The Parks and Recreation Division provides a wide range of programs and services that result in the collection and handling of significant amounts of cash, which by its nature, is susceptible to loss and misappropriation. In response to the audit risk associated with the level of cash handled, the Auditor General’s Office included in its Audit Work Plan, a review of revenue and cash controls within the Parks and Recreation Division of Economic Development, Culture and Tourism. In addition, this review also focussed on the management of accounts receivable relating to registration, memberships and permits.
The objective of this review was to ensure that appropriate levels of internal controls exist in relation to the handling of cash and that effective policies and procedures are in place in respect to the management of the City’s receivables.