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THE REGIONAL MUNICIPALITY OF YORK

 

 

 

REPORT NO. 3

OF THE REGIONAL

AUDIT COMMITTEE

MEETING HELD ON JUNE 7, 2007

 

 

 

For Consideration by

The Council of The Regional Municipality of York

on June 21, 2007

 

 

                                   

 

Chair:               Mayor M. Black

 

Members:          Mayor W. Emmerson

                        Regional Chair Fisch (ex officio)

 

 

Staff Present:    J. Abrams, L. Bigioni, J. Davidson, P. Duggan, K. Hill, M. Kemp,

                        B. Macgregor, L, Russell, L. Shallal

 

The Audit Committee began its meeting at 10:38 a.m. on June 7, 2007.

 

 

 

TABLE OF CONTENTS

 

[The following links open .pdf files of the Reports and Attachments]

 

1  2006 FINANCIAL STATEMENTS AND AUDITORS' REPORT

 

[see also Attachment 1]

 

2  AUDIT SERVICES BRANCH REPORT

 

[see also Attachment 1]

[see also Attachment 2]

[see also Attachment 4]

[see also Attachment 5]

 

3  COMPLIANCE WITH INSTITUTE OF INTERNAL AUDITORS PROFESSIONAL PRACTICE STANDARDS

 

[see also Attachment 1]

 

4  UPDATE - COMMITTEE PROCEEDINGS

 

The Audit Committee advises Council of the following matters having been considered by the Audit Committee with the following action:

 

 

PRESENTATIONS

                       

1. Kevin M. Travers, CA, Associate Partner, KPMG, regarding the Audit Findings Report for the Year ended December 31, 2006.  Received.

 

2. Ken Hill, Director of Financial Services, regarding the 2006 Financial Statements. Received.

           

 

COMMUNICATIONS

                      

1. KPMG, Audit Findings Report to Audit Committee, for the Year ended December 31, 2006.  Received.

 

2. KPMG, May 9, 2007, letter to Bruce Macgregor, Chief Administrative Officer, regarding the Audit Findings Report.  Received.

 

 

The Audit Committee adjourned at  11:10 a.m.

 

Respectfully submitted,

 

June 7, 2007                                                                                             M. Black

Newmarket, Ontario                                                                                 Chair

 

(Report No. 3 of the Audit Committee was adopted, without amendment, by Regional Council at its meeting held on June 21, 2007.)

 

 
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