Agenda - 05-16-2006-5i - Laserfiche WebLink

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COMMUNICATIONS At the conclusion of the engagement, we will provide management, in a mutually agreeable format, 8 our recommendations designed to help the County make improvements in its internal control structure and operations, and other matters that may come to our attention (see "Responsibilities as to Internal Controls" above). As part of this engagement we will ensure that certain additional matters are communicated to the appropriate members of management and the Board of County Commissioners. Such matters include (1) our responsibility Lander auditing standards generally accepted in the United States of America; (2) the initial selection of and changes in significant accounting policies and their application; (3) our independence with respect to the County; (4) the process used by management in formulating particularly sensitive accounting estimates and the basis for our conclusion regarding the reasonableness of those estimates; (5) audit adjustments that could, in our judgment, either individually or in the aggregate be significant to the financial statements or our report; (6) any disagreements with management conceming a financial accounting, reporting or auditing matterthat could be significant to the financial statements; (7) our views about matters that were the subject of management's consultation with other accountants about auditing and accounting matters; (8) major issues that were discussed with management in connection with the retention of our services, including, among other matters, any discussions regarding the application of accounting principles and auditing standards; and (9) serious difficulties that we encountered in dealing with management related to the pertormance of the audit. GovemmentAuditing Standards require that we provide you with a copy of our most recent quality control review report. Our most recent peer review report accompanies this letter, ACCESS TO WORKING PAPERS The working papers for the engagement are the property of Cherry, Bekaert & Holland, L.L.P. and constittate confidential information. Except as discussed below, any requests for access to our working papers will be discussed with you prior to making them available to requesting parties. The workpapers for this engagement will be retained for a minimum of three years afterthe date the auditors' report is issued or for any additional period requested by the County. Ifwe are aware that a federal or State awarding agency, pass-through entity, or auditee is contesting an audit finding, we will contact the party(ies) contesting the audit finding for guidance prior to destroying the workpapers. Our Firm, as well as all other major accotnting firms, participates in a "peer review" program, covering our audit and accounting practices, This program requires that once every three years we subject our quality assurance practices to an examination by another accounting firm. As part of the process, the other firm will review a sample of our work. It is possible that the work we pertorm for you may be selected by the other firm for their review, If it is, they are bound by professional standards to keep all information confidential. If you object to having the work we do for you reviewed by our peer reviewer, please notify us in writing.. USE OF THIRD PARTY SERVICE PROVIDERS The firm may from time to time, and depending on the circumstances, use third-party service providers in serving your account. We may share confidential information about you with these service providers, but remain committed to maintaining the confidentiality and security of our information,.