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City of San Leandro <br />Meeting Date: May 16, 2016 <br />Staff Report <br />Agenda Section:File Number:16-228 CONSENT CALENDAR <br />Agenda Number:8.L. <br />TO:City Council <br />FROM:Chris Zapata <br />City Manager <br />BY:David Baum <br />Finance Director <br />FINANCE REVIEW:David Baum <br />Finance Director <br />TITLE:Staff Report on the Independent Auditor’s City of San Leandro Memorandum <br />of Internal Control and Required Communications for the Year Ended June <br />30, 2015 <br />SUMMARY AND RECOMMENDATIONS <br />Staff recommends that the City Council accept the City’s Memorandum of Internal Control and <br />Required Communications for the year ended June 30, 2015 <br />BACKGROUND <br />On February 16, 2016, City Council accepted the Comprehensive Annual Financial Report <br />(CAFR) for the year ended June 30, 2015. In planning and performing the audit of the <br />financial statements, the City’s independent auditors considered the City’s internal control <br />over financial reporting (internal control) as a basis for designing the auditing procedures for <br />the purpose of expressing opinions on the financial statements. At the completion of the <br />audit, an unqualified, clean opinion was rendered by Maze & Associates. <br />DISCUSSION <br />The City’s independent auditor completed audits of the City’s financial statements, including <br />the Memorandum of Internal Control (MOIC). The audit affirmed the existence and quality of <br />the City’s internal controls. <br />Attached is the MOIC from the City’s external auditor which includes constructive <br />recommendations to ensure the City’s accounting function is timely, complete and accurate. <br />ATTACHMENT <br />·Memorandum of Internal Control for Fiscal Year Ended June 30, 2015 <br />Page 1 City of San Leandro Printed on 5/10/2016