Laserfiche WebLink
� `� <br />. <br />r' <br />GcORGE M. HANSEN G❑MPANY <br />Cert.'fied Publrc .4cco4ntantl <br />175 SOUTN PLAZA BUI G WAYXA7A BOl1�EVAR� At MIGHWAY 100 <br />Mf N Ot FS,..PtINNE50TA-53A� <br />. 'T�-� ���,. <br />��3! 5548-2586 � ^��� �� �� , <br />a • c? I � <br />+1` ' i + a <br />� `` : 9+.X <br />� n ._ _ <br />� �' , i1 �:_ . ,:� <br />August 26, i97b <br />'�� �, ,.-�� <br />:r:f,;ahiU�t� <br />�L - ,�inn�sota <br />City Council <br />C�tJ of RosevilLe <br />Raseville, Minnes��a 55422 <br />aear Council Members: <br />�t the requesk o£ Mr. Sholund, �,�e are pleased to submit this estimate o� the cos� <br />of an audi.t af the City ef RosevilZe for the year ended ]3ecember 31, 1976� <br />F�e Qstimate that the range of aur fee. would be �9,000 to $9,500, nat to excead <br />the 1at�er. If the CiCy handled the typing, pzao�ing, prin�ing, colla�ing aad <br />binda.ng, the est�mate would �e reduced $30Q. Should our time be less than <br />az�ticiQatEd, ou� fee would be reduced accordingly. Ix i.s our �eneral. practice to <br />sub�r,?L p�ogress billings as the work progresses. <br />Our fees aze based on the amount of time we spen�d on, an engagement. We encourage <br />our c],ien�s to have �heir pezsonnel assist �.in the pre,paration oi csorking pape�s <br />and sctiec�ules and giv� us as much clexical asszsi.ance as possibie in order to <br />tieep the cost to a minimu�. <br />'4de would perform an audit of the balance shee�s of �he various funds a� the City <br />as of Decembe� 3�, ].976 and the related. financial statements �or the year fiher� <br />ended. The audit would be performed a_n, accardance with the procedures esta�alished <br />bp the State Au�itor and the America� Institute of Certi�ied Public Acc�u�iants. <br />Thes� procedures are coutpat�ble �azth the pronouncemen,�s of the �Iational Council. <br />on Gover*unenta3. Accounting. <br />TEie audit Ya1-►ich we wi.11 perfartn w�ll be an examinatiion which cortsi.sts ot a reviekr <br />n-� ]..I?�°_�T'f�? C�11�'CC1� ?�c�Lr_.tzng prc:.e�ur�s, and �-1Z� de�a�J.s O� 811 recor�s, �it� <br />cl�diug s�lbsic�iary records and s�ppor�ing data as ta mathematical accnracy, <br />pxoprz.4ty and cQmpleteness of all txansactions on a test baszs. The test <br />e�amzrr.atzor� pre�umes thaC the �tems selected are representatzve of all th e <br />trazisactions o <br />���.Ctinugh sucl� an audit is the one mast frequent�y used today, it will noC n�.c�s- <br />sarily dzscaver fraud or defalcatian. Hocaever, should �raud or defalcatio� e�;zst, <br />�.t *_�ay b� uxicavered as the result of one ox more o£ the pracedures appl.ied on. a <br />�est basis. <br />