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1.0.5 The audit team consists of the following members: <br />Partner -in Charge: <br />Janet Pitman, CPA <br />Concurring Partner: <br />Michael Del Toro, CPA <br />Audit Principal: <br />Patricia K. Wagner, CPA <br />Audit Manager: <br />John DuPree, CPA, CFE <br />The Auditor will not replace a member of the audit team with a different member of the <br />Auditor's firm unless approved in writing by the City in advance of such proposed substitution. <br />In the event the City and the Auditor cannot agree to the substitution of a team member, the City <br />may terminate this agreement in accordance with Article 7. <br />1.0.6 Any provision in this Agreement pertaining to the City's review, approval and /or <br />acceptance of written materials prepared by the Auditor and /or its subcontractors in connection <br />with this Agreement will not diminish the Auditor's responsibility for the materials. <br />1.0.7 The Auditor will perform all of its services in coordination with the City and will advise <br />the City of any data and information it needs to perform its services. The Auditor will meet with <br />City representatives at mutually convenient times to assemble this data and information, and the <br />City may require a review meeting with the Auditor's representatives occasionally to evaluate <br />the working relationship between the City and the Auditor. <br />ARTICLE 2 <br />AUDITOR'S SERVICES AND RESPONSIBILITIES <br />2.0 BASIC SERVICES <br />For each fiscal year included in this Agreement, the Auditor will: <br />2.0.1 Prepare an audit plan based on a risk assessment performed and impacted by key <br />processes identified by the Auditor. The Auditor will ensure that the audit plan will cover the <br />2013 audit, and will be revised in subsequent years during the term of this Agreement based on <br />changes in accounting requirements or changes in City staffing. For each key process included <br />in the audit plan, the Auditor will perform the following work: <br />a) Understand the accounting process in depth, and place significant process controls in <br />place to mitigate risk; <br />b) Test significant control points to determine if controls are operating as designed; <br />c) Compare processes and controls to "best practices" to determine effectiveness; <br />d) Report to the City on the effectiveness of the audit processes; and <br />e) Determine whether any residual audit risk remains and whether substantive audit tests <br />are required. <br />Au€. ifipys sisry w A,4r erment 2013 <br />2 <br />