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controls, accounting, data processing systems, legality of actions, other instances <br />of noncompliance with laws and regulations, and any other material matters. <br />2) Be reviewed in draft form with the City's Director of Finance in order to <br />determine whether the observations reflect an accurate understanding of the City's <br />systems and procedures. <br />3) Include any significant deficiencies in the design or operation of the City's <br />internal control structure, which could adversely affect the City's ability to record, <br />process, summarize, and report financial data consistent with assertions of <br />management in the financial statements. In addition, the Auditor will report <br />significant opportunities for internal control improvements or increased <br />efficiencies requiring action by City management and/or the City Council. <br />4) Include a written report to the City Manager of all material irregularities and <br />illegal acts or indications of illegal acts of which the Auditor becomes aware. <br />5) Include appropriate recommendations for improvement. <br />Upon completion, the Auditor will provide the City with the letter in an electronic file in <br />Microsoft Word, as a pdf file, and print and bind twenty (20) copies for the City. <br />c) Single Audit Report: A single audit report that details the City's compliance with laws <br />and regulations related to major and non -major federal and state financial assistance <br />programs. The Single Audit Report will include the following: <br />1) A statement that the examination was conducted in accordance with applicable <br />auditing standards; <br />2) The Auditor's opinion on compliance with specific requirements applicable to major <br />federal and state financial assistance programs; <br />3) An indication of compliance with general requirements applicable to major federal <br />and state financial assistance programs and compliance with laws and regulations <br />applicable to non -major federal and state financial assistance program transactions <br />tested; <br />4) The City's internal control structure used in administering federal financial <br />assistance programs; <br />5) Findings of noncompliance or ineligible expenditures, presented in sufficient detail <br />for City management to clearly understand them; and <br />5 <br />