Item - 2025.PR12.1

Tracking Status

This item will be considered by Toronto Parking Authority - Audit and Risk Management Committee on November 14, 2025.

PR12.1 - Audit and Risk Management Committee - Auditor's 2025 Work Plan

Consideration Type:: ACTION

Wards:: All

Origin

(October 29, 2025) Report from the President, Toronto Parking Authority

Recommendations

The President, Toronto Parking Authority recommends that:

1. The Board of Directors, Toronto Parking Authority, receive this report for information.

Summary

This report presents the Auditor's 2025 Audit Work Plan for the audited financial statements for the Toronto Parking Authority (TPA) for the year ended December 31, 2025. KPMG Audit Partner, Kevin Travers, will be attending the November 14, 2025, Audit and Risk Management Committee meeting to review with the Committee, the work plan to deliver the audit for the Toronto Parking Authority's 2025 Financial Statements (see Attachment 1).

Financial Impact

There is no financial impact to this report.

Background Information

(October 29, 2025) Report from the President, Toronto Parking Authority on Audit and Risk Management Committee - Auditor's 2025 Work Plan
https://www.toronto.ca/legdocs/mmis/2025/pr/bgrd/backgroundfile-259716.pdf
Attachment 1 - KPMG LLP 2025 Audit Work Plan for Toronto Parking Authority 2025 Financial Statements
https://www.toronto.ca/legdocs/mmis/2025/pr/bgrd/backgroundfile-259717.pdf