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8G Consent Calendar 2018 0507
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8G Consent Calendar 2018 0507
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Last modified
5/2/2018 12:50:45 PM
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5/2/2018 12:50:44 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
5/7/2018
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PERM
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Reso 2018-038
(Reference)
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\City Clerk\City Council\Resolutions\2018
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<br />Consulting Services Agreement between City of San Leandro and 4/30/18 <br />Exhibit A – Page 1 of 3 <br /> <br />EXHIBIT A <br /> <br />SCOPE OF SERVICES <br /> <br /> <br /> <br /> <br />Consultant will provide the following services: <br /> <br />1. In General: <br />The auditors will perform a financial and compliance audit to determine (a) whether the combined <br />financial statements of the City fairly present the financial position and the results of financial <br />operations in accordance with generally accepted accounting principles and (b) whether the City <br />has complied with laws and regulations that may have a material effect upon the financial <br />statements. <br /> <br />2. Internal Control: <br />The auditors will examine the City’s internal accounting controls and accounting procedures and <br />render written reports of their findings and recommendations to the Finance Director and the City <br />Manager. The examination shall be made and reports rendered in accordance with generally <br />accepted government auditing standards. <br /> <br />In the required reports on internal controls, the auditor shall communicate any reportable conditions <br />found during the audit. A reportable condition shall be defined as a significant deficiency in the <br />design or operation of the internal control structure, which could adversely affect the organization’s <br />ability to record, process, summarize, and report financial data consistent with the assertions of <br />management in the financial statements. <br /> <br />Reportable conditions that are also material weaknesses shall be identified as such in the report. <br />Non-reportable conditions discovered by auditors shall be reported in a separate letter to <br />management, which shall be referred to in the reports on internal controls. <br /> <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 judgements 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 /> <br />Irregularities and illegal acts: Auditors shall be required to make an immediate, written report of all <br />irregularities and illegal acts or indications of illegal acts of which they become aware to the <br />following parties: <br />1467
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