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<br />.5: / 6'.. /--1 <br /> <br />CITY OF REDWOOD CITY <br /> <br />Specific Audit Approach <br /> <br />Audit Schedu~uedl <br /> <br />.... , <br />,i.. . <br />,',' . enoèl <br /> <br />: '~:'.-'.. "".',: '. /~:;::'.:;.",.~¡;':' 'C>,,;';/"':", , ~'-~~? <br />;"---;:".¡\;1¡~~c- ~'..r\-, . ~',:"""",":'.";' , '. :', - ;"'~~' ;!'~i <br />-"'-'~"',.._;".",.,~." .~:- .": " ,'. -~:"', ~,' <br /> <br />April/May <br /> <br />April/May <br /> <br />April/May <br /> <br />-Internal Control 'Structure (continued) <br />. Perform statistical testing of the intemaI control <br />system and evaluate the effectiveness of the City's <br />systems. Select large dollar and random samples <br />of transactions in key operating systems. Sample <br />size to meet required level for determined degree <br />of risk. Review supporting documentation of <br />selected transactions, evaluate adequacy of support <br />and approvals, and conclude on degree of <br />adherence to accuracy and compliance with City <br />policies. <br />. Provide to the City's management a memo <br />concerning management letter points and identify <br />issues, if any. <br /> <br />- Single Audit Compliance <br /> <br />. Obtain or prepare Federal Financial Assistance <br />Schedule. <br />. Perform audit tests of grant programs and <br />compliance with Federal Law and Regulations. <br />Review grant documents, select sufficient number <br />of transactions to test for compliance of Federal <br />General and Specific Requirements. <br /> <br />- Other Audit Tasks <br /> <br />. Review minutes of City Council meetings and other <br />key committees. <br />. Coordinate with City staff and prepare of all <br />appropriate coIÚirmation requests including: <br />- Bank Accounts. <br />. -Investment pool accounts. <br />- Accounts receivable. <br />- Federal grants. <br />- Revenue from ovemmental a encies. <br /> <br />Partner <br />Manager <br />Senior <br />Staff <br /> <br />Partner <br />Manager <br />Senior <br />Staff <br /> <br />10 <br />10 <br />10 <br />10 <br /> <br />5 <br />5 <br />10 <br />20 <br />