Audit Committee

THAT the agenda for the Audit Committee meeting of August 9, 2023 be confirmed.

THAT the minutes from the Audit Committee meeting held May 10, 2023 be adopted as presented.

THAT the Presentation by Katie Mahon, Partner, KPMG, regarding the Audit Findings Report for the year ended December 31, 2022 be received.

THAT the presentation by Arryn McNichol, Director of Legislative Services, regarding Risk Management be received; and THAT the Audit Committee recommends that Council direct staff to return with a Risk Management Plan to the October Audit Committee Meeting.

THAT the presentation on the DRAFT Consolidated and Trust Funds Financial Statements of The Corporation of the County of Prince Edward for the year ended December 31, 2022 be received; and THAT the Audit Committee recommends that the DRAFT Consolidated and Trust Funds Financial Statements of The Corporation of the County of Prince Edward for the year ended December 31, 2022 be forwarded, as presented, to the August 29, 2023 meeting of Council for approval.

THAT the Committee recommends that Council directs staff to provide a Cyber Security report in closed session at the October Audit Committee meeting.

THAT the Committee's discussion on its Work Plan be received.

THAT this meeting now adjourn at 4:38 p.m. Page 4 of 5 Audit Advisory Committee Minutes for August 9, 2023 Circulated to Council on August 29, 2023