AG 1994 02 21 - Laserfiche WebLink

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POTFER & COMPANY, I'.A. Certified Public Accountants SCOPE OF AUDIT PROCEDURES November 14, 1992 Page 15 As with allofour audits, our firm's first procedure is to perform acareful examination of the system of internal control and accounting policies. Based on the results of our internal control examination, wc carefully design tailored audit programs to insure an efficient and thorough cxanfination of your accounts, accounting systems, and compliance with state and Federal regulations. To keep the fees as low as possible we need assistance from thc 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 same procedures thc County's staff is currently preparing for thc audit. We propose to complete thc June 30, 1993, audit according to the following general time table based on the completion of various client prepared schedules. Event Timin~ - 1993 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 thc above and our experience in auditing Cabarrus County, wc c:qtimatc our costs for the 1993 audit to bc $26,000. This fcc is based on the following: 1. The audit tee includes all travel and supply costs. 2. Wc estimate thc audit costs for thc two following fiscal years as follows: 1994 $27,500 1995 $28,500 This assumes that audit conditions remain relatively constant and that no new major grants are awarded to thc County. We hope wc have demonstrated through this proposal our interest in providing you with quality accounting services. If you have any questions, please do not hesitate tt~ contact Mr. Bucky Glovcr at 786-8189. Wc would bc pleased to mcct with you to discuss our proposal in greater detail. I roposal 'Fo I mvide Audit Services