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MINUTES - Audit Committee - 20200623 Town of Aurora Audit Committee Meeting Report Video Conference Tuesday, June 23, 20 Attendance Council Members Mayor Mrakas in the Chair; Councillors Gallo, Gilliland, Kim, and Thompson Members Absent Councillors Gaertner and Humfryes Other Attendees Doug Nadorozny, Chief Administrative Officer, Robin McDougall, Director of Community Services, Techa van Leeuwen, Director of Corporate Services, Rachel Wainwright-van Kessel, Director of Finance, Allan Downey, Director of Operations, David Waters, Director of Planning and Development Services, Patricia De Sario, Town Solicitor, Michael de Rond, Town Clerk, Ishita Soneji, Council/Committee Coordinator This meeting was held electronically as per Section 20.1 of the Town's Procedure By- law No. 6228-19, as amended, due to the COVID-19 State of Emergency. The Chair called the meeting to order at 6:18 p.m. 1. Approval of the Agenda Audit Committee approved the agenda as circulated by Legislative Services. 2. Declarations of Pecuniary Interest and General Nature Thereof There were no declarations of pecuniary interest under the Municipal Conflict of Interest Act, R.S.O. 1990, c. M.50. Audit Committee Meeting Report Tuesday, June 23, 2020 Page 2 of 2 3. Delegations None 4. Consideration of Items Requiring Discussion 1. FS20-016 – 2019 Audited Financial Statements with Audit Report Ms. Giselle Bodkin and Ms. Emma Roy, Auditors, BDO Canada LLP, presented an overview of the audit report and the financial statements, including the audit findings, best practice recommendations and any identified risks, fraud preventive and internal control measures, and a summary of the audit process. Audit Committee recommends: 1. That Report No. FS20-016 be received; and 2. That the 2019 Audit Reports and Financial Statements for the year ended December 31, 2019, be approved and published on the Town’s website; and 3. That the 2020 year-end audit plan as proposed by BDO Canada LLP be endorsed. Carried 5. Adjournment The meeting was adjourned at 6:39 p.m.