HomeMy WebLinkAbout021323 State Auditor Exit Conference- Added After MeetingAmy Strzalka, CPA
Program Manager
Tammy Lane
Audit Lead
February 13, 2
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Results that Matter
Accountability Audit Results
January 1, 2020 through December 31, 2021
Results in Brief
This report describes the overall results and conclusions
for the areas we examined.
In those selected areas, City operations complied, in all
material respects, with applicable state laws, regulations,
and its own policies, and provided adequate controls over
the safeguarding of public resources.
In keeping with general auditing practices, we do not
examine every transaction, activity, policy, internal control,
or area. As a result, no information is provided on the
areas that were not examined.
Accountability Audit Results
Using a risk-based audit approach, for the City, we
examined the following areas during the period:
• Accounts receivable — utility billing, adjustments and
collections
• Accounts payable — general disbursements and credit
cards
• Payroll — gross wages, overtime, bereavement leave, leave
cash outs, bonus and incentive payments and final pay to
departing employees
• Self-insurance for unemployment
• Open public meetings — compliance with minutes,
meetings and executive session requirements
• Financial condition — reviewing for indications of financial
distress
Financial Audit Results
January 1, 2020 through December 31, 2021
• Opinion issued in accordance with
Regulatory Basis of Accounting (BARS
Manual
• Adverse Opinion on U.S. GAAP also
issued
• Audit conducted in accordance with
Government Auditing Standards
• We reported no significant deficiencies
in internal control
• We identified no deficiencies that we
consider to be material weaknesses.
• We noted no instances of
noncompliance that were material to the
financial statements of the City
Financial Audit Results
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Required
Communications
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• We didn't identify any material
misstatements during the audit.
• Uncorrected misstatements have been
provided for review.
Financial Audit Results
The audit addressed the following risks, which required
special consideration:
Thank You!
We would like to thank City staff, especially Finance Manager Ron Logghe and Public
Experience Liaison Naomi Stern, for their cooperation and timely response to audit
requests throughout the audit process.
Closing Remarks
0 Audit costs are in alignment with our original estimate
Next audit: Summer 2024
• Accountability for public resources (FY2022 & 2023)
• Financial statement (FY2022 & 2023)
• Federal programs (FY2023)
An estimated cost for the next audit has been provided
in our exit packet
Report Publication
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