Item - 2023.AU3.9

Tracking Status

This item was considered by the Audit Committee on December 1, 2023. The Committee received the item for information only. No further action will be taken on this item.
See also 2020.AU5.7 - Contract Award of Request for Proposal No. 9119-19-7141 (Doc2038917448) to KPMG LLP for External Audit Services for the City and Certain of its Agencies and Corporations

AU3.9 - KPMG Management Letter for the City of Toronto with management responses for period ended December 31, 2022

Decision Type:: ACTION

Status:: Received

Wards:: All

Committee Decision

The Audit Committee:

1. Received the KPMG Management Letter including Management Responses - for the year 2022 ending December 31, 2022 (November 16, 2023) from KPMG LLP for information.

Origin

(November 16, 2023) Letter from from KPMG Management including Management Responses for the City of Toronto

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 submits this Management Letter for the City of Toronto with management responses for period ended December 31, 2022.

Background Information

(November 16, 2023) Letter from from KPMG Management including Management Responses for City of Toronto, for the year 2022 ending December 31, 2022
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-240857.pdf

Motions

Motion to Receive Item moved by Councillor Paula Fletcher (Carried)

That the item be received for information.