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6.1.A. -Page 22 y of Redwood City Proposal <br />Additional Activities <br />We offer a full range of accounting and finance services to the governmental sector. These <br />services include: <br />• Financial audits <br />• Compliance audits <br />• Tax advice <br />• Development of financial and accounting policies and procedures <br />• Investment review and compliance evaluation <br />• Comfort letters <br />• Operational reviews <br />• Technical guidance on existing and upcoming accounting issues <br />• Training seminars <br />• Outsourced internal auditing <br />• Pension /profit- sharing plans <br />• SAS 70 <br />• Performance audits <br />• Business consulting <br />• Forensic advisory services <br />• Bankruptcy <br />• Business valuation <br />• Forensic accounting <br />• Fraud risk management and remediation <br />• Litigation support <br />• Internal audit services <br />• Sarbanes -Oxley compliance <br />Consequently, Firm personnel are well qualified to perform the services expected by the City <br />Quality Control Review <br />The Firm is a member of the AICPA Quality Review Program. The program is designed to identify <br />weaknesses in policies and procedures relating to the conduct of accounting services. <br />In 2008, another qualify review of the Firm's policies, practices, and procedures was conducted. <br />The reviewers made an independent assessment of the Firm's quality control policies and <br />procedures and inspected the working papers and reports on a representative sample of <br />accounting and auditing engagements including governmental clients. The Firm's administrative <br />files and records were also reviewed and our professional personnel interviewed. <br />After thorough study of the Firm's procedures and work practices, the reviewers concluded that our <br />firm complies with the stringent quality control standards established by the AICPA. <br />In evaluating the Firm's quality controls, a quality reviewer considers, among other things, what a <br />firm does to ensure it hires only qualified people, that it properly supervises them and provides <br />professional training, that it advances them to responsibilities they are capable of handling, and <br />that it provides them with necessary technical resources. <br />Using guidelines established by the AICPA, the reviewers determined that the Firm has an effective <br />quality control system and that our accounting and auditing work conforms to professional <br />Y <br />�a <br />�s <br />standards. <br />Caporicci & Larson, CPAs 4 <br />