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<br />or more official statements in connection with the sale of debt securities, which <br />will contain the basic financial statements and the Auditor's report theron. The <br />Auditor shall be required, if requested by the fiscal advisor and/or the <br />underwriter, to issue a "consent and citation of expertise" as the Auditor. <br /> <br />4. The City will periodically require an EDP audit of Information Systems. <br /> <br />5. Review of the financial report of the City filed with the Department of Banking <br />and Finance, State of Florida, pursuant to Section 218.32, Florida Statutes, to <br />verify that it is in agreement with the respective financial statements. <br /> <br />6. With the change in the Auditor General requirement, the Auditor will also assist <br />in the Financial Condition Assessment. <br /> <br />7. The Auditor will assist the City in complying with changes in any reporting <br />requirement to remain in conformity with generally accepted accounting <br />principles. <br /> <br />G. Working Paper Retention and Access to Working Papers <br />All working papers and reports must be retained, at the Auditor's expense, in <br />accordance with requirements and procedures set forth by the General Records <br />Schedule for Local Government Agencies as promulgated by the Division of <br />Archives and Records Management (a division of the Florida Department of State). <br />The auditor will be required to make working papers available, upon request, to the <br />following parties or their designees: <br /> <br />1. City of Sunny Isles Beach <br /> <br />2. U.S. General Accounting Office (GAO) <br /> <br />3. Cognizant Agency <br /> <br />4. Parties designated by the federal or state governments or by the City of Sunny <br />Isles Beach as part of an audit quality review process <br /> <br />5. Auditors of entities of which the City of Sunny Isles Beach is a subrecipient <br />of grant funds <br /> <br />In addition, the firm shall respond to the reasonable inquiries of successor auditors <br />and allow successor auditors to review working papers relating to matters of <br />continuing accounting significance. As requests for copies of working papers are <br />fulfilled, the auditors will be required to notify the Director of Finance of the request, <br />as appropriate. <br />