Alberni Caballero & Fierman, LLP

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I I City of Sunny Isles Beach i I I I - I = I 1 11111111III II 1111111111111111111111111111111111111111111111111111111111111111111111111111111111III li 1111111111 1 Based on the requirements presented in the Request for Pro- success in assisting our clients in meeting deadlines posal the engagement timeline is presented below: established by the State,County,Council,or Commission. IWe have had great success in following this approach with other governmental agencies and we are confident that our prior expe- rience in its application will lead to a successful I delivery of the audit. A large part of this success will be tied to ENGAGEMENT TIMELINE City's ability to deliver the requested information timely. We un- Proposed timeline for completing the Audit derstand that as in all large agencies, City staff is busy dealing with day to day operations. We will make sure to Strategic Planning By August 30, 2016 provide requests for information with sufficient enough lead time to Detailed Audit Plan By August 30,2016 not be disruptive to City staff. We will work with City staff to en- I Execution of the Audit Plan Nov 2016-Dec 2016 Courage open communication in order to mitigate delays and/or misunderstandings. We do not Draft Auditors Report By January IS.2017 anticipate that anything more than what has been presented and Management Letter in the Request for Proposal will be required of City however if there I Financial Report By February 28, 2017 is such a need,we will communicate that in writing to City manage- ment. 8. IDENTIFICATION OF POTENTIAL AUDIT I Note:This is a proposed timeline based on the requirements set PROBLEMS forth in the Request for Proposal and can be adjusted as needed We are proud of our recognition as a technical resource to better accommodate the City's needs if the City chooses to for accounting and auditing standards. We keep abreast of I do so. emerging technical issues with our clients and communicate accordingly. We do not anticipate any potential audit AC&F has a clear understanding of the reporting requirements problems. Our audit team understands the issues relevant outlined in the request for proposal. In this regard,AC&F has to the City of of Sunny Isles Beach. The combination of our Firm's I developed a schedule that takes into consideration the City's reporting requirements and deadlines. resources, level of partner involvement and experienced team members provides an excellent audit team of In order to achieve these goals, we start early in the professionals capable of servicing your needs. engagement and complete as much of the planning and Regular communication will be ongoing with the City's I intemal control testing as possible. This allows us to focus on the personnel. allowing for timely knowledge of matters as they arise. financial transactions after City has closed its books. We integrate When we learn of matters the City may not be aware all of our procedures in order to ensure that we can deliver our of,we will be active in conveying relevant information. I reports in sufficient enough time to meet City deadlines. Our Partners are involved throughout the We understand the audit and accounting requirements entire process to ensure that any matters that arise are dealt affecting your audit. As with other issues that may arise, we will with quickly. This is an essential process followed by AC&F to work with management throughout the year to achieve appropriate I prevent surprises that could stall the engagement. resolution. AC&F is also committed to providing staff that are knowledgeable in governmental and governmental pension plan 9. DOLLAR COST PROPOSAL I activities. This significantly reduces the time spent by your staff See separate sealed emvelope for fees. explaining the basic elements of how governmental agencies work and operate. This is considered a key factor in our I III II 111111111111111111 1111111111111111111111111111 IIIlllllllll11111111111111111111I1111111111111111111111111111 Proposal for Professional Auditing Services Alberni Caballero 8 Fierman,LLP page 28 I