Item - 2023.AU1.12

Tracking Status

This item was considered by the Audit Committee on February 13, 2023. The Committee received the item for information only. No further action will be taken on this item.

AU1.12 - KPMG Management Letter for the City of Toronto with management responses for period ended December 31, 2021

Decision Type:: ACTION

Status:: Received

Wards:: All

Committee Decision

The Audit Committee:

1. Received the KPMG Management Letter including Management Responses - City of Toronto, December 31, 2021 (January 27, 2023) from KPMG LLP for information.

Summary

At its meeting of June 29, 2020, in item 2020.AU5.7, City Council appointed KPMG LLP as the auditor licensed under the Public Accounting Act, 2004 responsible for annually auditing the accounts and transactions of the City and certain of its local boards and expressing an opinion on the financial statements of these bodies based on the audit.

KPMG LLP presents the Management Letter for the City of Toronto with management responses for period ended December 31. 2021.

Background Information

(January 27, 2023) KPMG Management Letter including Management Responses - City of Toronto, December 31, 2021
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-234213.pdf

Motions

Motion to Receive Item moved by Councillor Jamaal Myers (Carried)

That the item be received for information.