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<br />A'l'TACH/.IENT A <br /> <br />April 12, 1988 <br /> <br />Cabarrus County <br />Post Office Box 707 <br />Concord, North Carolina <br /> <br />28025 <br /> <br />Attention: <br /> <br />Commissioners, County Manager and Finance Director <br /> <br />The purpose of this letter is to set forth our understanding of <br />the arrangements for the services we are to perform for Cabarrus <br />County for the year ending June 30, 1988, and to obtain confirma- <br />tion of your understanding of these arrangements. <br /> <br />Management has the primary responsibility for safeguarding <br />assets, for properly recording transactions in the records, and <br />for the fair presentation of information in the financial state- <br />ments. The basic audit function is to add reliability to <br />management's financial statements. <br /> <br />NATURE AND SCOPE OF EXAMINATION <br /> <br />We will examine the primary financial statements for the funds <br />listed below as of June 30, 1988, and for the year then ended and <br />issue our report thereon: . <br /> <br />General Fund <br />Special Revenue Fund (Revaluation Fund) <br />Capital Projects Fund <br />Agency Funds <br />Enterprise Funds (Utility and District <br />General Fixed Assets Account Group <br />General Long-Term Debt Account Group <br />Trust Fund (Pension Fund) <br /> <br />Additional financial data will be included with the primary <br />financial statements for financial analysis purposes, Such <br />addi tiolial financial data will be subjected to the procedures <br />applied in the examination of the primary financial statements. <br /> <br />Water and Sewer Funds) <br /> <br />Our examination will be conducted in accordance with generally <br />accepted auditing standards, It will also take into considera- <br />tion the Statutes of North Carolina; regulations promulgated by <br />the North Carolina Local Government Co~rlssion; the publication <br /> <br />~ <br />