December 7, 2016, at 4:08 PM

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1.   Disclosures of

Pecuniary Interest

That it BE NOTED that no pecuniary interests were disclosed.

2.   Election of

Vice-Chair for the term ending November 30, 2017

That M. van Holst BE ELECTED Vice Chair of the Audit Committee for the term ending November 30, 2017.

3.   PUBLIC SUBMISSION -

Request for the City of London to Engage PricewaterhouseCoopers LLP on Behalf of the London & Middlesex Housing Corporation

That the request dated November 2, 2016, from J. Browne, Chief Executive Officer, London & Middlesex Housing Corporation, with respect to a request to complete a second phase of the shared services review, BE REFERRED to PricewaterhouseCoopers for completion; it being noted that a current audit project (Corporate Services: Post implementation review of software – CRM, Amanda and Time & Attendance) will be referred to the new outsourced internal auditor for the City of London, for incorporation into the new audit work plan.

4.   PUBLIC SUBMISSION -

Quarterly Report on Internal Audit Results

That, on the recommendation of PricewaterhouseCoopers (PwC), the following actions be taken:   a)         the action plans identified in the Report on Internal Audit Results - 2014 Municipal Election Audit BE RECEIVED and BE IMPLEMENTED as appropriate for the 2018 Municipal Election; and,   b)         the Status of Past Project Action Plans (Housing Access Centre Process Review, By-law Enforcement & Licensing, Facilities Design & Construction, Development & Compliance Services and Corporate Services) BE RECEIVED.

(See Confidential Appendix to the 1st Report of the Audit Committee, enclosed for Members only.)