MINUTES - Audit Committee - 20140401 TOWN OF AURORA
SPECIAL GENERAL COMMITTEE
AUDIT COMMITTEE MEETING REPORT
Council Chambers
Aurora Town Hall
Tuesday, April 1, 2014
ATTENDANCE
COMMITTEE MEMBERS Mayor Dawe in the Chair; Councillors Abel, Ballard, Buck
(arrived 6:15 p.m.), Gallo, Humfryes (arrived 6:07 p.m.),
Pirri, and Thompson
MEMBERS ABSENT Councillor Gaertner
OTHER ATTENDEES Chief Administrative Officer, Director of Legal and
Legislative Services/Town Clerk (Acting), Director of
Corporate and Financial Services/Treasurer, Manager of
Financial Planning, and Council/Committee Secretary
The Chair called the meeting to order at 6:02 p.m.
1. DECLARATION OF PECUNIARY INTEREST AND GENERAL NATURE
THEREOF
There were no declarations of pecuniary interest under the Municipal Conflict of
Interest Act.
2. APPROVAL OF THE AGENDA
General Committee recommends:
THAT the agenda as circulated by Legal and Legislative Services be
approved.
CARRIED
3. DELEGATIONS
(a) Giselle Bodkin, Partner, and Andrea Nauss, Manager, BDO Canada LLP
Re: Item 1 – CFS14-015 – Audit Plan for 2013 Fiscal Year
Ms. Bodkin highlighted elements of the Audit Committee letter attached to staff
report CFS14-015, including terms of reference, engagement objectives,
independence, audit team, audit strategy, materiality, risk areas, fraud, and
reliance on an expert. She advised that the audit has commenced and it is
planned that the financial statements would be available in June. Ms. Bodkin
responded to questions from Council.
Special General Committee – Audit Committee Meeting Report
Tuesday, April 1, 2014 Page 2 of 2
4. CONSIDERATION OF ITEMS
1. CFS14-015 – Audit Plan for 2013 Fiscal Year
General Committee recommends:
THAT report CFS14-015 be received; and
THAT the 2013 Year End Audit Plan as proposed by BDO Canada LLP be
endorsed.
CARRIED
2. LLS14-005 – Risk Management
General Committee recommends:
THAT report LLS14-005 be received for information.
CARRIED
5. CLOSED SESSION
None
6. ADJOURNMENT
General Committee recommends:
THAT the meeting be adjourned at 6:23 p.m.
CARRIED
_________________________________ _________________________________
GEOFFREY DAWE, MAYOR WARREN MAR, TOWN CLERK (ACTING)
THE REPORT OF THE SPECIAL GENERAL COMMITTEE – AUDIT COMMITTEE
MEETING OF APRIL 1, 2014 RECEIVED FINAL APPROVAL BY COUNCIL ON APRIL 8,
2014.