Summary of Proposed Audit Plan

Covid-19 based policy and practice amendments

Review management's current, or planned, response to adaptation of key policy/procedure documents in a wide variety of areas impacted by Covid-19 using limited resources to cover a broad base or risk areas for the City.

Liquidity management

Proactively working with management to consider process and control risks and impacts to income streams and outlays given the current and prospective economic environment will help to implement considerations in a real-time manner.

Fraud risk mitigation enhancements

We will work with management to provide input into Covid-19 initiated fraud risk identification and mitigation plans in place as well as to review other possible areas for management's consideration in the current and evolving environment.

Auditor General Functions

Provide Auditor General oversight, input, investigations and support.

Management action plan validation

Follow-up on and report back to the City on the status and sufficiency of management's resolution of prior findings. An annual internal audit report on management's resolution of planned findings will be provided to management and the CSSC. Cut off for the activity is scheduled for December 31, 2020.

Risk assessment refresh

Development of annual risk assessment and 3 year internal audit plan (2020-23). We will update our risk assessment for the City as a basis for identifying areas of audit emphasis.

Oversight, administration & reporting

Ongoing status reporting and key performance metrics to the City. Maintain awareness of the City organisational risks, strategy and operational execution, Quarterly reporting to the CLT and CSSC will occur. Summary of the plan's completion

Given the volume of project status reporting is amended to 2 times per annum, with others as needed.

Concerned Citizen & Employee Hotline

Monitor the City's Hotline for accusations of fraud or abuse/waste of City assets. Internal Audit will investigate appropriate accusations as per the CCEHN Protocol (last updated July 2015).