HomeMy WebLinkAboutAudit 2017-12-11AUDIT COMMITTEE MINUTES
DECEMBER 11, 2017
The Audit Committee met this date commencing at 3:36 p.m.
CITY OF KITCHENER
Present: Mayor B. Vrbanovic - Chair
Councillors J. Gazzola, K. Galloway-Sealock, S. Davey, F. Etherington, Y. Fernandes,
B. loannidis, Z. Janecki, S. Marsh and D. Schnider.
Staff: D. Chapman, Chief Administrative Officer
M, May, Deputy CAO, Community Services Department
L. MacDonald, Interim, Deputy CAO, Finance & Corporate Services
J. Readman, Interim Executive Director, Infrastructure Services
C. Fletcher, Interim Executive Director, Infrastructure Services
B. Johnson, Director, Accounting
R. LeBrun, Manager, Accounting
S. Brisbane, Supervisor, Financial Reporting
C. Tasker, Internal Auditor
D. Saunderson, Committee Administrator
1. FCS -17-197 - EXTERNAL AUDIT PLAN FOR FISCAL 2017
The Committee considered Finance and Corporate Services Department report FCS -17-197,
dated December 1, 2017 with the attached KPMG entitled `City of Kitchener: Audit Planning
Report for the year ending December 31, 2017'. Mr. M. Betik, KPMG, was in attendance and
presented the external audit report prepared by KPMG.
On motion by Councillor B. loannidis -
it was resolved:
"That the 2017 External Audit Planning Report prepared by KPMG, attached as
Appendix 1 to Finance and Corporate Services Department report FCS -17-197 dated
October 30, 2017, be approved."
The Committee recessed at 3:56 p.m. and reconvened at 4:03 p.m., Chaired by Mayor B. Vrbanovic
with all members present except Councillor P. Singh.
FCS -17-013 - 2018 INTERNAL AUDIT AND SERVICE REVIEW WORK PLAN
The Committee considered Finance and Corporate Services Department report FCS -17-013,
dated December 1, 2017 regarding the Internal Audit work plan and service review
prioritization for 2018. Ms. C. Tasker presented the Report and responded to questions from
the Committee.
On motion by Councillor Y. Fernandes -
it was resolved:
"That the 2018 Internal Audit work plan be approved as outlined in Finance and
Corporate Services Department report FCS -17-013 dated December 1, 2017."
FCS -17-011 - 4th Quarter Audit Status Report
The Committee considered Finance and Corporate Services Department report FCS -17-011,
dated November 30, 2017 which provides a summary of the Internal Audit activities completed
during the 4th quarter of 2017. Ms. C. Tasker presented the Report and responded to questions
from the Committee.
ADJOURNMENT
This meeting adjourned at 4:46 p.m.
D. Saunderson
Committee Administrator