The Committee considered Chief Administrative Office report CAO-2023-284, entitled "2nd Quarter 2022 Audit Status Report", dated June 15, 2023, providing a summary of the Internal Audit assurance and consulting services completed during the period of April to June 2023. C. Tasker, Internal Auditor, presented the report and responded to questions from the Committee.
C. Tasker presented the 2nd Quarter Audit Status Report, advising the Committee the completed audits performed include: the petty cash and floats controls audit and facility booking and risk assessment program review. C. Tasker noted the accounting controls audit and training documentation review remain in progress at this time.
C. Tasker presented the petty cash and floats audit, noting the inspection aimed to confirm petty cash and float balances and ensure the cash is adequately protected from theft in the applicable 29 City locations. C. Tasker stated the proposed recommendations resulting from the audit include: updating floats, ensuring unneeded floats are deposited, and securing and reconciling all floats.
C. Tasker then presented the facility booking and risk assessment program review. C. Tasker noted the review aims to assess the effectiveness and impact of the new facility booking and risk assessment process, to identify further areas for improvement. C. Tasker identified key recommendations arising from the Report, including: considering improvement suggestions for the webpage and form, reviewing risk assessment criteria, reviewing facility host concerns, exploring adding facility availability to the webpage and exploring alternative online software forms.