R2017-118 Professional Service Agreement with CliftonLarsonAllen, LLP for Auditing Services and Non-Audit Advisory Services

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August 1,2017 City of Decatur Page 12 Bookkeeping services Bookkeeping services are not audit services. Bookkeeping services include the following activities: • Preparation of a trial balance • Account reconciliations • Bank statement reconciliations • Capital asset accounting(e.g., calculating depreciation, identify capital assets for additions and deletions) • Calculating accruals • Analyzing transactions for proper recording • Preparation of financial statements and the related notes to the financial statements • Processing immaterial adjustments through the financial statements • Adjusting the financial statements for new activities and new disclosures Additional work resulting from unanticipated changes in your organization or accounting records If your organization undergoes significant changes in key personnel, accounting systems, and/or internal control,we are required to update our audit documentation and audit plan.The following are examples of situations that will require additional audit work: • Revising documentation of your internal control for changes resulting from your implementation of new information systems • Deterioration in the quality of the entity's accounting records during the current-year engagement in comparison to the prior-year engagement • Significant new accounting issues • Significant changes in your volume of business • Mergers, acquisitions, or other business combinations • New or unusual transactions • Changes in audit scope or requirements resulting from changes in your activities • Erroneous or incomplete accounting records • Evidence of material weaknesses or significant deficiencies in internal control • Regulatory examination matters • Implementation or adoption of new or existing accounting, reporting, regulatory, or tax requirements • New financial statement disclosures Changes in engagement timing and assistance by your personnel The fee estimate is based on anticipated cooperation from your personnel and their assistance with timely preparation of confirmations and requested schedules. If the requested items are not available on the dates required or are not accurate, we will advise management. Additional time and costs may be necessary because of such unanticipated delays. Examples of situations that may cause our estimated fee to increase include: