My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
1999-12-08 Packet
Centerville
>
City Council
>
Agenda Packets
>
1996-2022
>
1999
>
1999-12-08 Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/22/2009 10:09:59 AM
Creation date
12/22/2009 10:09:28 AM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
84
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
4ABDO <br /> ABDO <br /> . EICK& <br /> •, 1MEYERSLLP <br /> cent' t'S6& Accountants & Consultants November 11, 1999 <br /> 7241 Ohms Lane <br /> Suite 200 <br /> Minneapolis, MN 55439 <br /> Honorable Mayor and City Council <br /> City of Centerville <br /> Centerville, Minnesota <br /> We are pleased to confirm our understanding of the services we are to provide the City of Centerville for the year <br /> ended December 31, 1999. We will audit the general purpose financial statements of the City of Centerville as of <br /> and for the year ended December 31, 1999. <br /> Audit Objectives <br /> The objective of our audit is the expression of an opinion as to whether your general purpose financial statements <br /> are fairly presented, in all material respects, in conformity with generally accepted accounting principles. Our <br /> audit will be conducted in accordance with generally accepted auditing standards and the standards for financial <br /> audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and <br /> will include tests of the accounting records of the City of Centerville and other procedures we consider necessary <br /> to enable us to express such an opinion. If our opinion on the general purpose financial statements is other than <br /> unqualified, we will fully discuss the reasons with you in advance. If, for any reason, we are unable to complete <br /> the audit or are unable to form or have not formed an opinion, we may decline to express an opinion or to issue a <br /> report as a result of this engagement. <br /> We will also provide reports (that do not include opinions) on internal control related to the financial statements <br /> and compliance with laws, regulations, and the provisions or grant agreements, noncompliance with which could <br /> have a material effect on the financial statements as required by Government Auditing Standards. <br /> Management Responsibilities <br /> Management is responsible for establishing and maintaining internal control and for compliance with laws, <br /> regulations, contracts, and agreements. In fulfilling this responsibility, estimates and judgments by management <br /> are required to assess the expected benefits and related costs of the controls. The objectives of internal control are <br /> to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from <br /> unauthorized use or disposition, that transactions are executed in accordance with management's authorizations and <br /> recorded properly to permit the preparation of general purpose financial statements in accordance with generally <br /> accepted accounting principles. <br /> Management is responsible for making all financial records and related information available to us. We understand <br /> that you will provide us with such information required for our audit and that you are responsible for the accuracy <br /> and completeness of that information. We will advise you about appropriate accounting principles and their <br /> application and will assist in the preparation of your financial statements, but the responsibility for the financial <br /> statements remains with you. That responsibility includes the establishment and maintenance of adequate records <br /> and effective internal control over fmancial reporting, the selection and application of accounting principles, and <br /> the safeguarding of assets. <br /> 612.835.9090 • Fax 612.835.3261 <br />
The URL can be used to link to this page
Your browser does not support the video tag.