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City Commission
<br />City of Sunny Isles Beach, FL
<br />January 25, 2021
<br />Page 6
<br />supplementary information that includes our report thereon OR make the audited financial statements
<br />readily available to users of the supplementary information no later than the date the supplementary
<br />information is issued with our report thereon. Your responsibilities include acknowledging to us in the
<br />written representation letter that (1) you are responsible for presentation of the supplementary information
<br />in accordance with GAAP, (2) you believe the supplementary information, including its form and content,
<br />is fairly presented in accordance with GAAP, (3) the methods of measurement or presentation have not
<br />changed from those used in the prior period (or, if they have changed, the reasons for Such Changes); and
<br />(4) you have disclosed to as any significant assumptions or interpretations underlying the measurement or
<br />presentation of the supplementary information.
<br />Management is responsible for establishing and maintaining a process for tracking the status of audit
<br />findings and recommendations. Management is also responsible for identifying and providing report copies
<br />of previom, financial audits, attestation engagements, performance audits, or other studies related to the
<br />objectives discussed in the Audit Objectives section of this letter. This responsibility includes relaying to
<br />us corrective actions taken to address significant findings and recommendations resulting from those audits,
<br />attestation engagements, performance audits, or studies. You are also respowsible for providing manage-
<br />tnent's views on our current findings, conclusions, and recommendations, as well as your planned corrective
<br />actions, for the report, and for the timing and format for providing that information.
<br />You agree to assume all management responsibilities relating to the financial statements, schedule of
<br />expenditures or federal awards, and related notes, and any other nonaudit services we provide. You will be
<br />required to acknowledge in the management representation letter our assistance with preparation of the
<br />financial statements, schedule of expenditures of federal awards, and related notes and that you have
<br />reviewed and approved the financial statements, schedule of expenditures of federal awards, and related
<br />notes prior to their issuance and have accepted responsibility for them. Further, You agree to oversee the
<br />nonaudit services by designating an individual, preferably from senior management, with suitable skill,
<br />knowledge, or experience; evaluate the adequacy and results of those services; and accept responsibility for
<br />them.
<br />Engagement Administration, Fees, and Other
<br />We understand that your employees will prepare all cash, accounts receivable, or other confirmations we
<br />request and will locate any documents selected by us for testing.
<br />We will provide copies of our reports to the City; however, management is responsible for distribution of
<br />the reports and the financial statements. Unless restiieted by law or regulation, or containing privileged
<br />and confidential information, copies of our reports are to be made available for public inspection.
<br />The audit documentation for this engagement is the property of MSL, P.A. (NISI-) and constitutes
<br />confidential information. However, subject to applicable laws and regulations, audit documentation and
<br />appropriate individuals will be made available upon request and in a timely manner to the City or its
<br />designee, a federal agency providing direct or indirect funding, or the U.S. Government Accountability
<br />Office for purposes of a quality review of the audit, to resolve audit findings, or to Carry out oversight
<br />responsibilities. We will notify you of any such request. If requested, access to such audit documentation
<br />will be provided under the supervision of MSL personnel. Furthermore, upon request, we may provide
<br />copies of selected audit documentation to the aforementioned parties. These parties may intend, or decide,
<br />to distribute the copies or information contained therein to others, including other governinentat agencies,
<br />The audit documentation for this engagernent will. be retained for a minimum of seven (7) years after the
<br />report release date or for any additional period requested by a federal or state agency. If we are aware that
<br />a federal or state awarding agency, pass-through entity, or auditee is contesting an audit finding we will.
<br />C"
<br />contact the party(ies) contesting the audit finding for guidance prior to destroying the audit documentation,
<br />Joel Knopp is the engagement partner and is responsible for supervising the engagement and siding the
<br />reports.
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