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9 <br /> LGC-205 CONTRACT TO AUDIT ACCOUNTS Rev. 11/2020 <br /> FEES FOR AUDIT SERVICES <br /> 1. For all non-attest services, the Auditor shall adhere to the independence rules of the AICPA Professional <br /> Code of Conduct (as applicable) and Governmental Auditing Standards,2018 Revision. Refer to Item 27 of <br /> this contract for specific requirements. The following information must be provided by the Auditor; contracts <br /> presented to the LGC without this information will be not be approved. <br /> Financial statements were prepared by: ❑Auditor ❑Governmental Unit ❑Third Party <br /> If applicable: Individual at Governmental Unit designated to have the suitable skills, knowledge, and/or <br /> experience (SKE) necessary to oversee the non-attest services and accept responsibility for the <br /> results of these services: <br /> Name: Title and Unit/Company: Email Address: <br /> OR Not Applicable ❑ (Identification of SKE Individual not applicable for GAAS-only audit or audits with FYEs prior to June 30, 2020.) <br /> 2. Fees may not be included in this contract for work performed on Annual Financial Information Reports <br /> (AFIRs), Form 990s, or other services not associated with audit fees and costs. Such fees may be included <br /> in the engagement letter but may not be included in this contract or in any invoices requiring approval of the <br /> LGC. See Items 8 and 13 for details on other allowable and excluded fees. <br /> 3. Prior to submission of the completed audited financial report, applicable compliance reports and amended <br /> contract (if required) the Auditor may submit invoices for approval for services rendered, not to exceed 75% <br /> of the billings for the last annual audit of the unit submitted to the Secretary of the LGC. Should the 75% cap <br /> provided below conflict with the cap calculated by LGC Staff based on the billings on file with the LGC, the <br /> LGC calculation prevails. All invoices for services rendered in an audit engagement as defined in 20 <br /> NCAC .0503 shall be submitted to the Commission for approval before any payment is made. Payment <br /> before approval is a violation of law. (This paragraph not applicable to contracts and invoices associated <br /> with audits of hospitals). <br /> PRIMARY GOVERNMENT FEES <br /> Primary Government Unit <br /> Audit Fee $ <br /> Additional Fees Not Included in Audit Fee: <br /> Fee per Major Program $ <br /> Writing Financial Statements $ <br /> All Other Non-Attest Services $ <br /> 75% Cap for Interim Invoice Approval $ <br /> (not applicable to hospital contracts) <br /> DPCU FEES (if applicable) <br /> Discretely Presented Component Unit <br /> Audit Fee $ <br /> Additional Fees Not Included in Audit Fee: <br /> Fee per Major Program $ <br /> Writing Financial Statements $ <br /> All Other Non-Attest Services $ <br /> 75%Cap for Interim Invoice Approval $ <br /> (not applicable to hospital contracts) <br /> Page 7 <br />