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City of Maple Ridge
Audit & Finance Committee Meeting Minutes
May 2, 2016
The Minutes of the Audit and Finance Committee Meeting held in the Blaney Room of the
Municipal Hall, 11995 Haney Place, Maple Ridge, BC on Monday, May 2, 2016 at 9:00 a.m.
PRESENT
Committee Members
Councillor Masse, Chair
Mayor Read
Councillor Shymkiw
Councillor Speirs
Councillor Bell
Councillor Duncan
Absent
Councillor Robson
Municipal Staff
T. Swabey, Chief Administrative Officer
P. Gill, General Manager Corporate & Financial Services
K. Swift, General Manager Community Services, Parks & Rec
C. Nolan, Manager of Accounting
T. Thompson, Manager of Financial Planning
L. Benson, Manager of Sustainability & Corporate Planning
Guest
B. Cox, BDO (External Auditor)
The meeting was called to order at 9:05 a.m.
1. Approval of agenda
MOVED by Councillor Speirs and SECONDED by Councillor Bell that the agenda be
approved as submitted.
CARRIED
2. Approval of minutes of April 18, 2016
MOVED by Councillor Bell and SECONDED by Councillor Speirs that the minutes of
the Audit & Finance Committee meeting of April 18, 1016 be approved.
CARRIED
Note: Councillor Shymkiw joined the meeting at 9:07 a.m.
3. 2015 Audit Update
Bill Cox from BDO Canada LLP, the City's external auditor, reviewed the Audit Results
Report with the committee. The discussion touched on the concept of materiality
and reviewed the auditors work around key areas such as fraud investigation. The
key messages delivered were that the audit went well, no evidence of fraud was
found and a clean audit opinion was issued.
Audit & Finance Committee Meeting Minutes
March 14, 2016
Page 2
4. Private Committee Meeting with Auditor
Staff left the meeting at 9:38 a.m.
Adjournment
B. Masse, Chair