan, and L. HiggsALSO 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.1.Call to Order 1.1Disclosures of Pecuniary Interest 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.1.2Election of Chair and Vice-Chair for the Term Ending November 30, 2019 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 Passed2.Consent 2.1Audit Planning Report for the Year Ended December 31, 2018 1.2019-02-06 Submission - Audit Planning Report.pdf1.2019-02-06 Submission - Audit Planning Report.pdfThat the KPMG LLP Audit Planning Report, for the year ending December 31, 2018, BE APPROVED.Motion Passed2.2London Downtown Closed Circuit Television Program for the Year Ending December 31, 2018 1.2019-02-06 Submission - London Downtown Closed Circuit TV.pdf1.2019-02-06 Submission - London Downtown Closed Circuit TV.pdfThat 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 Passed2.3Internal Audit Summary Update 1.2019-02-06 Submission - Internal Audit Summary Update.pdf1.2019-02-06 Submission - Internal Audit Summary Update.pdfThat the memo dated January 28, 2019, from Deloitte, with respect to the internal audit summary update BE RECEIVED.Motion Passed2.4June 2017-December 2018 Internal Audit Dashboard as at January 28, 2019 1.2019-02-06 Submission - Dashboard.pdf1.2019-02-06 Submission - Dashboard.pdfThat the communication from Deloitte, regarding the June 2017 - December 2018 internal audit dashboard as of January 28, 2019, BE RECEIVED.Motion Passed2.5Internal Audit Plan Refresh Approach and Timing 1.2019-02-06 Submission - Internal Audit Plan Refresh Approach and Timing.pdf1.2019-02-06 Submission - Internal Audit Plan Refresh Approach and Timing.pdfThat 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 Passed2.6Observation Summary as at January 28, 2019 1.2019-02-06 Submission - Observation Summary.pdf1.2019-02-06 Submission - Observation Summary.pdfThat the Observation Summary from Deloitte, as of January 28, 2019, BE RECEIVED.Motion Passed3.Scheduled Items None.4.Items for Direction None.5.Deferred Matters/Additional Business None.6.Adjournment The meeting adjourned at 12:58 PM.No Item Selected This item has no attachments1.2019-02-06 Submission - Audit Planning Report.pdf1.2019-02-06 Submission - London Downtown Closed Circuit TV.pdf1.2019-02-06 Submission - Dashboard.pdf1.2019-02-06 Submission - Internal Audit Summary Update.pdf1.2019-02-06 Submission - Internal Audit Plan Refresh Approach and Timing.pdf1.2019-02-06 Submission - Observation Summary.pdf