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HomeMy WebLinkAboutFCS-12-151 - Service Review Prioritization FrameworkI~IT['HEI~`~;R Staff Report frnanre and Corporate Servr`res Department www.kitthenerca REPORT TO: DATE OF MEETING: SUBMITTED BY: PREPARED BY: WARD(S) INVOLVED: DATE OF REPORT: REPORT NO.: SUBJECT: RECOMMENDATION: AUDIT COMMITTEE September 17, 2012 Corina Tasker, Internal Auditor, 519-741-2361 Corina Tasker, Internal Auditor, 519-741-2361 All August 23, 2012 FCS-12-151 SERVICE REVIEW PRIORITIZATION FRAMEWORK That staff be directed to develop along-range service review work plan based on the service review prioritization framework detailed in report FCS-12-151 for approval at the December 3, 2012 Audit Committee meeting. BACKGROUND: Under the Audit Committee terms of reference it is the Audit Committee's responsibility to provide recommendations for areas of focus and types of audits. Internal audit is responsible for performing a wide range of audits including service delivery reviews. Each year a call goes out to directors, DCAOs and the CAO for input into the annual internal audit work plan. A draft work plan is then prepared based on the suggestions put forward and input from the internal auditor, overlaid on the internal auditor's capacity. The draft work plan is then discussed and approved by the Audit Committee. Other areas within the corporation are increasingly undertaking process reviews, service delivery reviews and risk assessments as they have come to recognize the value of this work. As a result, it makes sense to develop a service review work plan corporately to ensure that there is no duplication and that work is integrated across departments where required. In addition, to ensure adequate coverage and review of all services which the City provides it is recommended that along-range work plan for service reviews be developed which spans several years and multiple resources. This report describes the proposed framework to achieve this. Staff are requesting discussion and input by Audit Committee into the framework, following which staff will utilize the framework to develop a work plan for discussion and approval on December 3. REPORT: Service Review Goal The Effective and Efficient Government strategic foundation of the City's Strategic Plan places a priority on sound financial management, asset management and organizational governance, among other themes. The overarching goal of service reviews is to protect the City's assets and interests, which supports these Strategic Plan themes. This includes, but is not limited to, protecting the long term health of the organization, its financial and physical assets, its reputation, its ability to perform critical services and the safety and well-being of employees and citizens. The way that staff achieve this goal is through three main categories of review work: 1. Ensuring operations are efficient and effective as possible • Are we doing the right things? • Are we doing things in the right way? • Are we making the best use of our limited resources? 2. Ensuring controls are adequate to protect assets from loss • Have risks been adequately identified and mitigated? • Are there structures and processes in place to prevent or detect loss, theft, fraud? 3. Monitoring compliance with policy, procedures and legislation • Have staff been adequately trained on what is expected of them? • Are staff following the rules to ensure work is accurate, reliable, timely, efficient, effective, safe, and legal? • Are staff putting the corporation at risk in any way through their actions or inactions? This review work is carried out by internal audit, along with staff in the City's various departments, to review both internal and customer facing services using a variety of tools. These may include: • Service delivery reviews • Process mapping, including assessing adequacy of controls • Time studies • Value for money analysis • Organizational structure review • Review of workplace culture • Risk assessments • Policy review • Compliance audits; and • Physical inventory and cash counts The identified risks and opportunities associated with a particular service determine which type, or combination of types, of review is most appropriate for that service. This will also determine who is best equipped to perform the review. Sometimes this will be internal audit and other times it will be staff within the departments. Prioritization Framework The proposed framework aims to consider all services at once and use several objective weighted factors to prioritize each service relative to each other. The prioritized list of services will provide the basis for which order services are selected for review and will be overlaid on staff capacity and availability to determine a long range and annual work plans. Planning work using a long range view and multi-resource approach will ensure that our resources are utilized most effectively, that high risk services are looked at before risks materialize, that areas with potential for large cost savings or revenue opportunities are reviewed sooner and that no service will escape scrutiny. The proposed details of the framework are provided below. Staff request that Audit Committee members discuss the details and provide input on the final content of the framework. Factors The proposed framework includes four potential factors which could be used to apply against services. The first three are strongly recommended to be included in the framework. The last one is optional and should be discussed by Audit Committee. A range of weights for each factor are also included. Audit Committee should discuss the weights and provide direction regarding their preference. (Total weights must equal 100 %.) The factors were developed through a review of models being utilized by other municipalities. Factor Suggested Weight Range Explanation /Rationale Known risks 40 - 60% The main factor in this framework should be the amount of risk that a service has. This can be calculated