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MINUTES - Audit Committee - 20150324 TOWN OF AURORA AUDIT COMMITTEE MEETING REPORT Council Chambers Aurora Town Hall Tuesday, March 24, 2015 ATTENDANCE COUNCIL MEMBERS Deputy Mayor Abel in the Chair, Councillors Gaertner (arrived 6:33 p.m.), Humfryes (arrived 6:33 p.m.), Kim, Mrakas, Thom, and Thompson MEMBERS ABSENT Councillor Pirri and Mayor Dawe OTHER ATTENDEES Chief Administrative Officer, Director of Corporate and Financial Services/Treasurer, Manager of Financial Planning, Financial Analyst, Town Clerk, and Council/Committee Secretary The Chair called the meeting to order at 6.31 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 approved the agenda as circulated by Legal and Legislative Services. 3. DELEGATIONS (a) Giselle Bodkin, Partner, and Andrea Nauss, Manager, BDO Canada LLP Re: Item 1 – CFS15-013 – Audit Plan for 2014 Fiscal Year Ms. Bodkin and Ms. Nauss presented an overview of the approach, scope, and delivery plan of the services provided by BDO Canada LLP for the audit of the consolidated financial statements of the Town. Audit Committee Meeting Report Tuesday, March 24, 2015 Page 2 of 2 General Committee received and referred the comments of the delegation to Item 1. 4. CONSIDERATION OF ITEMS 1. CFS15-013 – Audit Plan for 2014 Fiscal Year General Committee recommends: THAT Report No. CFS15-013 be received; and THAT the 2014 year end Audit Plan as proposed by BDO Canada LLP be endorsed. CARRIED 5. CLOSED SESSION None 6. ADJOURNMENT The meeting was adjourned at 6:52 p.m. JOHN ABEL, DEPUTY MAYOR STEPHEN M. A. HUYCKE, TOWN CLERK THE REPORT OF THE AUDIT COMMITTEE MEETING OF MARCH 24, 2015 RECEIVED FINAL APPROVAL AND COUNCIL ENDORSEMENT OF THE RECOMMENDATIONS ON MARCH 31, 2015.