AG 1996 01 16 - Laserfiche WebLink

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PO'Fl'ER & COMPANY, P.A. December 7, 1995 Certified Public Accountants Page 15 PROPOSED FEE AND COMPLETION SCHEDULE As with all of our audits, our firm's first procedure is to perform a careful examination of the system of internal control and accounting policies. Based on the results of our internal control examination, we carefully design tailored audit programs to ensure an efficient and thorough examination of your accounts, accounting systems, and compliance with state and Federal regulations. To keep the fees as low as possible, we need assistance from the finance officer's staff. This would include availability to pull selected invoices, type confirmations, prepare various audit schedules, and draft the financial statements. These are the procedures the County's staff is currently performing for the audit. We propose to complete the June 30, 1996, audit according to the following general time table based on the completion of various client prepared schedules. Event Timing - 1996 Commence planning and testing of internal controls May/June Field work August or at your convenience Completion and delivery of financial statements No later than October 15 Based on the above and our experience in auditing Cabarrus County, we estimate our costs for the 1996 audit to be $28,500. The fee is based on the following: 1. The audit fee includes all travel and supply costs. 2. We estimate the audit costs for the two following fiscal years as follows: 1997 $30,000 1998 $32,000 This assumes that audit conditions remain relatively constant and that no new major grants are awarded to the County. We hope we have demonstrated through this proposal our interest in providing you with quality accounting services. If you have any questions, please do not hesitate to contact Mrs. Jan Glover at 786-8189 or 800-467-8189. We would be pleased to meet with you to discuss our proposal in greater detail. Proposal To Provide Audit Services