Item - 2019.AU1.12

Tracking Status

  • This item was considered by the Audit Committee on February 22, 2019. The Committee received the item for information only. No further action will be taken on this item.

AU1.12 - City of Toronto Audit Plan for the Year Ending December 31, 2018

Decision Type:
ACTION
Status:
Received
Wards:
All

Committee Decision

The Audit Committee received for information, the Audit Plan for the 2018 audit of the consolidated financial statements of the City of Toronto, submitted by PricewaterhouseCoopers, LLP.

Origin

(February 6, 2019) Report from Michael Hawtin, Partner - Assurance, PricewaterhouseCoopers LLP

Summary

PricewaterhouseCoopers presenting an Audit Plan for the 2018 audit for the consolidated financial statements of the City of Toronto, prepared in accordance with Canadian public sector accounting standards.

 

The plan includes PWC's view on audit risks, the nature, extent and timing of audit work, as well as proposed fees and terms of engagement.

Background Information

(February 6, 2019) City of Toronto Audit Plan for the Year Ending December 31, 2018, submitted by PricewaterhouseCoopers, LLP
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-126519.pdf
Appendix B: Audit Service Guide
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-129445.pdf

Motions

1 - Motion to Receive Item moved by Councillor Frances Nunziata (Carried)
Source: Toronto City Clerk at www.toronto.ca/council