My WebLink
|
Help
|
About
|
Sign Out
Home
2008 CAFR
Roseville
>
Budget
>
2008 CAFR
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/19/2012 4:05:46 PM
Creation date
6/19/2012 4:03:42 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
141
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
City of <br />leiir T�I <br />Minnesota, USA <br />May 12, 2009 <br />To the City Council and Citizens of the City of Roseville: <br />Minnesota statutes require all cities to issue an annual report on its financial position and activity <br />prepared in accordance with generally accepted accounting principles in the United States of <br />America (GAAP), and audited in accordance with generally accepted auditing standards by a <br />firm of licensed certified public accountants or the Office of the State Auditor. Pursuant to that <br />requirement, we hereby issue the comprehensive annual financial report of the City of Roseville <br />for the fiscal year ended December 31, 2008. <br />This report consists of management's representations concerning the finances of the City of <br />Roseville. Consequently, management assumes full responsibility for the completeness and <br />reliability of all of the information presented in this report. To provide a reasonable basis for <br />making these representations, management of the City of Roseville has established a <br />comprehensive internal control framework that is designed both to protect the government's <br />assets from loss, theft, or misuse and to compile sufficient reliable information for the <br />preparation of the City of Roseville's financial statements in conformity with GAAP. Because <br />the cost of internal controls should not outweigh their benefits, the City of Roseville's internal <br />controls have been designed to provide reasonable rather than absolute assurance that the <br />financial statements will be free from material misstatement. As management, we assert that, to <br />the best of our knowledge and belief, this financial report is complete and reliable in all material <br />respects. <br />The City of Roseville's financial statements have been audited by Malloy, Montague, <br />Karnowski, Radosevich, & Company, P.A. a firm of licensed certified public accountants. The <br />goal of the independent audit was to provide reasonable assurance that the financial statements of <br />the City of Roseville for the fiscal year ended December 31, 2008 are free of material <br />misstatement. The independent audit involved examining, on a test basis, evidence supporting <br />the amounts and disclosures in the financial statements; assessing the accounting principles used <br />and significant estimates made by management; and evaluating the overall financial statement <br />presentation. The independent auditor concluded based upon the audit, that there was a <br />reasonable basis for rendering an unqualified opinion that the City of Roseville's financial <br />statements for the fiscal year ended December 31, 2008, are fairly presented in conformity with <br />GAAP. The independent auditor's report is presented as the first component of the financial <br />section of this report. <br />1 <br />
The URL can be used to link to this page
Your browser does not support the video tag.