Laserfiche WebLink
OMB Circular A-133 requires that we aiso plan and perform the audit to obtain reasonable assurance about <br /> whether the auditee has complied with applicable laws and regulations and the provisions of contracts and <br />, grant agreements applicahie to major programs.Our procedures will consist of tests of transactions and other <br /> applicable procedures described in the"OMB Circular A-133 Compiiance Supplement"for the types of <br /> compliance requirements that could have a direct and material effect on each of the entity's major programs. <br /> The purpose of these procedures wiil be to expreu an opinion on the entity's compliance with requirements <br /> applicable to each of its major programs in our report on compliance issued pursuant to OMB Circular A-133. <br /> We will evaluate the presentation of the schedule of expenditures of federal awards accompanying the financial <br /> statements in relation to the financial statements as a whole.We will make certain inquiries of management and <br /> evaluate the form,content,and methods of preparing the schedule to determine whether the information <br /> complies with U.S.GAAP and OMB Circular A-133,the method of preparing it has not changed from the prior <br /> period,and the information is appropriate and complete in relation to our audit of the financial statements.We <br /> will compare and reconcile the schedule to the underlying accounting records and other records used to prepare <br /> the financial statements ar to the financial statements themselves. <br /> Our responsibility as auditors is limited to the period covered by our audit and does not extend to any later <br /> periods for which we are not engaged as auditors. <br /> Management responsibilities <br /> Our audit wiil be conducted on the basis that you(management a�d,when appropriate,thnse charged with <br />, governanee)acknowledge and understand that you have certain responsihilities that are fundamental to the <br /> conduct of an audit. <br />' You are responsibie for the preparation and fair presentation of the financial statements,RSI,and the schedule <br /> of ex n ' r <br /> pe drtu es of federal awards in accordance with U.S.GAAP.Mana ement is also res nsible for identi in <br /> 8 Pb fY $ <br />' all federai awards received,unde�rstanding and camplying with the compliance requirements,and for the <br /> preparation of the schedule of expenditures of federal awards in accordance with the requirements of OMB <br /> Circular A-133. <br /> Management's responsibilities include the selection and application of accounting principles;recording and <br /> reflecting all transactions in the financial statements;determining the reasonableness of significant accounting <br /> estimates included in the flnancial statements;adjusting the financiai statements to correct material <br /> misstatements;and confirming to us in the management representation letter that the effects of any <br /> uncorrected misstatements aggregated by us during the current engagement and pertaining to the letest period <br /> presented are immaterial,both individually and in the aggregate,to the financial statements taken as a whole. <br /> Management is responsible fo�compliance with applicabte laws and regulations and the provisions of contracts <br /> and grant agreements.Your responsibilities also include identifying significant vendor relationships in which the <br /> vendor has responsibility for program compliance and for the accuracy and compieteness of that info�mation. <br /> You are responsible far the design,implementation,and maintenance af effective internal control,including <br /> internal cantrol over compliance,and for evaluating and monitoring ongoing activities to help ensure that <br /> appropriate goals and objectives are met relevant to the preparation and�Fair presentation of financial <br /> statements that are free from material misstatement,whether due to fraud or error;and that there is <br />