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25H - FINANCIAL AUDIT
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01/16/2007
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25H - FINANCIAL AUDIT
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Last modified
1/3/2012 4:42:17 PM
Creation date
1/10/2007 11:25:03 AM
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City Clerk
Doc Type
Agenda Packet
Item #
25H
Date
1/16/2007
Destruction Year
2012
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<br />REQUEST FOR <br />COUNCIL ACTION <br /> <br /> <br />CITY COUNCIL MEETING DATE: <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />JANUARY 16, 2007 <br /> <br />TITLE: <br />AMEND AGREEMENT WITH MORELAND <br />& ASSOCIATES, INC., FOR <br />ADDITIONAL COMPREHENSIVE <br />FINANCIAL AUDIT SERVICES <br /> <br />APPROVED <br /> <br />o As Recommended <br />o As Amended <br />o Ordinance on 1" Reading <br />o Ordinance on 2"d Reading <br />o Implementing Resolution <br />o Set Public Hearing For <br /> <br />C0- <br /> <br />f)~tk;2, <br /> <br />ITYMANAGER <br /> <br />CONTINUED TO <br /> <br />FILE NUMBER <br /> <br />RECOMMENDED ACTION <br /> <br />Direct the City Attorney to prepare and authorize the City Manager and the <br />Clerk of the Council to execute an amendment to the agreement with Moreland <br />& Associates, Inc., for additional comprehensive financial audit services <br />increasing the total aggregate amount by $26,000. <br /> <br />DISCUSSION <br /> <br />The City of Santa Ana retained the services of Moreland & Associates, Inc" <br />a certified public accounting firm, to conduct the annual audit of the <br />City'S financial statements. In addition to the annual auditing services, <br />the firm was directed to perform other related services such as the study <br />of internal controls at the staff's direction. <br /> <br />As a result of the specification development relating to the implementation <br />of a new integrated financial software, staff would like to expand the <br />current scope of work to include the evaluation of additional business <br />processes. Staff is anticipating using this comprehensive study of the <br />city's internal controls and processes to complement the new financial <br />software with the implementation of modern business practices and <br />reporting. It is estimated that the additional work will total up to <br />$26,000. <br /> <br />FISCAL IMPACT <br /> <br />Funds are available in <br />Personal Services account <br /> <br />Finance & Management <br />(account 11-171-6191). <br /> <br />Services <br /> <br />Accounting <br /> <br />Other <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br />'l:~~>I:.-v ~ <br /> <br />Francisco Gutierrez <br />Executive Director <br />Finance and Management Services Agency <br /> <br />FG/PA-K/A.Agr 01-16-2007.2:uc <br /> <br />25H-1 <br />
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