AgdaPkt 2012-03-19 - Laserfiche WebLink

Browse Search

City of Redwood City 6.1.A. - Page 13 rr uiyuacu Introduction This Summary is presented to provide you with a general knowledge of the contents of the technical proposal and to allow you to quickly: • Gain an understanding of our Firm. • Review the qualifications of the members of the Engagement Team. • Identify the Firm's approach to the audit of the City of Redwood City and related entities (the "City ") • Identify services provided to the City at no additional cost. • Identify the professional fees. Firm Qualifications The Firm has provided auditing, accounting, and advisory services to numerous governmental entities throughout California since 1989. With offices located in San Francisco, Century City, San Diego, and Irvine and a staff of 165 audit professionals within California, the Firm serves a variety of cities throughout California as well as conducting financial related services for numerous special districts and authorities. Names and phone numbers of several of our current clients and other references are provided for your inquiries. We encourage you to contact these individuals to obtain information on the quality of the audit and the ability of the audit staff. Our San Francisco office will be the Engagement Office assigned to the City. In addition to specific city financial statements, the Firm has also audited numerous redevelopment agencies, public financing authorities, hospitals, housing authorities, transportation authorities, special districts, water districts, OCJP grants, self insurance pools, joint power authorities and has also performed numerous compliance audits in accordance with the Single Audit Act, childcare regulations, TOT regulations, AQMD regulations, franchise requirements, RDA compliance, and other special projects. Additionally, the Firm has significant experience in bond offerings, post closure landfill costs, and recent changes to redevelopment agency reporting requirements. Most of our governmental clients currently receive the Governmental Finance Officers Association (GFOA) award for reporting excellence. The Firm is a member of the Private Companies Practice Section of the American Institute of Certified Public Accounting (AICPA) and received a positive peer review report on its system of quality control. The Firm is also a member of the AICPA's Governmental Audit Quality Center. For over twenty years, Ms. Carmen Wilson, the Engagement Partner assigned to the Bureau, has been leading and participating in audit and accounting engagement for a various types of organizations (non profits, municipalities, benefit plans, commercial interest) in a variety of industries (health care, government, transportation, manufacturing). Ms. Wilson will be on -site during portions of the engagement coordinating the audit process, supervising the audit staff, gaining a hands -on understanding of the Bureau processes, and benefiting the Bureau with her broad professional experience. We have found that this continued effort at the partner level benefits the Bureau and the Firm. The professional staff assigned to the Engagement are qualified and experienced. Each individual of the Engagement Team has several years of experience and has conducted or participated in numerous municipal audits of various sizes. Their understanding of governmental operations and the various authoritative guidelines will provide the where - with -all to perform the audit in an efficient and effective manner with minimal disruption to the City's finance department. Caporicci & Larson, CPAs