HomeMy WebLinkAboutCaballero Fierman Llerena GarciaCITY OF
SUNNY ISLES BEACH
Appropriate Planning and Utilization of Staff
We understand the significance and necessity of proper
planning as it relates to performance of a successful and
timely audit. An important aspect of proper planning is our
Engagement Partner's advance coordination and specific
instruction with the Finance Department, allowing an
efficient utilization of staff regarding both preparation of
supporting schedules and reconciliations, in addition to
essential document/record gathering.
·Engagement Timeline
CFLG has a clear understanding of the reporting
requirements outlined in the request for proposal. In this
regard, CFLG has developed a schedule that takes into
consideration the City's reporting requirements and
deadlines.
In order to achieve these goals, we start early in the
engagement and complete as much of the planning and
internal control testing as possible. This allows us to focus
on the financial transactions after the City has closed its
books. We integrate all of our procedures in order to ensure
that we can deliver our reports in suff icient enough time to
meet City deadlines. Our Partner's are involved throughout
the entire process to ensure that any matters that arise are
dealt with quickly. This is an essential process followed by
CFLG to prevent surprises that could stall the engagement.
CFLG is also committed to providing staff that are
knowledgeable in governmental and governmental pension
plan activities. This significantly reduces the time spent by
your staff explaining the basic elements of how governmental
agencies work and operate. This is considered a key factor
in our success in assisting our clients in meeting deadlines
established by the State, County, or City Commisson.
We have had great success in following this approach with
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CABALLERO FIE RMAN
LLERENA + GARCIA LLP
accountants I advisors
other governmental agencies and we are confident that our
prior experience in its application will lead to a successful
delivery of the audit. A large part of this success will be tied
to City's ability to deliver the requested information timely.
We understand that as in all large agencies, City staff is busy
dealing with day to day operations. We will make sure to
provide requests for information with sufficient enough lead
time to not be disruptive to City staff. We will work with
City staff to encourage open communication in order to
mitigate delays and/or misunderstandings. We do not
anticipate that anything more than what has been presented
in the Request for Proposal will be required of City however
if there is such a need, we will communicate that in writing
to City management.
We have the ability to begin work with minimal notice
due to our resources, organization, planning, and extensive
experience performing audits of multiplicities of similar
size and scope.
I I
Proposal for Professional Independent Auditing
Caballero Fierman Llerena & Garcia, LLP
page 26