HomeMy WebLinkAbout8.5 Ad-Hoc Audit Review Committee
STAFF REPORT CITY CLERK
File #310-60
CITY COUNCIL
DATE:August 20, 2013
TO:
Honorable Mayor and City Councilmembers
FROM:
Joni Pattillo, City Manager
SUBJECT:
Confirmation of City Council 2013 Ad-Hoc Audit Review Committee
Prepared by Colleen Tribby, Director of Administrative Services
EXECUTIVE SUMMARY:
The independent auditors from the firm of Maze and Associates have scheduled the field work
necessary to complete the Comprehensive Annual Financial Report (CAFR) for the year ending
June 30, 2013. The City Council will consider appointments to the Ad-Hoc Committee,
comprised of two City Councilmembers, to review the audit process and final report with the
Auditors.
FINANCIAL IMPACT:
The cost of the audit has been included in the Fiscal Year 2013-14 Budget.
RECOMMENDATION:
Staff recommends that the City Council confirm the Mayor’s appointment of Vice Mayor Don
Biddle and Councilmember David Haubert as the 2013 Ad-Hoc Audit Review Committee that
will serve for a limited time.
Submitted By Reviewed By
Administrative Services Director Assistant City Manager
DESCRIPTION:
The independent auditors from the firm of Maze and Associates are scheduled to begin the field
work for the City Audit the week of October 10, 2013. The Auditing Standards Board (ASB)
establishes required protocols to be followed by independent Auditors. This governing body
issues their directives in documents referenced as the Statement on Accounting Standards
(SAS), which are applicable to both private and governmental entities.
These standards require that the Auditors communicate directly with those charged with
governance. At a future City Council Meeting, after the Ad-Hoc Audit Review Committee has
ITEM NO. 8.5
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had an opportunity to review and discuss the report with the Auditors, Staff will prepare an
agenda item for action by the entire City Council.
In 2012 the Ad-Hoc Audit Review Committee was comprised of Mayor Tim Sbranti and Vice
Mayor Don Biddle. Mayor Sbranti has recommended the appointment of Vice Mayor Don
Biddle and Councilmember David Haubert to serve as the 2013 Ad-Hoc Audit Review
Committee.
NOTICING REQUIREMENTS/PUBLIC OUTREACH:
A copy of the Staff Report has been provided to Katherine Yuen, Partner, Maze and Associates.
ATTACHMENTS:
None.
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