Laserfiche WebLink
<br />. , <br /> <br /> <br />iC,\[[?~ GJhen <br />i:UI! I; D1LLO 1.,..,..", <br />L [,Jf'! L~ 1( tt.4:,,; <br />Accountants c, Advisors <br /> <br />RECEIVED <br /> <br />\.. <br /> <br />DEe 1 3 2004 <br /> <br />City 0' Sunny Isl88 Seach <br />Office 0' the City Manager <br /> <br />March 15,2004 <br /> <br />Mr. Christopher Russo, City Manager <br />City of Sunny Isles Beach <br />17070 Collins Avenue, Suite 250 <br />Sunny Isles Beach, FL 33166 <br /> <br />Dear Mr. Russo: <br /> <br />As part of our continuing engagement with the City of Sunny Isles Beach, Florida (the City), we are <br />pleased to confirm our understanding of the services we are to provide to the City for the fiscal year <br />ended September 30, 2004, 2005 and 2006. We will audit the basic financial statements of the City as of <br />and for the fiscal year ending September 30, 2004, 2005 and 2006. The document we submit to you will <br />include the following additional information that will be subjected to the auditing procedures applied in <br />our audit of the basic financial statements. <br /> <br />1. Management's Discussion and Analysis <br />2. Combining and individual fund statements and schedules <br />3. Required Supplementary Information. <br />4. Schedule of expenditures of federal awards and state financial assistance. <br /> <br />Audit Objectives <br /> <br />The objective of our audit is the expression of an opinion as to whether your basic financial statements are <br />fairly presented, in all material respects, in conformity with accounting principles generally accepted in <br />the United States and to report on the fairness of the additional information referred to in the first <br />paragraph when considered in relation to the financial statements taken as a whole. The objective also <br />includes reporting on- <br /> <br />· Internal control related to the financial statements and compliance with laws, regulations, and the <br />provisions of contracts or grant agreements, noncompliance with which could have a material effect <br />on the financial statements in accordance with Government Auditing Standards. <br />· Internal control related to major programs and an opinion (or disclaimer of opinion) on compliance <br />with laws, regulations, and the provisions of contracts or grant agreements that could have a direct <br />and material effect on each major program in accordance with the Single Audit Act Amendments of <br />1996 and OMB Circular A-B3, Audits of States, Local Governments, and Non-Profit <br />Organizations and the Florida Single Audit Act and Chapter 10.550, Rules of the Auditor General <br />of the State of Florida. <br /> <br />The reports on internal control and compliance will each include a statement that the report is intended for <br />the information and use of the City Commission, management, specific legislative or regulatory bodies, <br />federal and state awarding agencies, and if applicable, pass-through entities and is not intended to be and <br />should not be used by anyone other than these specified parties. <br /> <br />Our audit will be conducted in accordance with auditing standards generally accepted in the United <br />States; the standards for financial audits contained in Government Auditing Standards, issued by the <br />Comptroller General of the United States; the Single Audit Act Amendments of 1996; and the provisions <br /> <br />Rachlin Cohen & Holtz UP <br />One Southeast Third Avenue . Tenth Floor . Miami, Florida 33131 . Phone 305.377.4228 . Fax 305.377.8331 . www.rachlin.com <br />An Independent Member of Baker Tilly International <br /> <br />S I E <br /> <br />MIAMI · FORT LAUDERDALE. WEST PALM BEACH. STUART <br />