“To be recognized as a leading audit organization, respected for excellence, innovation and integrity, in supporting the City of Toronto as a world class organization.”
The Auditor General is responsible for assisting City Council in holding itself and City administrators accountable for the quality of stewardship over public funds and for achievement of value for money in City operations.
The Auditor General’s Office is independent of management and has the authority to conduct financial, operational, compliance, information systems, forensic and other special reviews of:
- most City departments
- City agencies and corporations
- local boards provided for under the City of Toronto Act
- other entities the City is related to or has an interest in
Under the City of Toronto Act, 2006, several City organizations are excluded from the Auditor General’s review. They are:
- Toronto Police
- Toronto Public Health
- Toronto Library Board
City Council has given the Auditor General authority to perform audits at these entities if requested by the entities’ governing body.
In addition, the Auditor General does not have authority to audit:
- Toronto Hydro
- Toronto Economic Development Corporation
The Auditor General may conduct reviews of these separate Corporations if requested by City Council.
A completely separate Internal Audit Division, reporting to the City Manager, provides risk and business consulting services to senior management, as well as independent and objective assurance that the systems for which management is responsible function properly.