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AgdaPkt 2012-03-19
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AgdaPkt 2012-03-19
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Last modified
3/20/2012 2:54:48 PM
Creation date
3/15/2012 5:34:10 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Special
Agency Type
City Council
Date
3/19/2012
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6.1.A. - Page 36 <br />„,Ly of Redwood City <br />Proposal <br />11 <br />I Audit Schedule Continued <br />April/May -Single Audit Compliance and Other Compliance <br />' Entrance conference with City Management. <br />' Obtain Federal Financial Assistance Schedule. <br />' Determine grants to be considered as major programs including clusters. <br />' Perform audit tests of major grant programs and compliance with Federal Law and <br />Regulations. <br />' Review grant documents, select sufficient number of transactions to test for <br />compliance of Federal Requirements. <br />' Coordinate Single Audit efforts with the Financial Audit efforts. <br />' Communicate findings to City Management. <br />Other Compliance <br />Redevelopment Agency - <br />• Perform compliance requirements for improvement agency as <br />identified by the State Controller. <br />• Perform low and moderate set aside audit requirements. <br />April /May <br />- Other Audit Tasks <br />Review minutes of City Council meetings and other key committees. <br />' Coordinate with City staff and prepare of all appropriate confirmation requests <br />including. <br />Bank accounts. <br />Investment pool accounts. <br />Accounts receivable. <br />Federal grants. <br />Revenue from governmental agencies. <br />Bond and other debts. <br />Pension plan. <br />Attorney letters. <br />Others, as required. <br />Provide City with audit plan and list of year end audit schedules. <br />' Hold progress conference with City Management. <br />' Hold exit conference with City Management. <br />Caporicci & Larson, CPAs <br />U. <br />0 <br />18 <br />
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