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R2017-118 Professional Service Agreement with CliftonLarsonAllen, LLP for Auditing Services and Non-Audit Advisory Services
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R2017-118 Professional Service Agreement with CliftonLarsonAllen, LLP for Auditing Services and Non-Audit Advisory Services
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9/26/2017 8:45:06 AM
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Resolution/Ordinance
Res Ord Num
R2017-118
Res Ord Title
Professional Service Agreement with CliftonLarsonAllen, LLP for Auditing Services and Non-Audit Advisory Services
Department
Finance
Approved Date
9/18/2017
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August 1,2017 <br /> City of Decatur <br /> Page 7 <br /> awards that includes our report thereon or make the audited financial statements readily available to intended <br /> users of the schedule of expenditures of federal awards no later than the date the schedule of expenditures of <br /> federal awards is issued with our report thereon.Your responsibilities include acknowledging to us in the <br /> representation letter that(1)you are responsible for presentation of the schedule of expenditures of federal <br /> awards in accordance with the Uniform Guidance; (2)you believe the schedule of expenditures of federal <br /> awards, including its form and content, is fairly presented in accordance with the Uniform Guidance; (3)the <br /> methods of measurement or presentation have not changed from those used in the prior period (or, if they have <br /> changed,the reasons for such changes); and (4)you have disclosed to us any significant assumptions or <br /> interpretations underlying the measurement or presentation of the schedule of expenditures of federal awards. <br /> Management is responsible for the preparation and fair presentation of other supplementary information in <br /> accordance with U.S. GAAP.You agree to include our report on the supplementary information in any document <br /> that contains, and indicates that we have reported on,the supplementary information.You also agree to include <br /> the audited financial statements with any presentation of the supplementary information that includes our <br /> report thereon or make the audited financial statements readily available to users of the supplementary <br /> information no later than the date the supplementary information is issued with our report thereon.You agree <br /> to provide us written representations related to the presentation of the supplementary information. <br /> Management is responsible for providing us with a written confirmation concerning representations made by <br /> you and your staff to us in connection with the audit and the presentation of the basic financial statements and <br /> RSI. During our engagement,we will request information and explanations from you regarding,among other <br /> matters,the entity's activities, internal control,future plans, specific transactions,and accounting systems and <br /> procedures.The procedures we will perform during our engagement and the conclusions we reach as a basis for <br /> our report will be heavily influenced by the representations that we receive in the representation letter and <br /> otherwise from you.Accordingly, inaccurate, incomplete, or false representations could cause us to expend <br /> unnecessary effort or could cause a material fraud or error to go undetected by our procedures. In view of the <br /> foregoing,you agree that we shall not be responsible for any misstatements in the entity„'s financial statements <br /> that we may fail to detect as a result of misrepresentations made to us by you. <br /> Management is responsible for establishing and maintaining a process for tracking the status of audit findings <br /> and recommendations. Management is also responsible for identifying and providing report copies to us of <br /> previous financial audits, attestation engagements, performance audits,or other studies related to the <br /> objectives discussed in the "Audit objectives”section of this letter.This responsibility includes relaying to us <br /> corrective actions taken to address significant findings and recommendations resulting from those audits, <br /> attestation engagements, performance audits, or other engagements or studies.You are also responsible for <br /> providing management's views on our current findings, conclusions, and recommendations, as well as your <br /> planned corrective actions for the report, and for the timing and format for providing that information. <br /> Responsibilities and limitations related to nonaudit services <br /> For all nonaudit services we may provide to you, management agrees to assume all management <br /> responsibilities; oversee the services by designating an individual, preferably within senior management,who <br /> possesses suitable skill, knowledge, and/or experience to understand and oversee the services; evaluate the <br /> adequacy and results of the services; and accept responsibility for the results of the services. <br />
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