File #: TMP-23110    Version: 1 Name:
Type: Presentation - AC/RC Status: Received
File created: 9/19/2018 In control: Finance and Corporate Services Committee
On agenda: 9/26/2018 Final action: 9/26/2018
Title: PRESENTATION CONCERNING THE 2018 YEAR TO DATE INTERNAL AUDIT STATUS Sarah MacGregor, Director of Internal Audit provided a presentation concerning the 2018 Year to Date Internal Audit Status. Ms. MacGregor discussed slides concerning the following topics: * The 2018 Year to Date Internal Audit Activity; * A chart illustrating the potential fraud risks; * The review and recommendations of the following Recreation and Parks and Fleet Services: o Cash handling for Recreation Services; o Fleet Services - rent vs. lease vs. purchase for fleet vehicles; o Sport Field Maintenance performed by Recreation and Parks Department; o Accounts payable review to ensure accuracy, controls are adequate and processing effectively, vendors are monitored to reduce duplicate vendors. * A review of the Fraud and Wrongdoing Program after Year 1. Members of the Committee asked a number of questions and received responses from City staff.
Attachments: 1. 2018 YTD Internal Audit status update.pdf, 2. Report to FCS - 2018 Internal Audit Status Update.pdf

Title

PRESENTATION CONCERNING THE 2018 YEAR TO DATE INTERNAL AUDIT STATUS

 

Sarah MacGregor, Director of Internal Audit provided a presentation concerning the 2018 Year to Date Internal Audit Status.

 

Ms. MacGregor discussed slides concerning the following topics:

 

•                     The 2018 Year to Date Internal Audit Activity;

•                     A chart illustrating the potential fraud risks;

•                     The review and recommendations of the following Recreation and Parks and Fleet Services:

o                     Cash handling for Recreation Services;

o                     Fleet Services - rent vs. lease vs. purchase for fleet vehicles;

o                     Sport Field Maintenance performed by Recreation and Parks Department;

o                     Accounts payable review to ensure accuracy, controls are adequate and processing effectively, vendors are monitored to reduce duplicate vendors.

•                     A review of the Fraud and Wrongdoing Program after Year 1.

 

Members of the Committee asked a number of questions and received responses from City staff.