Item - 2007.AU3.10
Tracking Status
- This item was considered by the Audit Committee on June 15, 2007. The Committee received the item for information only. No further action will be taken on this item.
AU3.10 - Auditor General’s Audit Reports - Benefits to the City of Toronto - Annual Update
- Decision Type:
- Information
- Status:
- Received
- Wards:
- All
Committee Decision
The Audit Committee received the report (May 22, 2007) from the Auditor General, for information.
Origin
(May 22, 2007) Report from the Auditor General
Summary
This report is in response to a request from Audit Committee and summarizes the estimated cumulative cost savings and the estimated increased revenues resulting from various reports issued by the Auditor General's Office from January 1, 2002 to December 31, 2006. This report also contains information relating to various audit reports containing administrative internal control recommendations made by the Auditor General’s Office. The report shows that there is an estimated benefit to the City of $5.02 for every dollar invested in the Auditor General’s Office.
Background Information
(May 22, 2007)
Report from the Auditor General - Audit Reports - Benefits to the City of Toronto
https://www.toronto.ca/legdocs/mmis/2007/au/bgrd/backgroundfile-4257.pdf
https://www.toronto.ca/legdocs/mmis/2007/au/bgrd/backgroundfile-4257.pdf