June 24, 1998
To:Audit Committee
From:City Auditor
Subject:Committee of Management for McCormick Playground Arena -
Management Letter
Recommendation:
It is recommended that the 1997 management letter and corresponding response relating to the audit of the financial
statements of the Committee of Management for McCormick Playground Arena, be received for information.
Comments:
The Auditor of the former City of Toronto has completed his 1997 audit of the financial statements of the Committee of
Management for McCormick Playground Arena, for the year ended December 31, 1997. As a bi-product of his audit, the
attached management letter was issued to the Chair of McCormick Arena. A response from the Chair of McCormick Arena
has been received.
Conclusion:
I have reviewed both the management letter, as well as the response from the McCormick Arena. The comments contained
in both letters will be addressed during our 1998 review of the McCormick Arena, in order to ensure that issues identified
have been addressed.
Contact Name and Telephone No.:
John Woods, 392-7172.
Jeff Griffiths
City Auditor
JG:lm
Encl.
C:\AUDIT\REPORTS\1998\DEPRTMEN\CLERKS\MCCORMIC.ML