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2010-153 Finance - Martin Starnes & Associates, CPA's, P.A. - Contract to Audit Accounts
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2010-153 Finance - Martin Starnes & Associates, CPA's, P.A. - Contract to Audit Accounts
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Last modified
5/14/2018 4:41:22 PM
Creation date
7/9/2010 11:05:02 AM
Metadata
Fields
Template:
Contract
Date
6/15/2010
Contract Starting Date
7/1/2009
Contract Ending Date
6/30/2010
Contract Document Type
Contract
Agenda Item
4t
Amount
$83,300.00
Document Relationships
Agenda - 06-15-2010 - 4t
(Linked To)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2010\Agenda - 06-15-2010 - Regular Mtg.
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Audit Objectives <br /> The objective of our audit is the expression of opinions as to whether your basic financial <br /> statements are fairly presented, in all material respects, in conformity with U.S. generally <br /> accepted accounting principles and to report on the fairness of the additional information referred <br /> to in the first paragraph when considered in relation to the basic financial statements taken as a <br /> whole. The objective also includes reporting on internal control related to the financial <br /> statements and compliance with laws, regulations, and the provisions of contracts or grant <br /> agreements, noncompliance with which could have a material effect on the financial statements <br /> in accordance with Governmental Auditing Standards. The objective also includes reporting on <br /> internal control related to major programs and an opinion (or disclaimer of opinion) on <br /> compliance with laws, regulations, and the provisions of contracts or grant agreements that could <br /> have a direct and material effect on each major program in accordance with the Single Audit Act <br /> Amendments of 1996 and OMB Circular A-133, Audit of States, Local Governments, and Non- <br /> Profit Organizations. <br /> The reports on internal control and compliance will each include a statement that the report is <br /> intended solely for the information and use of management, the body or individuals charged with <br /> governance, others within the entity specific legislative or regulatory bodies, federal awarding <br /> agencies, and if applicable, pass-through entities and is not intended to be and should not be used <br /> by anyone other than these specified parties. <br /> Our audit will be conducted in accordance with auditing standards generally accepted in the <br /> United States of America; the standards for financial audits contained in Government Auditing <br /> Standards, issued by the Comptroller General of the United States; the Single Audit Act <br /> Amendments of 1996; and the provisions of OMB Circular A-133, and will include tests of the <br /> accounting records, a determination of major program(s) in accordance with OMB Circular A- <br /> 133, and other procedures we consider necessary to enable us to express such opinion and to <br /> render the required reports. If our opinions on the financial statements or the Single Audit <br /> compliance opinions are other than unqualified, we will fully discuss the reasons with you in <br /> advance. If, for any reason, we are unable to complete the audit or are unable to form or have not <br /> formed opinions, we may decline to express an opinion or to issue a report as a result of this <br /> engagement. <br /> Management Responsibilities <br /> Management is responsible for the basic financial statements and all accompanying information <br /> as well as all representations contained therein. Management is also responsible for preparation <br /> of the schedule of expenditures of federal and State awards in accordance with the requirements <br /> of OMB Circular A-133. As part of the audit, if we assist with the preparation of your financial <br /> statements, schedule of expenditures of federal and State awards, and related notes, you are <br /> responsible for making all management decisions and performing all management functions <br /> relating to the financial statements, schedule of expenditures of federal and State awards, and <br /> related notes and for accepting full responsibility for such decisions. You will be required to <br /> acknowledge in the management representation letter our assistance with the preparation of the <br /> financial statements and schedule of expenditures of federal and State awards and that you have <br /> reviewed and approved the financial statements, schedule of expenditures of federal and State <br /> awards, and related notes prior to their issuance and have accepted responsibility for them. <br />
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