AGENDAAUDIT COMMITTEEThursday, October 17, 2024 at 9:30 A.m. - 12:00 P.m.ENGINEERING TRADITIONS COMMITTEE ROOMMembers PresentCouncillor E. Spencer, ChairCouncillor R. Pootmans, Vice-ChairCouncillor C. WalcottCouncillor J. WynessPublic 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 September 19 1.Unconfirmed Minutes-2024-09-19-Audit Committee.pdf5.CONSENT AGENDA 5.1DEFERRALS AND PROCEDURAL REQUESTS None6.POSTPONED REPORTS (including related/supplemental reports)None7.ITEMS FROM OFFICERS, ADMINISTRATION AND COMMITTEES 7.1Corporate Risk Appetite and Tolerance Update, AC2024-0972 1.Corporate Risk Appetite and Tolerance Update - AC2024-0972.pdf2.Attach 1 - Background and Previous Council Direction - AC2024-0972.pdf3.Attach 2 - Risk Appetite and Tolerance Update - AC2024-0972.pdf4.Attach 4 - Presentation - AC2024-0972.pdfAttachment 3 held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.Review By: 2029 October 177.2Annual Control Environment Assessment Report, AC2024-1031 1.Annual Control Environment Assessment Report - AC2024-1031.pdf2.Attach 1 - Previous Council Direction Background - AC2024-1031.pdf3.Attach 2 - Control Environment Assessment Program 2023 Year-End Assessment - AC2024-1031.pdf4.Attach 3 - Sustainment Plan Future Program Activities Planned - AC2024-1031.pdf5.Attach 5 - COSO Principles Self-Assessment and 2023 Reports - AC2024-1031.pdf6.Attach 6 - Presentation Annual Control Environment Assessment - AC2024-1031.pdfAttachment 4 held confidential pursuant to Sections 24 (Advice from officials) and 25 (Disclosure harmful to economic and other interests of a public body) of the Freedom of Information and Protection of Privacy Act.Review By: 2026 January 017.3City Auditor’s Office 3rd Quarter 2024 Report, AC2024-1148 1.City Auditor's Office 3rd Quarter 2024 Report - AC2024-1148.pdf2.Attach 1 - City Auditor's Office 3rd Quarter 2024 Report - AC2024-1148.pdf7.4Audit Committee Infrastructure Review Working Group Update, AC2024-1127 1.Audit Committee Infrastructure Review Working Group Update - AC2024-1127.pdfAttachment held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.Review By: 2025 June 308.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 10.1.1External Auditor (Verbal), AC2024-1122 Held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.10.1.2Audit Forum (Verbal), AC2024-1121 Held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.10.1.3City Auditor (Verbal), AC2024-1123 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.Unconfirmed Minutes-2024-09-19-Audit Committee.pdf1.Annual Control Environment Assessment Report - AC2024-1031.pdf2.Attach 1 - Previous Council Direction Background - AC2024-1031.pdf3.Attach 2 - Control Environment Assessment Program 2023 Year-End Assessment - AC2024-1031.pdf4.Attach 3 - Sustainment Plan Future Program Activities Planned - AC2024-1031.pdf5.Attach 5 - COSO Principles Self-Assessment and 2023 Reports - AC2024-1031.pdf6.Attach 6 - Presentation Annual Control Environment Assessment - AC2024-1031.pdf1.City Auditor's Office 3rd Quarter 2024 Report - AC2024-1148.pdf2.Attach 1 - City Auditor's Office 3rd Quarter 2024 Report - AC2024-1148.pdf1.Corporate Risk Appetite and Tolerance Update - AC2024-0972.pdf2.Attach 1 - Background and Previous Council Direction - AC2024-0972.pdf3.Attach 2 - Risk Appetite and Tolerance Update - AC2024-0972.pdf4.Attach 4 - Presentation - AC2024-0972.pdf1.Audit Committee Infrastructure Review Working Group Update - AC2024-1127.pdf