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I AT'l'ACHMENT A Page 5 of 8 Single Audit under the new Single Audit Act. of 1984 and OMS Circular A-128 and reports for the period July 1, 1987, through June 30, 1988 (See S above) 11,400 $33,000 Please recall that the Single P Audit fees are allocable to most federal and state grant programs, and thus are recoverable. In connection with the 1987 audit, the County Finance Office prepared (Statement 2 in the comprehensive financial report). Rather than increase the level .of oUr services and fees, it is agreed that the County Finance Office will again prepare this schedule for inclusion in the financial statements, We will report promptly to you in writing any circumstances that will increase these fees along with a description of the addi- tional work required and the additional fees and expense. Any audits of funds or accounts not described above or special exami- nations that extend our procedures to resolve any irregularities Or other special situations will be described in a separate engagement letter so as to aSSUre agreement as to the work to be performed and the fees for such work. Any management, advisory, or consulting services will be described in a separate engagement letter so as to assure agreement of the services to be provided and the fees for such services. We understand that all invoices for audit services will be sub- mi ttect to the North Carolina Local Government Commission for approval before payment, Interim invoices for fees for services provided prior to the release of oUr report or examination, internal control, and management advice will not exceed 75% of the total fees discussed above. SCHEDULING OF OUR WORK We propose to perform the engagement on a prompt and timely basis so as to issue our report no later than October 31, 1988 unless prohibiting circumstances arise which are beyond our control, We plan to perform preliminary phases of the work prior to year end and to begin the final examination work on August I, 1988. to .