HomeMy WebLinkAboutAudit Minutes - 2022-12-19Audit Committee
Minutes
December 19, 2022, 4:00 p.m.
Council Chambers - Hybrid
City of Kitchener
200 King Street W, Kitchener, ON N2G 4G7
Present: Mayor B. Vrbanovic
Councillor S. Davey
Councillor D. Schnider
Councillor J. Deneault
Councillor C. Michaud
Councillor A. Owodunni
Councillor P. Singh
Councillor B. loannidis
Councillor M. Johnston
Councillor D. Chapman
Councillor A. Clancy
Staff: D. Chapman, Chief Administrative Officer
M. May, General Manager, Community Services and Deputy
Chief Administrator
V. Raab, General Manager, Corporate Services
J. Readman, General Manager, Development Services
J. Lautenbach, Chief Financial Officer, Financial Services
D. McGoldrick, General Manager, Infrastructure Services
C. Tasker, Internal Auditor
M. Blake, Committee Administrator
M. Mills, Committee Administrator
1. Commencement
The Audit Committee held a meeting this date commencing at 4:19 p.m.
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2. Disclosure of Pecuniary Interest and the General Nature Thereof
None.
3. Discussion Items
3.1 External Audit Planning Report for Fiscal Year 2022, FIN -2022-520
The Committee considered Financial Services report FIN -2022-520, dated
December 19, 2022, to which the KPMG report entitled, "Audit Planning Report
for the year ended December 31, 2022" was attached. M. Betik and C. Cheal,
KPMG, the City's external Auditor, was in attendance to present the Audit Finding
Report for the year ending December 31, 2022.
On motion by Councillor S. Davey
it was resolved:
"That the Audit Planning Report for the year ended December 31, 2022,
prepared by KPMG, attached as Appendix A to Financial Services
Department report FIN -2022-520 be approved."
Carried
3.2 4th Quarter 2022 Audit Status Report, CAO -2022-500
The Committee considered Chief Administrative Office report CAO -2022-500,
entitled "4th Quarter 2022 Audit Status Report", dated December 19, 2022,
providing a summary of the Internal Audit assurance and consulting services
completed during the period of October to December 2022. C. Tasker, Internal
Auditor, presented the report and responded to questions from the Committee.
On motion by Councillor P. Singh
it was resolved:
"That Chief Administrative Office report CAO -2022-500, regarding the 4th
Quarter 2022 Audit Status Report, be received for information."
Carried
3.3 2023 Internal Audit Work Plan, CAO -2022-494
The Committee considered Chief Administrative Office report CAO -2022-494,
dated December 19, 2022, regarding the Internal Audit Work Plan for 2023. C.
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Tasker, Internal Auditor presented the report and was in attendance to respond
to questions from the Committee.
On motion by Councillor B. loannidis
it was resolved:
"That the 2023 Internal Audit work plan be approved as outlined in Chief
Administrative Office report CAO -2022-494."
4. Adjournment
On motion, this meeting adjourned at 5:17 p.m.
Mariah Blake
Committee Administrator
Carried
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