Audit, Risk and Compliance - 2024 Audit Plan Status Update

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2025-03-24 · Toronto Transit Commission - Audit, Finance and Risk Management Committee · adopted

As filed

The Audit & Risk Management Committee: 1. Received this report for information; and 2. Received the Confidential Attachment and authorized that the information contained in the Confidential Attachment remain confidential as it relates to the security of the property of the municipality or local board.

On the agenda

As the city filed it

The Audit, Risk and Compliance Department (ARC) 2024 Audit Plan was presented and approved by the Audit & Risk Management Committee (ARMC) on November 14, 2023. The list of audit assurance projects identified for completion in 2024 is performed in addition to advisory and special requests subsequently put forward for ARC's consideration. As of the date of this update, final reports have been issued for three 2024 projects.

Show the rest of As the city filed it, 285 more characters as filed

ARC has also essentially completed fieldwork and is progressing through the reporting phase for two other 2024 projects. This report provides information with respect to ARC's progress on 2024 Audit Plan items, as well as details of the one final report issued since ARC's last update.

Staff recommended

It is recommended that the Audit & Risk Management Committee: 1. Receive this report for information; and 2. Receive the Confidential Attachment and authorize that the information contained in the Confidential Attachment remain confidential as it relates to the security of the property of the municipality or local board.

On the record

The item as the City filed it