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1 <br /> CITY OF ROSEVILLE <br /> REQUIRED COMMUNICATION <br /> 111December 31, 2014 <br /> We have audited the financial statements of the City for the year ended December 31, 2014, and have <br /> issued our report dated April 30, 2015. Professional standards require that we provide you with the <br /> following information related to our audit. <br /> OUR RESPONSIBILITY UNDER AUDITING STANDARDS GENERALLY ACCEPTED IN <br /> THE UNITED STATES OF AMERICA AND GOVERNMENT AUDITING STANDARDS <br /> As stated in our engagement letter, our responsibility, as described by professional standards, is to <br /> express an opinion about whether the financial statements prepared by management with your oversight <br /> are fairly presented, in all material respects, in conformity with accounting principles generally accepted <br /> in the United States of America. Our audit of the financial statements does not relieve you or <br /> management of your responsibilities. <br /> As part of our audit, we considered the internal control of the City. Such considerations were solely for <br /> the purpose of determining our audit procedures and not to provide any assurance concerning internal <br /> control. <br /> As part of obtaining reasonable assurance about whether the financial statements are free of material <br /> misstatement, we performed tests of the City's compliance with certain provisions of laws, regulations, <br /> contracts and grant agreements. However, the objective of our tests was not to provide an opinion on <br /> compliance with such provisions. <br /> Our responsibility for the supplementary information accompanying the financial statements, as <br /> described by professional standards, is to evaluate the presentation of the supplementary information in <br /> relation to the financial statements as a whole and to report on whether the supplementary information is <br /> fairly stated, in all material respects, in relation to the financial statements taken as a whole. <br /> PLANNED SCOPE AND TIMING OF THE AUDIT <br /> An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the <br /> financial statements; therefore, our audit involved judgment about the number of transactions to be <br /> examined and the areas to be tested. <br /> Our audit included obtaining an understanding of the City and its environment, including internal <br /> control, sufficient to assess the risks of material misstatement of the financial statements and to design <br /> the nature, timing and extent of further audit procedures. Material misstatements may result from <br /> (1) errors, (2) fraudulent financial reporting, (3) misappropriation of assets or(4) violations of laws or <br /> governmental regulations that are attributable to the City or to acts by management or employees acting <br /> on behalf of the City. <br /> ' QUALITATIVE ASPECTS OF ACCOUNTING PRACTICES <br /> Management is responsible for the selection and use of appropriate accounting policies. The significant <br /> ' accounting policies used by the City are described in Note 1 to the financial statements. No new <br /> accounting policies were adopted and the application of existing policies was not changed during the <br /> year ended December 31, 2014. We noted no transactions entered into by the City during the year for <br /> which there is a lack of authoritative guidance or consensus. All significant transactions have been <br /> recognized in the proper period. <br /> 1 3 <br />