Item - 2019.RA1.3

Tracking Status

  • This item was considered by CreateTO on December 10, 2018 and was adopted without amendment.

RA1.3 - CreateTO Audit Plan

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Confidential Attachment - Financial information that belongs to the Board of Directors of CreateTO and has monetary value or potential monetary value

Board Decision

The Board of Directors of CreateTO:

 

1.  Approved the 2018 Draft Audit Plan as set out in Confidential Attachment 1 to the report (November 27, 2018) from the Chief Financial Officer, CreateTO.

 

2.  Directed that the confidential information contained in Confidential Attachment 1 to the report (November 27, 2018) from the Chief Financial Officer, CreateTO remain confidential in its entirety, as it contains financial information that belongs to the Board of Directors of CreateTO and has monetary value or potential monetary value.

Origin

(November 27, 2018) Report from the Chief Financial Officer, CreateTO

Summary

2018 is the first year of operations for CreateTO. The firm of PricewaterhouseCoopers was selected as auditors for the year ended December 31, 2018 and they have prepared a draft audit plan for review and approval.

Background Information

(November 27, 2018) Report from the Chief Financial Officer, CreateTO on CreateTO Audit Plan
https://www.toronto.ca/legdocs/mmis/2019/ra/bgrd/backgroundfile-122026.pdf
(November 20, 2018) Confidential Attachment 1 - CreateTO, Build Toronto Inc., and Toronto Port Lands Company Audit Plan for the Year Ending December 31, 2018

Motions

1 - Motion to Adopt Item moved by Dennis Fotinos (Carried)
Source: Toronto City Clerk at www.toronto.ca/council