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05-23-22-R
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05-23-22-R
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<br />-3- <br />Supplementary Information <br /> <br />Our audit was conducted for the purpose of forming opinions on the financial statements that collectively <br />comprise the City’s basic financial statements. The combining and individual fund financial statements <br />and schedules, as listed in the table of contents, are presented for the purpose of additional analysis and <br />are not a required part of the basic financial statements. Such information is the responsibility of <br />management and was derived from and relates directly to the underlying accounting and other records <br />used to prepare the basic financial statements. The information has been subjected to the auditing <br />procedures applied in the audit of the basic financial statements and certain additional procedures, <br />including comparing and reconciling such information directly to the underlying accounting and other <br />records used to prepare the basic financial statements or to the basic financial statements themselves, and <br />other additional procedures in accordance with auditing standards generally accepted in the United States <br />of America. In our opinion, the supplementary information is fairly stated, in all material respects, in <br />relation to the basic financial statements as a whole. <br /> <br />Other Information <br /> <br />Management is responsible for the other information included in the annual report. The other information <br />comprises the introductory and statistical sections, but does not include the basic financial statements and <br />our auditor’s report thereon. Our opinions on the basic financial statements do not cover the other <br />information, and we do not express an opinion or any form of assurance thereon. <br /> <br />In connection with our audit of the basic financial statements, our responsibility is to read the other <br />information and consider whether a material inconsistency exists between the other information and the <br />basic financial statements, or the other information otherwise appears to be materially misstated. If, based <br />on the work performed, we conclude that an uncorrected material misstatement of the other information <br />exists, we are required to describe it in our report. <br /> <br />OTHER REPORTING REQUIRED BY GOVERNMENT AUDITING STANDARDS <br /> <br />In accordance with Government Auditing Standards, we have also issued our report dated April 21, 2022, <br />on our consideration of the City’s internal control over financial reporting and on our tests of its <br />compliance with certain provisions of laws, regulations, contracts, grant agreements, and other matters. <br />The purpose of that report is solely to describe the scope of our testing of internal control over financial <br />reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness <br />of the City’s internal control over financial reporting or on compliance. That report is an integral part of <br />an audit performed in accordance with Government Auditing Standards in considering the City’s internal <br />control over financial reporting and compliance. <br /> <br /> <br /> <br /> <br />Minneapolis, Minnesota <br />April 21, 2022 <br />
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