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HomeMy WebLinkAboutAudit Committee Minutes August 24, 2022 Cape Breton Regional Municipality Audit Committee Minutes Wednesday, August 24, 2022 2:05 p.m. Council Chambers 2nd Floor, City Hall 320 Esplanade, Sydney, NS Vice Chair Steve Parsons called the meeting to order. Present: Councillor Steve Parsons, Vice-Chair Councillor Cyril MacDonald Councillor Glenn Paruch Councillor Lorne Green Mark Galley, Citizen Appointee Rakesh Kochhar, Citizen Appointee Staff. Jennifer Campbell, Chief Financial Officer Deborah Campbell Ryan, Municipal Clerk Adam MacNeil, Manager of Finance Angela Ross, Recording Secretary Absent: Deputy Mayor Earlene MacMullin, Chair(Regrets) CBRM Audit Committee August 24,2022 Approved October 18,2022 Page 2 of 3 Summary of Decisions Roll Call 1. Approval of Minutes Motion to approve the Audit Committee Minutes of: ➢ January 18, 2022 Motion Carried. 2. Approval of Agenda: Motion to approve the August 24, 2022 Audit Committee agenda as circulated. Carried. 3. MNP —Presentation: a) 2022 Audit Service Plan: Darren Chiasson, CPA, CA with MNP, presented the 2022 Audit Service Plan. For Information Only. Adiournment CBRM Audit Committee Minutes August 24,2022 Approved October 18,2022 Page 3 of 3 Roll Call 1. Approval of Minutes Motion: Moved by Councillor Green, seconded by Councillor Paruch, approval of the Audit Committee Minutes of: ➢ January 18, 2022 Motion Carried. 2. Approval of Agenda: Motion: Moved by Councillor Cyril MacDonald, seconded by Councillor Paruch, approval of the August 24, 2022 Audit Committee Agenda as circulated. Motion Carried. 3. MNP —Presentation: a) 2022 Audit Service Plan: Mr. Darren Chiasson, CPA, CA —Partner, Business Advisor, MNP - presented the 2022 Audit Service Plan outlined in the agenda package. Mr. Chiasson advised that the auditors have already started the audit and are on site at City Hall for the next few weeks. They plan to present to Council in mid-September and will be prepared to go through the Audit findings and Management Letter. Once approved they will submit the final report. Following the presentation, the Committee had discussion on the information provided and thanked Darren Chiasson for his presentation. For Information Only. Meeting Adiourned at 2:30 p.m. Councillor Steve Parsons Deborah Campbell Ryan Vice-Chair Municipal Clerk /acr