using the corporate risk scale and a standard set of questions which will be asked of management in each service area. This ensures that priority is not placed on low or no-risk services and that there is adequate oversight and review of high risk activities. Expense 20 - 40% The amount of budget expended on the service should also be Budget a fairly heavily weighted factor. This ensures that those services which have the most significant impact to the "bottom line" receive more priority. Date of last 10 - 20% By looking at the date of the last review it ensures that we are review not repeating reviews which were done recently. It has less weight though because there may be some services which are high-risk which warrant more frequent reviews. The framework does not include follow-up audits (which are performed at least one year following an audit) in the prioritization. However, these would be included in the scheduling and work plan creation. Funding + / - 5% This is an optional factor which Audit Committee may wish to source consider. It places more weight on services which are supported by the tax base, versus enterprise or user fee funded services. However, Audit Committee may wish to consider all services equally regardless of their funding source. Appendix A shows a sample of how the framework might look and how the ratings would be calculated. Next steps Once Audit Committee has discussed and agreed on the factors and weights to use in this framework, staff will gather the data for each service. Service categories will mirror the categories used in the recent budget reduction discussions which are aligned to categories in the Financial Information Return (FIR) and can be easily compared across municipalities for benchmarking purposes. This ensures that regardless of whether the topic is budget, business planning or service reviews the same definitions and understanding of services is used. There may, however, be additional service review areas added which are not specifically captured in the FIR. For example, the emergency plan or the purchasing card program are areas which would be reviewed but are not listed as a specific service within the FIR. The data will provide an initial ranking of all services based on their total score within the framework. Discussions will take place between internal audit, the CAO and DCAOs to determine which type of review is necessary for each area based on the known risks. This information will be overlaid on the capacity of several staff throughout the corporation, including the internal auditor. Work will be assigned following the order in the prioritized list. This will create amulti-year, multi-resource work plan. This draft work plan will be circulated to directors for review and comment. There may be circumstances which have not been captured in the framework where a particular service should be moved up or down in the sequence. The draft work plan will then come to the December 3, 2012 Audit Committee meeting for discussion and approval. Audit Committee members may present additional information which may justify moving a service in the sequence. The work plan will then be revisited each year. Factor data will be updated as appropriate, changes to sequence noted, and the revised list checked against capacity. Annual work plans will then be projected. The internal audit work plan will include service reviews from this process as well as traditional internal audit activities such as cash counts, physical inventory counts, follow up audits, and confidential investigations. ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: Work falls within the Efficient and Effective Government plan foundation area of the Strategic Plan. The goal of service reviews is to protect the City's interests and assets through - ensuring operations are as efficient and effective as possible - ensuring adequate controls are in place to protect assets - ensuring compliance with policy, procedures and legislation This supports the financial goal of long term financial stability and fiscal accountability to taxpayers. FINANCIAL IMPLICATIONS: None COMMUNITY ENGAGEMENT: Not applicable CONCLUSION: The service review prioritization framework outlined above will provide for a robust and thorough vetting of the order in which services are reviewed. It reduces the risk of personal biases and provides a rational approach to priority setting. It enables resources to be focused on assessing those services which have the potential to yield the most benefit through review to the corporation and ultimately to tax and rate payers. ACKNOWLEDGED BY: Lesley MacDonald, Acting Deputy CAO, Finance and Corporate Services Appendix A -Sample Framework The sample framework contains arbitrary assignments of weights simply to show the calculations. They do not represent staff recommendations for a specific weight. Similarly, the service shown in the example is fictitious simply to show how the rating for that service would be calculated. Example Framework: Factor Weight Score 1 2 3 4 5 Total risk 50% 100-199 200-274 275-349 350-424 425-500 score Expense 30% 0-50K 50K- 250K- 500K-1 M 1 M+ budget 250K 500K Date of last 15% < 1 year 1-3 years 3-5 years 5+ years Never review Funding 5% Enterprise Tax base source Example calculation for service XYZ: Factor Weight SCOre 1 2 3 4 5 Total risk score 5o°ro .50 X 3 = 1.5 100-199 200-274 75-349 350-424 425-500 Expense budget 3o°ro .30 X 5 = 1.5 0-50K 50K-250K 250K- 500K 500K-1 M 1 M+ Date of last review 15°~0 .15 X 2 = 0.3 < 1 year 1-3 years 3-5 years 5+ years Never Funding source 5°~0 .05 X 5 = 0.25 Enterprise Tax bas Total Score: 3.55 Each service would go through a similar calculation. Services would then be sorted from highest to lowest total score. ,a. i~ y~ ~--~ a L W C~ L a~ a~ .~ E 0 U N O N ti a~ H ~~ . ~~ ~4 ~ ~ 4 ~~~~ , ~ ~- _ ~ ~~ ~~ ~~ ~e ~ - - ~~ ~r ~ :_~ .~ ~ =° i :r ~ ~~ . . ._~ ~~ ~~ L ~ ^ ~ . L ^ ' W O .~ ~~ •• ^^ V, ~ N ~ . ~ ~ •- }' O Cn . 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