AC2022-0597

That with respect to Report AC2022-0597, the following be approved: That the Audit Committee approve an additional scope of work for the Control Environment Assessment Redesign Project as follows: Include an Appendix (Attachment 3) in the Annual Control Environment Assessment Report, for information purposes, outlining relevant policy and structure, and inclusive of reports that have addressed elements of the COSO Control Environment Principles in that year; and Appendix 3 will be self-assessed by various departments and will be updated on an annual basis. Starting in 2023, Administration will identify select areas of focus and validate the self-assessment with control evidence.