HomeMy WebLinkAboutAudit - 2018-12-17AUDIT COMMITTEE MINUTES
DECEMBER 17, 2018
The Audit Committee met this date commencing at 2:41 p.m.
CITY OF KITCHENER
Present: Councillor S. Davey - Chair
Mayor B. Vrbanovic and Councillors M. Johnston, C. Michaud, D. Chapman, K.
Galloway-Sealock, J. Gazzola, B. loannidis, S. Marsh, and D. Schnider.
Staff: D.
Chapman, Chief Administrative Officer
M.
May, Deputy CAO, Community Services
J.
Readman, General Manager, Development Services
J.
Lautenbach, Chief Financial Officer, Financial Services
D.
McGoldrick, General Manager, Infrastructure Services
B.
Johnson, Director of Accounting, Financial Services
R.
LeBrun, Manager of Accounting, Financial Services
S.
Brisbane, Supervisor, Financial Reporting
C.
Tasker, Internal Auditor
J.
Rodrigues, Committee Administrator
1. AUDIT COMMITTEE ORIENTATION
Ms. C. Tasker provided the Committee with a PowerPoint presentation outlining the Audit
Committee's responsibilities and a typical annual schedule of reports brought forward to the
Committee.
FIN -18-043 — EXTERNAL AUDIT PLANNING REPORT FOR FISCAL 2018
The Committee considered Financial Services Department report FIN -18-043 dated December
4, 2018, entitled "External Audit Planning Report for Fiscal 2018", with the attached KPMG
report entitled 'The Corporation of the City of Kitchener: Audit Planning Report for the year
ending December 31, 2018'. Mr. M. Betik, KPMG, was in attendance and presented the
external Audit Planning Report prepared by KPMG.
On motion by Councillor M. Johnston -
it was resolved:
"That the Audit Planning Report for the year ending December 31, 2018 prepared by
KPMG, attached as Appendix 1 to Finance and Corporate Services Department report
FIN -18-043, dated November 12, 2018, be approved."
CAO -18-020 - 2019 INTERNAL AUDIT WORK PLAN
The Committee considered Chief Administrator's Office report CAO -18-020, dated December
10, 2018, regarding the Internal Audit Work Plan for 2019. Ms. C. Tasker presented the report
and responded to questions from the Committee.
Mayor B. Vrbanovic and Councillor S. Marsh entered the meeting at this time.
On motion by Councillor M. Johnston -
it was resolved:
"That the 2019 Internal Audit work plan be approved as outlined in Chief Administrator's
Office report CAO -18-020, dated December 10, 2018."
CAO -18-021 - FOURTH QUARTER AUDIT STATUS REPORT
The Committee considered Chief Administrator's Office report CAO -18-021, dated December
9, 2018, which provides a summary of the Internal Audit activities completed during the fourth
quarter of 2018. Ms. C. Tasker presented the Report and responded to questions from the
Committee.
In response to questions from the Committee, Ms. C. Tasker advised she would examine the
City's job descriptions during her 2019 review of hiring transparency.
AUDIT COMMITTEE MINUTES
DECEMBER 17, 2018 - 5 - CITY OF KITCHENER
ADJOURNMENT
This meeting adjourned at 3:38 p.m.
J. Rodrigues
Committee Administrator