AGENDAAUDIT COMMITTEEThursday, January 09, 2025 at 9:30 A.m. - 12:00 P.m.ENGINEERING TRADITIONS COMMITTEE ROOMMembers PresentCouncillor E. Spencer, ChairCouncillor J. Wyness, Vice-ChairCouncillor A. ChabotCouncillor C. WalcottPublic Member K. KimPublic Member C. McGillivrayPublic Member J. NaickerMayor J. Gondek, Ex-OfficioSPECIAL NOTES: Public are encouraged to follow Council and Committee Meetings using the live stream: www.calgary.ca/watchlive Members may be participating remotely.1.CALL TO ORDER 2.OPENING REMARKS 3.CONFIRMATION OF AGENDA 4.CONFIRMATION OF MINUTES 4.1Minutes of the Regular Meeting of the Audit Committee, 2024 December 12 1.Unconfirmed Minutes-2024-12-12-Audit Committee.pdf5.CONSENT AGENDA 5.1DEFERRALS AND PROCEDURAL REQUESTS None6.POSTPONED REPORTS (including related/supplemental reports)None7.ITEMS FROM OFFICERS, ADMINISTRATION AND COMMITTEES 7.1Chief Administrative Officer's Principal Corporate Risk Update (Verbal), AC2025-0016 1.Attach 1- Chief Administrative Officer’s Principal Corporate Risk Update (Verbal) Presentation - AC2025-0016.pdf7.22024 Year-End Principal Corporate Risk Report, AC2025-0002 1.2024 Year-End Principal Corporate Risk Report - AC2025-0002.pdf2.Attach 1 - Background and Previous Council Direction - AC2025-0002.pdf3.Attach 2 - The City's Risk Profile at Year-End 2024 - AC2025-0002.pdf4.Attach 3 - Public Key Risk Metrics - AC2025-0002.pdf5.Attach 6 - Enterprise Risk Management Program Update - AC2025-0002.pdf6.Attach 7 - Presentation - AC2025-0002.pdfAttachments 4 and 5 held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.Review By: 2030 January 317.3External Auditor 2023 Management Letter Update, AC2025-0048 1.External Auditor 2023 Management Letter Update - AC2025-0048.pdf2.Attach 1 - Deloitte LLP 2023 Letter of Recommendations - January 2025 Update Letter - AC2025-0048.pdf7.4City Auditor’s Office 4th Quarter 2024 Report, AC2025-0019 1.City Auditor's Office 4th Quarter 2024 Report - AC2025-0019.pdf2.Attach 1 - City Auditor's Office 4th Quarter 2024 Report - AC2025-0019.pdf8.ITEMS DIRECTLY TO COMMITTEE 8.1REFERRED REPORTS None8.2NOTICE(S) OF MOTION None9.URGENT BUSINESS 10.CONFIDENTIAL ITEMS 10.1ITEMS FROM OFFICERS, ADMINISTRATION AND COMMITTEES 10.1.1Annual Environmental, Social, and Governance Report Framework, AC2025-0003 Held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.Review By: 2029 December 3110.1.2External Auditor (Verbal), AC2025-0044 Held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.10.1.3Audit Forum (Verbal), AC2025-0046 Held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.10.1.4City Auditor (Verbal), AC2025-0045 Held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.10.2URGENT BUSINESS 11.BRIEFINGS None12.ADJOURNMENT No Item Selected This item has no attachments.1.Attach 1- Chief Administrative Officer’s Principal Corporate Risk Update (Verbal) Presentation - AC2025-0016.pdf1.External Auditor 2023 Management Letter Update - AC2025-0048.pdf2.Attach 1 - Deloitte LLP 2023 Letter of Recommendations - January 2025 Update Letter - AC2025-0048.pdf1.2024 Year-End Principal Corporate Risk Report - AC2025-0002.pdf2.Attach 1 - Background and Previous Council Direction - AC2025-0002.pdf3.Attach 2 - The City's Risk Profile at Year-End 2024 - AC2025-0002.pdf4.Attach 3 - Public Key Risk Metrics - AC2025-0002.pdf5.Attach 6 - Enterprise Risk Management Program Update - AC2025-0002.pdf6.Attach 7 - Presentation - AC2025-0002.pdf1.Unconfirmed Minutes-2024-12-12-Audit Committee.pdf1.City Auditor's Office 4th Quarter 2024 Report - AC2025-0019.pdf2.Attach 1 - City Auditor's Office 4th Quarter 2024 Report - AC2025-0019.pdf