HomeMy WebLinkAboutAudit - 2019-12-16AUDIT COMMITTEE MINUTES
DECEMBER 16, 2019
The Audit Committee met this date commencing at 3:04 p.m.
CITY OF KITCHENER
Present: Mayor B. Vrbanovic - Chair
Councillors J. Gazzola, S. Davey, M. Johnston, D. Schnider, D. Chapman, S. Marsh, K.
Galloway-Sealock, B. loannidis, and C. Michaud.
Staff: D.
Chapman, Chief Administrative Officer
M.
May, Deputy CAO, General Manager, Community Services
J.
Readman, General Manager, Development Services
J.
Lautenbach, Chief Financial Officer, Financial Services
D.
McGoldrick, General Manager, Infrastructure Services
V.
Rabb, General Manager, Corporate Services
R.
LeBrun, Manager of Accounting, Financial Services
S.
Brisbane, Supervisor, Financial Reporting
C.
Tasker, Internal Auditor
D.
Saunderson, Committee Administrator
FIN -19-090 - EXTERNAL AUDIT PLANNING REPORT
The Committee considered Finance and Corporate Services Department report FCS -19-090,
dated November 27, 2019, to which was attached the KPMG report entitled "Audit Planning
Report for the year ending December 31, 2019". Mr. T. Mennill, KPMG, the City's external
Auditor, was in attendance to present the Audit Findings Report for the year ending December
31, 2019.
On motion by Councillor K. Galloway-Sealock -
it was resolved:
"That the Audit Planning Report for the year ending December 31, 2019 prepared by
KPMG, attached as Appendix "1" to Financial Services Department report FIN -19-090
dated November 18, 2019, be approved."
2. CAO -19-014 - 2020 INTERNAL AUDIT WORK PLAN
The Committee considered Chief Administrative Officer's report CAO -19-014, dated December
9, 2019, regarding the Internal Audit Work Plan for 2019. Ms. C. Tasker presented the Report.
On motion by Councillor B. loannidis -
it was resolved:
"That the 2020 Internal Audit work plan as outlined in Chief Administrator's Office report
CAO -19-014 dated December 9, 2019, be approved."
Councillor C. Michaud entered the meeting at this time.
3. CAO -19-012 - FOURTH QUARTER AUDIT STATUS REPORT
The Committee considered Chief Administrative Office report CAO -19-012 entitled "4th
Quarter Audit Status Report", dated December 9, 2019, providing a summary of the internal
audit activities completed from July 2019 to December 2019. Ms. C. Tasker presented the
Report and responded to questions from the Committee.
4. ADJOURNMENT
This meeting adjourned at 3:44 p.m.
D. Saunderson
Committee Administrator