Browse
Search
2006 S Finance - Audit Contract for the June 30, 2006 Fiscal Year
OrangeCountyNC
>
Board of County Commissioners
>
Contracts and Agreements
>
General Contracts and Agreements
>
2000's
>
2006
>
2006 S Finance - Audit Contract for the June 30, 2006 Fiscal Year
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/4/2011 9:16:13 AM
Creation date
8/26/2010 2:26:10 PM
Metadata
Fields
Template:
BOCC
Date
5/16/2006
Meeting Type
Regular Meeting
Document Type
Contract
Agenda Item
5i
Document Relationships
Agenda - 05-16-2006-5i
(Linked To)
Path:
\Board of County Commissioners\BOCC Agendas\2000's\2006\Agenda - 05-16-2006
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
24
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Recommendation -The firm should remind all professionals of the matters to be considered <br />when documenting procedures performed in the above areas. The firm should consider <br />conducting a training session to highlight the documentation matters noted during the review. <br />Finally the firm should monitor the adequacy of audit documentation through increased emphasis <br />by the reviewers of audit engagements in the above areas. <br />Finding -The firm's quality control policies and procedures require that representation letters <br />refer to uncorrected adjustments and that a schedule of such adjustments be attached to the <br />representation letters. We found several instances in which the representation letter did not <br />address uncorrected adjustments or the schedule attached contained incorrect amounts. These <br />instances did not result in any financial statement misstatements. <br />Recwr:mendatio~t - We recommend that the firm re-emphasize its policies and procedures <br />concerning reference to uncorrected adjustments and hold a training session to review such <br />procedures. In addition, alI reviewers should more closely monitor representation letters and the <br />schedules attached to such letters for uncorrected adjustments. <br />G am.-..~,~, L L ~ <br />
The URL can be used to link to this page
Your browser does not support the video tag.