TAMRMS#: B06
10.1
Information Item Only
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Auditor’s Year End Communication *TIME SPECIFIC: 9:30 a.m.*
Presented by: Brittany Southworth 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 2025 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 attachment titled “City of St. Albert - 2025 Audit Findings Report”, beginning on page 9, 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 2025 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 21, 2026
Author(s): Stanley Chan
Department: Finance and Strategic Services
Department Director: Anne Victoor
Managing Director: Diane McMordie
Chief Administrative Officer: William Fletcher