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The City of Toronto’s Audit Committee, consisting of several City Council members, exercise responsibility in three areas: financial reporting, corporate governance and corporate control.

The Audit Committee is responsible for:

  • recommending the appointment of the City’s external auditor
  • recommending the appointment of an external auditor to conduct the annual audit of the Auditor General’s office
  • reviewing the annual external audit of the financial statements of the City and its agencies and corporations
  • reviewing the annual external audit of the Auditor General’s office
  • reviewing the Auditor General’s reports and audit plan
  • conducting an annual review of the Auditor General’s accomplishments
  • making recommendations to Council on reports the Audit Committee considers
  • reviewing performance audits and other reports of the Auditor General concerning City agencies and City corporations

Visit the City of Toronto Audit Committee