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HomeMy WebLinkAboutAudit - 2015-03-23AUDIT COMMITTEE MINUTES MARCH 23, 2015 The Audit Committee met this date commencing at 3:37 p.m. CITY OF KITCHENER Present: Mayor B. Vrbanovic - Chair Councillors S. Davey, F. Etherington, Y. Fernandes, B. loannidis, Z. Janecki, S. Marsh, D. Schnider and P. Singh Staff: J. Willmer, Chief Administrative Officer D. Chapman, Deputy CAO, Finance & Corporate Services M. May, Deputy CAO, Community Services D. Tyagi, Deputy CAO, Infrastructure Services M. Goldrup, Director, Human Resources C. Tasker, Internal Auditor D. Saunderson, Committee Administrator FCS -15 -028 - 2014 YEAR IN REVIEW The Committee considered Finance and Corporate Services Department report FCS -15 -028, dated March 1, 2015 which provides a summary of activities undertaken by the Internal Auditor during the 2014 calendar year in comparison to the Audit Committee's approved work plan. Ms. C. Tasker presented the report and responded to questions from the Committee. Mayor B. Vrbanovic and Councillor Y. Fernandes left the meeting for a brief period of time. Councillor S. Davey took over as the Chair. Mayor Vrbanovic resumed the Chair upon his return. Mr. M. Goldrup was in attendance and responded to questions from the Committee regarding the Vehicle and Equipment review and Human Resources Division recruiting audit. In response to questions, Ms. Tasker advised that the current Gapping Policy has been identified in the Internal Audit Work Plan for review, noting that she was unsure this date when it was scheduled to occur. FCS -15 -029 - 1ST QUARTER AUDIT STATUS REPORT The Committee considered Finance and Corporate Services Department report FCS -15 -029, dated March 1, 2015 which provides a summary of work completed by the Internal Auditor during the first quarter of 2015; and in particular, Ms. C. Tasker presented the results of audits conducted for the Integrated Planning — Project Debrief and responded to questions from the Committee. With regards to the 2016 Internal Audit Work Plan, Councillor Y. Fernandes requested that consideration be given to including a review of the process regarding existing balances in Capital accounts prior to close outs. ADJOURNMENT This meeting adjourned at 4:51 p.m. D. Saunderson Committee Administrator