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Audit Committee · 2023-12-01 · 2023.AU3.12

The filed record

Request for Retroactive Authorization to Appoint Kwok & Associate for External Audit Services for North Toronto Memorial Arena

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The decision

2023-12-13 · Toronto City Council · adopted

As filed

City Council on December 13, 14, and 15, 2023, adopted the following: 1. City Council authorize retroactively the Auditor General to appoint Kwok and Associates to perform the financial statement audits for North Toronto Memorial Arena for the years ending December 31, 2021 and December 31, 2022, through a non-competitive procurement process.

On the agenda

As the city filed it

The purpose of this report is to provide the Audit Committee and City Council with a status update regarding the financial statement audits of North Toronto Memorial Arena for the years 2021 and 2022. Considering the challenges faced by North Toronto Memorial Arena and Welch LLP in achieving effective cooperation, this report requests retroactive authorization of the appointment of Kwok & Associate through a non-competitive procurement process, completed by the Board of the North Toronto Memorial Arena, for the purpose of conducting financial statement audits for those two years.

Show the rest of As the city filed it, 183 more characters as filed

Starting with the 2023 year-end, North Toronto Memorial Arena will use Grant Thornton LLP, the external auditors authorized by City Council, for the external audit services of Arenas.

Staff recommended

The Auditor General recommends that: 1. City Council grant authority retroactively to the Auditor General to appoint Kwok & Associate to perform the financial statement audits for North Toronto Memorial Arena for the years ending December 31, 2021 and December 31, 2022, through a non-competitive procurement process.

Considered

  • 2023-12-01 · Audit Committee · adopted

    Decision as filed

    The Audit Committee recommend that: 1. City Council grant authority retroactively to the Auditor General to appoint Kwok & Associate to perform the financial statement audits for North Toronto Memorial Arena for the years ending December 31, 2021 and December 31, 2022, through a non-competitive procurement process.

  • 2023-12-13 · Toronto City Council · adopted

On the record

The item as the City filed it

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