2018-06-13 CC Packet - Laserfiche WebLink

Home Browse Search

Disagreements with Management For purposes of this letter, professional standards define a disagreement with management as a financial accounting, reporting,or auditing matter,whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor's report.We are pleased to report that no such disagreements arose during the course of our audit. Management Representations We have requested certain representations from management that are included in the management representation letter dated June 8,2018. Management Consultations with Other Independent Accountants In some cases, management may decide to consult With other accountants about auditing and accounting matters. similar to obtaining a"second opinion"on certain situatin& If a consultation involves application of an accounting principle to the governmental unit's financial statements or a determination of the type of auditors opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts.To our knowledge, there saire no such consultations with other accountants. Other Matters We applied certain limited procedures to the required supplementary information (RSI) didanagement's Discussion and Analysis,the Schedule of Employers Shares of the Net Pension Liability and the Schedule of Employer's Contributions), which is information that supplements the basic financial statements.Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries,the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements.We did not audit the HSI and do not express an opinion or provide any assurance on the HSI. We were engaged to report on the supplementary information(combining and individual fund financial statements and schedules), is accompany the financial statements but are not I.With respect to this supplementary information, we made certain inquiries of management and evaluated the form, content,and methods of preparing the information to detennine that the information complies with accounting principles generally accepted in the United States of America,the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our it of the financial statements.We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. We were not engaged to report on the introductory section which accompany the financial statements but is not RSL We did not audit or perform other procedures on this other information and we do not express an opinion or provide any assurance on it. Other Audit Findings or Issues We generally discuss a variety of matters, including the application of accounting principles and auditing standards,with management each year prior to retention as the City's auditors. However,these discussions occurred int normal course of our professional relationship and our responses were not a condition to our retention. BeA)j)1e +I'r;D(rSS, Gang Bevolulu., 4 Nutfibel-, 147