Audit Committee

That the deputation and associated presentation by Bailey Church, Partner, Accounting Advisory Services, KPMG Enterprise regarding the report entitled “Sustainability Accounting and Reporting Update” dated November 15, 2023, from the City Manager and Chief Administrative Officer be received. Received 6.2 Item 9.2 - Maria Khoushnood, Parnter, KPMG LLP 1. COM 2023 External Audit Plan Final.pdf This matter was heard before item 6.1. M. Khoushnood spoke to the 2023 External Audit Plan. In response to Councillor J. Horneck, M. Khoushnood spoke to new accounting standards and noted the new changes do not require going back to previous years. RECOMMENDATION AC-0016-2023 Moved By Councillor C. Fonseca That the deputation and associated presentation by Maria Khoushnood, Partner, KPMG Enterprise regarding the report entitled “2023 External Audit Plan” dated November 15, 2023 from the City Manager and Chief Administrative Officer be received. Received 7. PUBLIC QUESTION PERIOD - 15 Minute Limit - Nil 8. CONSENT AGENDA - Nil 9. MATTERS CONSIDERED 9.1 Sustainability Accounting and Reporting Update 1. Sustainability Accounting and Reporting Update - 0586-2023.pdf 2. Appendix 1 - KPMG Sustainability Roadmap Final Report.pdf No discussion took place. RECOMMENDATION AC-0017-2023 Moved By Councillor C. Fonseca That the report entitled “Sustainability Accounting and Reporting Update” dated November 15, 2023, from the City Manager and Chief Administrative Officer be received for information. YES

That the report dated November 15, 2023 from the City Manager and Chief Administrative Officer titled “2023 External Audit Plan” be received for information. YES (4) Councillor C. Fonseca, Councillor J. Kovac, Councillor A. Tedjo, and Councillor J. Horneck

That the report dated November 1 7 , 202 3 from the Director, Internal Audit with respect to final audit reports: City Manager’s Department, Fire & Emergency Services Division, Professional Development & Accreditation Section – MFES Training and Accreditation Audit; City Manager’s Department, Finance Division, Revenue & Taxation Section – Property Taxes Billing Audit; and, Corporate Services Department, Corporate Business Services Division, Realty Services Section – Realty Services Audit be received for information. YES (4) Councillor C. Fonseca, Councillor J. Kovac, Councillor A. Tedjo, and Councillor J. Horneck

That th e C orporate R eport dated November 15 , 202 3 from the City Manager & Chief Administrative Officer regarding the S tatus of O utstanding A udit R ecommendations as of September 30, 2023 be received for information. YES (4) Councillor C. Fonseca, Councillor J. Kovac, Councillor A. Tedjo, and Councillor J. Horneck

That the report entitled “Sustainability Accounting and Reporting Update” dated November 15, 2023, from the City Manager and Chief Administrative Officer be received for information. YES (4): Councillor J. Kovac, Councillor C. Fonseca, Councillor A. Tedjo, and Councillor J. Horneck

That the report dated November 15, 2023 from the City Manager and Chief Administrative Officer titled “2023 External Audit Plan” be received for information. YES (4): Councillor J. Kovac, Councillor C. Fonseca, Councillor A. Tedjo, and Councillor J. Horneck

That the report dated November 17, 2023 from the Director, Internal Audit with respect to final audit reports: 1. City Manager’s Department, Fire & Emergency Services Division, Professional Development & Accreditation Section – MFES Training and Accreditation Audit; 2. City Manager’s Department, Finance Division, Revenue & Taxation Section – Property Taxes Billing Audit; and, 3. Corporate Services Department, Corporate Business Services Division, Realty Services Section – Realty Services Audit be received for information. Audit Committee 2023 12 04 6 YES (4): Councillor J. Kovac, Councillor C. Fonseca, Councillor A. Tedjo, and Councillor J. Horneck

That the Corporate Report dated November 15, 2023 from the City Manager & Chief Administrative Officer regarding the Status of Outstanding Audit Recommendations as of September 30, 2023 be received for information. YES (4): Councillor J. Kovac, Councillor C. Fonseca, Councillor A. Tedjo, and Councillor J. Horneck