Agenda - 06-05-2001-9b - Laserfiche WebLink

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5 If, for any reason, we are unable to complete the audit, or are unable to farm or have not formed an opinion on the general purpose financial statements, we may decline to express an opinion or decline to issue a report as a result of the engagement. RESPONSIBILITIES AS TO INTERNAL CONTROLS As a part of our audit, we will consider Orange County's internal control structure, as required by generally accepted auditing standards and Governmental Auditing Standards,. sufficient to plan the audit and to determine the nature, timing, and extent of auditing procedures necessary for expressing our opinion concerning the general purpose financial statements. You recognize that the general purpose financial statements and the establishment and maintenance of an effective internal control over financial reporting aze the responsibility of management. You also recognize that management is responsible for identifying and ensuring that the entity complies with the laws and regulations applicable to its activities. Appropriate supervisory review procedures aze necessary to provide reasonable assurance that adopted policies and prescribed procedures are adhered to and to identify errors, fraud, or illegal acts. An audit is not designed to provide assurance on internal control. As part of our consideration of Orange County's internal control structure, however, we will inform you ofnon-reportable conditions and other matters that come to our attention that represent significant deficiencies in the design or operation of the internal control structure, if any, as required by OMB Circulaz A-133. As required by OMB Circulaz A-133, we will perform tests of controls to evaluate the effectiveness of the design and operation of controls that we consider relevant to preventing or detecting material noncompliance with compliance requirements, applicable to each major federal award program. However, our tests will be less in scope than would be necessary to render an opinion on those controls and, accordingly, no opinion will be expressed in our report on internal control issued pursuant to OMB Circulaz A-133. We aze prepared at your request to perform a more in-depth assessment of Orange County's internal control structure and report our t'indings and recommendations; or to conduct an examination engagement on the effectiveness of your internal control structure. We would be pleased to discuss fees for these services, which depend on their scope. RESPONSIBILITIES AS TO COMPLIANCE Our.audit will be conducted in accordance with the standazds referred to in the section Summary of Services. As part of obtaining reasonable assurance about whether the general purpose financial statements .are free of material misstatement, we will perform tests of Orange County's compliance with applicable laws and regulations and the provisions of contracts and agreements, including grant agreements. However, the objective of those procedures will not be ~to provide an opinion on overall compliance and we will not express such an opinion in our report on compliance issued pursuant to Government Auditing Standards.