TAMRMS#: B06
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Auditor's Year End Communication - Time Specific 2:00 p.m.
Presented by: John Stelter CPA, CA Partner KPMG
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RECOMMENDED MOTIONS
recommendation
1. That the report titled “2020 City of St. Albert - Audit Findings Report”, provided as an attachment to the April 19, 2021 agenda report titled “Auditors Year End Communication”, be received as information.
2. That Administration provide a status update on the Audit Recommendations as outlined in the report entitled “2020 City of St. Albert - Audit Findings Report” at the Community Growth & Infrastructure Standing Committee in October 2021.
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PURPOSE OF REPORT
This report brings forward any significant matters identified by the Auditors during their audit engagement of the 2020 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 PRIORITIES IN COUNCIL’S STRATEGIC PLAN
N/A
ALIGNMENT TO LEVELS OF SERVICE DELIVERY
Public Communication and Corporate Reporting to the Community:
Provision of progress update on Council’s Strategic Plan, financials and key performance indicators to support transparency to the community through regular reporting of the City's achievements.
Report is prepared annually to provide update on progress toward achieving established goals and to report on City’s financial position.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
See reference to MGA requirements under Legal Implications below.
BACKGROUND AND DISCUSSION
This report summarizes the scope of the audit, any findings to date and reviews any matters of importance.
Page 12 of this report titled “Control and Other Observations” outlines any matters, in detail, identified during the audit.
KPMG is responsible to express an opinion on the City’s consolidated financial statements, in accordance with Canadian...
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