City of Toronto Audit Findings Report for the Year Ended December 31, 2024

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The decision

2025-07-23 · Toronto City Council · adopted

As filed

City Council on July 23 and 24, 2025, adopted the following: 1. City Council receive the City of Toronto Audit Findings Report for the Year Ended December 31, 2024 (June 26, 2025) from KPMG LLP for information.

On the agenda

As the city filed it

At its meeting of June 29, 2020, in item 2020.AU5.7 , City Council appointed KPMG LLP as the auditor licensed under the Public Accounting Act, 2004 responsible for annually auditing the accounts and transactions of the City and certain of its local boards and expressing an opinion on the financial statements of these bodies based on the audit. KPMG LLP presents the City of Toronto Audit Planning Report for the Year Ended December 31, 2024 for the 2024 audit of the consolidated financial statements for the City of Toronto.

Considered

2025-07-11 · Audit Committee · amended
Decision as filed
The Audit Committee recommend that: 1. City Council receive the City of Toronto Audit Findings Report for the Year Ended December 31, 2024 (June 26, 2025) from KPMG LLP for information.
Clerk’s note
Kevin Travers, Lead Audit Engagement Partner, KPMG LLP, and Maria Khoushnood, Audit Engagement Partner, KPMG LLP, gave a presentation on City of Toronto Audit Findings Report for the Year Ended December 31, 2024.
2025-07-23 · Toronto City Council · adopted

On the record

The item as the City filed it