Item - 2012.AU7.2

Tracking Status

  • City Council adopted this item on July 11, 2012 without amendments and without debate.
  • This item was considered by the Audit Committee on July 3, 2012 and adopted without amendment. It will be considered by City Council on July 11, 2012.

AU7.2 - Auditor Generalís Office External Peer Review - 2012

Decision Type:
ACTION
Status:
Adopted
Wards:
All

City Council Decision

City Council on July 11, 12 and 13, 2012, adopted the following:

 

1.         City Council receive for information, the report (June 12, 2012) from the Auditor General.

Background Information (Committee)

(June 12, 2012) Report from the Auditor General on the Auditor Generalís Office External Peer Review - 2012
https://www.toronto.ca/legdocs/mmis/2012/au/bgrd/backgroundfile-48541.pdf

AU7.2 - Auditor Generalís Office External Peer Review - 2012

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Recommendations

The Audit Committee recommends that:

 

1.         City Council receive for information, the report (June 12, 2012) from the Auditor General.

Origin

(June 12, 2012) Report from the Auditor General

Summary

Government Auditing Standards state that “Audit organizations performing audits and attestation engagements in accordance with Generally Accepted Government Auditing Standards (GAGAS) must have an external peer review performed by reviewers independent of the audit organization being reviewed at least once every 3 years.”  The purpose of this report is to provide the Audit Committee with information regarding the Auditor General’s proposed external peer review.

Background Information

(June 12, 2012) Report from the Auditor General on the Auditor Generalís Office External Peer Review - 2012
https://www.toronto.ca/legdocs/mmis/2012/au/bgrd/backgroundfile-48541.pdf

Motions

1 - Motion to Adopt Item moved by Councillor Mary-Margaret McMahon (Carried)
Source: Toronto City Clerk at www.toronto.ca/council