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Agenda - Council - 11/25/1981
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Agenda - Council - 11/25/1981
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
11/25/1981
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/ <br />IESTIONSKELATING TO THE AUDITORS OPINION <br /> <br />I'CTION II <br /> <br />1. Does the auditor identify the exclusion of any required <br /> financial statements, as noted in Section <br /> <br />I <br />I <br /> <br />! <br /> <br /> I <br /> <br />Does the auditor Identify the use of any t~proper bases of <br />accounting, as noted in Section 1-27 (Note: If the <br />fiaanctaI statements are prepared on a comprehensi, ve basis <br />of accounting other than GAA1~, then the auditor may issue <br />a special report opinion pursuant to AU SEC 621.) <br /> <br />Does the auditor identify any inadequacies in footnote <br />disclosures, as noted tn Section 1-37 <br /> <br />Does the auditor appropriately identify the funds which <br />were audited? (ASLGU po 87-88). <br /> <br />Does the auditor stat'e that the examination was made in <br />accordance with Cenerally._A~cepted Auditing Standards? (GAAS) <br /> <br />Does the auditor's opinion refer to GAAP and appropriately <br />comment on consistency? <br /> <br />When comparative figures are included in the financial <br />statements, does the auditor appropriately state both years? <br />(AU SEC 5O5) <br /> <br />If any of the ~inancial information is not audited, are the <br />applicable pages marked as '~naudited" or clearly segregated <br />from the audited statements? (Third paragraph of opinion <br />disclaimer) <br /> <br />i. W <br /> hat type of opinion was given by the auditor? \ <br /> <br /> Does the type of opinion rendered by the auditor seem <br /> appropriate in the ctrmc.m~tances? .- <br /> <br />l~ Reasons opinion was qualified, adverse, or disclaimed: <br /> <br />I <br />i <br />I <br />I <br /> <br />-4- <br /> <br />Yes No N/A <br /> <br /> <br />
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