Item - 2024.PR8.1

Tracking Status

This item was considered by Toronto Parking Authority - Audit and Risk Management Committee on November 5, 2024 and was adopted without amendment.

PR8.1 - Audit and Risk Management Committee - Auditor's 2024 Work Plan

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Committee Decision

The Toronto Parking Authority - Audit and Risk Management Committee recommends that the Board of Directors of the Toronto Parking Authority:

1. Receive the report (October 22, 2024) from the President, Toronto Parking Authority for information.

Decision Advice and Other Information

Kevin Travers, Audit Partner and Elliot Cheng, KPMG gave a presentation to the Toronto Parking Authority - Audit and Risk Management Committee on the Auditor's 2024 Work Plan.

Origin

(October 22, 2024) Report from the President, Toronto Parking Authority

Summary

This report presents the Auditor's 2024 Audit Work Plan for the audited financial statements for the Toronto Parking Authority for the year ended December 31, 2024. KPMG Audit Partner, Kevin Travers, will be attending the November 5, 2024 Audit and Risk Management Committee meeting to review with the Committee, the work plan to deliver the audit for the Toronto Parking Authority's 2024 Financials (see Attachment 1).

Background Information

(October 22, 2024) Report from the President, Toronto Parking Authority, on Audit and Risk Management Committee - Auditor's 2024 Work Plan
https://www.toronto.ca/legdocs/mmis/2024/pr/bgrd/backgroundfile-249742.pdf
Attachment 1 - KPMG LLP 2024 Audit Work Plan for Toronto Parking Authority 2024 Financial Statements
https://www.toronto.ca/legdocs/mmis/2024/pr/bgrd/backgroundfile-249743.pdf

Motions

Motion to Adopt Item moved by Namby Vithiananthan (Carried)