#	Audit report	Observation # and name	Retargets		Executive approval from	Rationale
8	*Your Quick Gateway (YQG) -Managing Inventory, Repairs and Maintenance	207 - Enhance key vendor management controls	Original Due Date	December 31,2018	Chief Executive Officer YQG	Background: Management has developed a new Purchasing Policy that includes segregation of duties and other vendor management controls (purchasing controls).Reason for Delay: The segregation of duties and related controls are active as of date, however due to the recruitment of a new CEO the Purchasing Policy has been delayed for approval. Director of Finance left corporation on April 3, 2020 and position is currently under recruitment.Basis for viability of reforecasted: Management will be presenting the new Purchasing Policy to the Board before the end of Q2 2020 for discussion and approval.
			Retarget Date	Dec 31, 2020
			# of Retargets	2
			Days since Identification	1 year 6 months
			Days past Original Due Date	365 days
9	Your Quick Gateway (YQG) -Managing Inventory, Repairs and Maintenance	209 - Enhance compensating controls to address potential segregation ofduties	Original Due Date	December 31,2018	Chief Executive Officer YQG	Background: Management has developed a new Purchasing Policy that includes segregation of duties and other vendor management controls (purchasing controls).Reason for Delay: The segregation of duties and related controls are active as of date, however due to the recruitment of a new CEO in Q1 2020, the approval of Purchasing Policy has been delayed. Director of Finance left corporation on April 3, 2020 and position is currently under recruitment.Basis for viability of reforecasted: Management will be presenting the new Purchasing Policy to the Board before the end of Q2 2020 for discussion and approval.
			Retarget Date	Dec 31, 2020
			# of Retargets	2
			Days since Identification	1 year 6 months
			Days past Original Due Date	365 days
10	Managing Transition of Projects into Operations	211- Enhance project classification and expectation guidelines	Original Due Date	Sep 30, 2019	Executive Initiatives Coordinator, Office of the CAO	Background:In a review of the policies, procedures, templates and samples projects, it was noted (a) that project classification requires significant interpretation; and (b) that project management methodologies allow for alternatives but do not include minimum expectations.
			Retarget Date	Dec 31, 2021
			# of Retargets	1
						Reason for Delay: Lack of resources available to carry out the tasks.The Executive Initiatives Coordinator (EIC) in the CAO’s Office has been seconded to the WFM project. This position has not been backfilled and therefore all projects, responsibilities, and duties have been put on hold until its return to the EIC position, the date of which is unknown at this time.
			Days since Identification	1 year 2 months
			Days past Original Due Date	92 days
						Basis for viability of reforecasted: The resources for this project are not expected to be available until late 2020/early 2021. From that point they will be required to undertake the management action plan in time to meet the revised date They have capacity set aside at that future time for this work.