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1 <br /> 1 <br /> ISTAFF' POSITION) _ RESPONSIBILITI <br /> works with the firm's primary and Florida Single Audit <br /> governmental agencies. requirements. <br /> Arben Hankollari Senior Auditor Arben has experience working on <br /> Responsible for completing more audits of governmental entities <br /> 1 complex audit areas. and other non-profits subject to <br /> governmental auditing standards, <br /> Federal Single Audit requirements, <br /> and Florida Single Audit <br /> requirements. <br /> Staff members are assigned to an engagement for the length of the contract period. Therefore, the <br /> originally assigned personnel will remain involved with the City of Sunny Isles Beach annual financial <br /> audit. Should an audit staff terminate employment, HCT will provide a replacement with equal or <br /> greater experience. <br /> With open communication between City Management and HCT's Partner Group, we will identify <br /> and anticipate any significant problems before they occur. <br /> AUDIT APPROACH: <br /> In the course of preliminary evaluation, HCT will ascertain the level of control awareness in the City <br /> and existence (or non-existence) of control standards. The preliminary evaluation will identify <br /> 1 potential key controls and any serious key control weaknesses. For each control objective, auditors <br /> will determine whether or not the objective has been achieved; if not, we will assess the <br /> significance and risks involved with due to control deficiencies. After completing the preliminary <br /> evaluation of the computer systems, HCT will determine the appropriate audit approach. <br /> Below, HCT has documented the proposed audit approach, including a general work plan, level of <br /> staffing, estimated hours per segment, an explanation of audit methodology, and other information <br /> related to the specific audit approach. This is a general work plan and is subject to change based on <br /> the City's schedule and varying audit issues. If awarded the contract, we will coordinate with The <br /> City's management to provide a finalized plan. Any changes to the initial plan resulting from the <br /> audit results will be discussed with the City Management immediately, with written notice one <br /> week prior to scheduled activities. <br /> For efficiency, HCT will perform internal control evaluations, including gaining an understanding of <br /> the City's control procedures and documentation of that understanding through flowcharts, <br /> narratives, questionnaires and summary schedules. Depending on the results of our internal <br /> control analysis and our assessment of the City's control risks, we will perform dual purpose tests of <br /> controls and detailed balances and perform corroborating analytics and predictive procedures. <br /> • Preliminary Planning (Estimated at 40 hours) <br /> • Tests of Controls/Information Systems (Estimated at 50 hours) <br /> • Substantive Testwork(Estimated at 240 hours) <br /> 8 <br />