Item - 2020.AU5.13

Tracking Status

  • This item was considered by the Audit Committee on February 10, 2020. The Committee received the item for information only. No further action will be taken on this item.

AU5.13 - Audit Plan for the City of Toronto's Consolidated Financial Statements for the Year Ended 2019

Decision Type:
ACTION
Status:
Received
Wards:
All

Committee Decision

The Audit Committee:

 

1.  Received for information, the Audit Plan for the audit of the consolidated financial statements of the City of Toronto for the year ended 2019, submitted by PricewaterhouseCoopers, LLP.

Origin

(January 23, 2020) Report from Michael Hawtin, Partner - Assurance, PricewaterhouseCoopers LLP

Summary

PricewaterhouseCoopers presenting an Audit Plan for the audit of the consolidated financial statements of the City of Toronto for the year ended 2019.

 

The report provides a summary of the PWC team, audit scope and approach, including an initial assessment of risks and required communications. The audit continues to evolve to reflect the changes within the City’s environment and any significant changes to the audit plan will be shared and discussed with the Audit Committee.

Background Information

(January 23, 2020) Audit Plan for the Consolidated Financial Statements of the City of Toronto for the year ended 2019
https://www.toronto.ca/legdocs/mmis/2020/au/bgrd/backgroundfile-145255.pdf

Motions

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