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January 7. 2009 City of cicln Lake Page 4 Audit procedures - internal control Our audit will Include obtaining an understanding of the entity and its environment, including internal control, sufficient to assess the risks of nnate'ial misstatement of the financial statements and to design .the nature, timing. and extent of.thrther audit procedures Tests of controlsmay be performed to test the effectiveness of certain: controls that we considerrelevant to:.preventing .and .detecting errors and fraud that are: material to the financial statements and to preventing and detecting misstatements resulting from illegal acts and other noncompliance 'natters that have a direct a and material effect on the financial statements Our tests, it performed. will be less in scope than would be necessary to render an opinion on interrnal control and, accordingly. no opinion will be expressed in our report on internal control issued pursuant to Governmei€t Atalirirlg $((ririarrrc[' All audit is not designed to provide assurance on internal control or to identify significant deficiencies However, during the audit, we will communicate to management and those chargedwith governance internal control related matters that are required to be communicated under professionalstandards and Cove! unroll Auditing Stu ido ds. Audit procedures - compliance As part of obtaining reasonable assurance aboutwhether the {i€iainelal statements arefree of material misstatement, we will perform tests of the City of Gem Lake's compliance with the provisions of applicable laws, regulations, contracts, agreements, and grants. However, lh:e objective of our audit will not be to provide an opinion on overall compliance and we will not express such an opinion in our report on compliance issued pursuant to Government Auditing Standards. As part of our audit, wewill also perform the appropriate procedures and reporting as required by the rllinnesotu. Legal Compliance Audit Guide fin. Local .Gave, tuning Administration Thomas Koop is the engagement principal and is responsible for supervising the engagement and signing the report. We understand that. your employees. will prepare ?II cash .or other confinuations we request. and. will locate .any documents selected by Os. for testing We will .provide etipieS.Of Our reports. to the City: however, management is. responsible for distribution Of the reports and the financial s€aterrncnts. UnJess:. restricled by law or regtilalion, or containing privileged and confidential information; copes of our reports are:to be made available for public inspection. The. audit doctinientation for this engagement is the property. of L.arsonAllen LLP (Lar:sonAllen) and constiilutes. conlidential int'orriration. I•iowever; pursuant to. aulhorily given by law or regulation, We May be requested to make certain audit docuntentalion available i.to.a cognizant ❑r oversight agency for.audit or its designee: a federal agency.provitline.diicet.or indirect funding, or the U S. or. Accouniabiliiy .Office for purposes tota quality review of the audit- to r.esoIvc. audit Findings,. or to carry out oversight responsibilities We will notify you o.f-my.suclt.request. 11 requested. access to such audit...documentation will. be 'provided under the superVision .of. LarsonAllen pers.onnel. furthermore,. upon request. we may provide