Title
PRESENTATION CONCERNING GOVERNANCE, RISK MANAGEMENT AND CONTROL PROCESSES
Ms. Sarah MacGregor, Director of Internal Audit provided a presentation concerning Governance, Risk Management and Control Processes.
Ms. MacGregor discussed slides concerning the following topics:
• The purpose of Internal Audit;
• Effective oversight;
• Internal Audit’s role related to the Finance and Corporate Services Committee with effective oversight;
• Definition of governance, risk management and controls; and
• Internal Audit’s workplan activities associated with improving governance, risk management and mitigating risks.
In closing, Ms. MacGregor noted that Internal Audit’s work will support the Committee’s oversight of governance, risk management and controls.
Members of the Committee asked a number of questions and received responses from City staff.