Title
PRESENTATION CONCERNING AN INTERNAL AUDIT 101 AND STATUS UPDATE
Sarah MacGregor, Director of Internal Audit provided a presentation regarding an Internal Audit 101 and status update.
Ms. MacGregor discussed slides concerning the following topics:
• The perception and reactions to Internal Audit;
• An introduction to Internal Audit Department staff;
• The alignment of Internal Audit’s mandate with Council’s Strategic Plan;
• An overview of areas not within Internal Audit’s mandate;
• An overview of areas that fall within the mandate of the Internal Audit Department;
• Internal Audit activity, including project, focus, and status from April to December 2022;
• A summary of the IPD Billable Rates Project, including an audit of vendor and team member billable hours;
• A summary of the Accounts Payable Follow-up Review, including the number and status of recommendations;
• A summary of the MTO Driver Certification Program Audit, including the status of recommendations;
• An overview of the Purchasing Card and Expense Reimbursement Review, including the number of recommendations for each;
• An overview of the Fraud and Wrongdoing Program, including 2022 statistics relating to the method of submission and number of reports received; and
• The continued work of Internal Audit in creating positive relationships, protecting City assets, and implementing efficiencies.
Members of the Committee asked questions of Ms. MacGregor and received responses.