Loading...
HomeMy WebLinkAboutCAO-09-057 - Auditor's Year End Report J db KITCHENER Chief Administrator's Office REPORT TO: DATE OF MEETING: SUBMITTED BY: PREPARED BY: WARD(S) INVOLVED: DATE OF REPORT: REPORT NO.: SUBJECT: Mayor Carl Zehr, Chair and members of the Audit Committee December 14, 2009 Loretta Alonzo, Performance Measurement and Internal Auditor Loretta Alonzo, Extension 3557 All December 8, 2009 CAO-09-057 AUDITOR'S YEAR-END REPORT RECOMMENDATION: That the internal auditor's year-end report as outlined in report CAO-09-057 be received as information. BACKGROUND: Since its inception in 2005 the Internal Audit division has conducted over 20 audits throughout the Corporation. The scope of these reviews has ranged from comprehensive divisional audits to process and control reviews generating hundreds of recommendations aimed at improving efficiency and identifying gaps in controls or operating issues. The auditor's reports are presented quarterly to the Audit Committee and the annual workplan is approved in the last quarter for the following year. Senior staff has recommended that an annual report by the auditor be presented to the audit committee highlighting the work conducted over the past year and confirming the completion of the approved workplan. REPORT: The division operated with one contract staff from January to December 2009 and completed the 2009 workplan as approved by Council on November 24,2008. The following summary highlights services provided by the division in 2009: Audit Services: · Value for money audit - Social Planning Council · Value for money audit - Leadership Waterloo Region · Administrative audit - Community centres · Process and controls audit - accounts payable payments · Cash controls review - Pools · CVOR compliance testing Risk Management Services: · Development of Corporate Risk Management Policy and framework · Consolidated maintenance facility - risk register oversight · Delta program - risk register oversight · King Street reconstruction project - risk register development and oversight · Utilities division - risk assessment and reporting · Corporate risk register - risk register development and reporting Performance Measurement Services: · Municipal Performance Measurement Program - reporting · Key Performance Indicators - data collection and reporting FINANCIAL IMPLICATIONS: None ACKNOWLEDGED BY: Jeff Wilmer, General Manager, Development and Technical Services