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8I Consent 2011 0620
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8I Consent 2011 0620
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Last modified
6/24/2011 5:15:10 PM
Creation date
6/16/2011 4:27:48 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
6/20/2011
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_CC Agenda 2011 0620
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0620
Reso 2011-112
(Reference)
Path:
\City Clerk\City Council\Resolutions\2011
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EXHIBIT A <br />SCOPE OF WORK <br />A. Services to be performed by Auditors <br />In General: <br />The auditors will perform a financial and compliance audit to determine (a) whether <br />the combined financial statements of the City fairly present the financial position <br />and the results of financial operations in accordance with generally accepted <br />accounting principles, and (b) whether the City has complied with laws and <br />regulations that may have a material effect upon the financial statements. <br />2. Internal Control: <br />The auditors will examine the City's internal accounting controls and accounting <br />procedures and render written reports of their findings and recommendations to the <br />Finance Director and the City Manager. The examination shall be made and reports <br />rendered in accordance with generally accepted government auditing standards. <br />In the required reports on internal controls, the auditor shall communicate any <br />reportable conditions found during the audit. A reportable condition shall be <br />defined as a significant deficiency in the design or operation of the internal control <br />structure, which could adversely affect the organization's ability to record, process, <br />summarize, and report financial data consistent with the assertions of management <br />in the financial statements. <br />Reportable conditions that are also material weaknesses shall be identified as such <br />in the report. Non - reportable conditions discovered by auditors shall be reported in <br />a separate letter to management, which shall be referred to in the reports on internal <br />controls. <br />Auditors shall ensure that the City is informed of each of the following: <br />a. The auditor's responsibility under generally accepted auditing standards <br />b. Significant accounting policies <br />c. Management judgments and accounting estimates <br />d. Other information in documents containing audited financial statements <br />e. Disagreements with management <br />f. Management consultation with other accountants <br />g. Major issued discussed with management prior to retention <br />h. Difficulties encountered in performing the audit <br />Consulting Services Agreement between 06/06/2011 <br />City of San Leandro and MAZE and Associates Page 15 of 20 <br />
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