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MSLMOORE STEPHENS LOVELACE CPAs a ADwsores Substantive Testing(cont.) Pensions and Other Post-Employment Benefits • Evaluate the plan administrator of the plans and • As much as possible, incorporate our evaluation of from that evaluation determine what controls we plan controls as part of our payroll control will evaluate at the administrator level • evaluation of the City. Review the process for contributions,eligibility, and other areas at the employer level to ensure the plans are being properly administered at the employer level. Risk Management • Document and evaluate controls over the City's • Ensure proper disclosures related to the City's risk management processes. risk management activities. • Review insurance coverage in place to ensure it is active and applicable for the City's risk. Net Position and Fund Balance • Ascertain that all classifications of net position • Ascertain that components of net positions and and fund balance are recorded and properly fund balance, including changes in the net authorized in accordance with GASB 54 and 63. positions are properly computed and are • Ascertain that components of net position and described, classified, and appropriately fund balance are determined in accordance with disclosed. applicable regulations and requirements. Revenues • Perform analytical procedures related to charges for services. • Determine that impact fees are properly • Design and perform a revenue test to determine restricted and accounted for. • Perform testing of various tax and inter- that proper rates are charged. • Compare revenue data for the current period governmental revenues. and historically to customer demographics. Expenditures and Expenses • Perform analytical procedures related to • Determine that expenses are properly classified expenses. for budgetary purposes. • Through testing and observation, determine that expenses are appropriate and properly classified. 1 281