Agenda - Council - 09/24/1985 - Laserfiche WebLink

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I I I I Haskins,' Sells Mr. Lloyd (;. Schnelle City Administrator City of Ramsey 15153 Nowthen Boulevard Ramsey, Minnesota 55303 Dear Mr. Schnelle: 1360 N(-v~,~,t Ct'ut('f [f,12~ 291.8110 (.at,h [}[t~AN[)¢ August 29, 1985 I I As you requested, we are pleased to provide you with our proposed audit services for 1985, as well as our estimated fees for these services. SCHEDULE: I I I I Preliminary - One week in December, 1985 Final - Weeks of March 24, 31, and April 7, 1986 Report date goal - April 30, 1986 PERSONNEL: Edward A. Robinson, Partner John B. Lilja, Manager Barbara J. Mock, In-charge Accountant One assistant to be named SERVICES: I I I I I ! I Our services to the City for 1985 will include a general audit of the financial statements of the City. Our audit approach will be realigned for 1985 so as to constitute an organization-wide ("single") audit as required by a new Federal law. This means that the scope of our audit will include auditing Federal funds, principally your Revenue Sharing allocation, and procedures relating thereto. In addition, for 1985, our audit procedures will specifically include the new Legal Compliance Audit Guide being published by the State Auditor. REPORTS: As a result of the expansion of our audit scope under Federal and State requirements, our reporting will also be expanded. As in the past, we will issue our Auditors' Opinion for inclusion in your Comprehensive Annual Financial Report. In addition, we will prepare for you another report for Federal and State compliance purposes. It will include your basic financial statements together with our report thereon, as well as our reports on our examinations of your systems of internal control and of legal compliance matters.