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Auditor’s Year End Communication *TIME SPECIFIC: 1:00 p.m.*
Presented by: Brittany Keelan CPA, CA Partner KPMG and Sheldon Jacobs, CPA, CA Partner KPMG
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SUMMARY
This report brings forward any significant matters identified by the Auditors during their
audit engagement of the 2024 Financial Statements and other reporting as required by
the Canadian Institute of Chartered Accountants.
This report also brings forward any operational matters identified by the Auditors during
the audit engagement.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
Section 276 of the Municipal Government Act requires that a municipality prepare
financial statements for the preceding year and that the audited statements (with the
auditor’s report) be available to the Minister and to the public by May 1st.
BACKGROUND AND DISCUSSION
This report summarizes the scope of the audit, any findings to date, and reviews any matters of importance.
The section of this report titled “Control deficiencies and other observations”, beginning on page 11, outlines any matters, in detail, identified during the audit.
All audit findings from previous years have been completed and closed and there are no new audit findings for the 2024-year end.
KPMG is responsible for expressing an opinion on the City’s consolidated financial
statements, in accordance with Canadian Generally Accepted Auditing Standards
(Canadian GAAS) and Canadian Public Sector Accounting Standards (Canadian
PSAS).
STAKEHOLDER COMMUNICATIONS OR ENGAGEMENT
N/A
ALIGNMENT TO PRIORITIES IN COUNCIL’S STRATEGIC PLAN
Initiative aligned with Strategic Plan:
Not Applicable
ALIGNMENT TO LEVELS OF SERVICE DELIVERY
N/A
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Report Date: April 15, 2025
Author(s): Brenda Barclay
Department: Financial and Strategic Services
Department Director: Anne Victoor
Managing Director: Diane McMordie
Chief Administrative Officer: William Fletcher