The Auditor General’s 2011 Audit Work Plan identified Toronto Community Housing Corporation (TCHC), including its subsidiaries, as a priority for additional audits. The objective of this review was to assess the extent to which Housing Services Inc.’s (HSI), a subsidiary of TCHC, administrative structure and control framework supports sound financial management and compliance with purchasing […]
In 2011, the Auditor General issued two separate audit reports relating to the Toronto Community Housing Corporation (TCHC) as follows: Toronto Community Housing Corporation – Procurement Policies and Procedures Are Not Being Followed Toronto Community Housing Corporation – Controls Over Employee Expenses Are Ineffective In view of the absence of basic internal controls identified in […]
We conducted a review of the Affordable Housing Project at 2350 Finch Avenue West at the request of City Council made at its meeting of June 19, 20 and 21, 2007. The request to carry out this review was supported by a significant majority of Council members, and accordingly the Auditor General included this review […]
The implementation of the recommendations contained in this report will provide the Auditor General with the ability to access the records of Toronto Hydro, TEDCO and TCHC. Such access would allow City Council to request the Auditor General’s Office to conduct specific audit work, if at some point the City’s interests were compromised.