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Our fixed annual fees contemplate that conditions satisfactory to the normal progress and completion <br />of the examination will be encountered and that City accounting personnel will furnish the <br />agreed -upon assistance in connection with the audit. However, if unusual circumstances are <br />encountered which make it necessary for us to do additional work, we shall report such conditions to <br />the responsible City officials and provide the City with an estimate of the additional accounting fees <br />involved. <br />Noted below is a listing of work required by City staff to assist in the audit. <br />1. Technical assistance in familiarizing our staff with; <br />• The flow of information through the various departments and accounting systems. <br />• Reports generated by your accounting system. <br />• The system of internal controls. <br />• Controls established to monitor compliance with federal grants. <br />2. Preparation of trial balances for all funds, after posting of all year end journal entries. <br />3. Preparation of schedules supporting all major balance sheet accounts, and selected revenue and <br />expenditure accounts, <br />4. Typing of all confirmation requests. <br />5. Pulling and refiling of all supporting documents required for audit verification. <br />6. Preparation of the CAFR and footnotes, including the introductory section, management's <br />discussion and analysis and the statistical section for the CAFR. <br />32 <br />25E-70 <br />