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07-27-1992 Council Packet
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07-27-1992 Council Packet
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ww <br />'m: <br />' -i':'vrvMft . <br />% <br />:v.'’^- <br />2-‘- <br />City Cotmcil and Residents <br />June 1, 1992 <br />Page 2 <br />Dnig-FVee Workpince Act <br />One of the general requirements for recipients of grants from the Federal Government is <br />compliance with the Drug-Free Workplace Act. Under this Act, the City is required to publish <br />a pt^icy statement following cotain guidelines as discussed in our prior year management letter. <br />We want you to be aware that should die City receive future federal grant foods, compliance with <br />the requirements of this Act must be met. <br />Reqtdred Communications <br />Statemrat on Auditing Standards Number 61, "Communication with Audit Committees," requires <br />the auditor to ensure that certain matters related to the conduct of an audit are communicated to <br />those who have responsibility for oversight of the financial rqicrting process. This letter <br />constitutes our communication of such matters. <br />1. The Auditor's Responsibility Under Generally Accqited Auditing Standards <br />Generally accepted auditing standards require auditors to plan and perform audits to <br />obtain reasonable, but not absolute, assurance about whether the financial statements are <br />free of material misstatement. An audit includes examining, on a test basis, evidence <br />supporting the amounts and disclos'ires in the financial statements. An audit also includes <br />aiutesiting the accounting principles used and significant estimates made by management, <br />as well as evaluating the overall financial statement presentation. <br />2. Significant Accounting Policies <br />There were no changes in significant accounting policies or their application during the <br />year audited. <br />3. Disagreements With Management <br />We have no disagreements with management concerning die ai^lication of accounting <br />principles, accounting estimates, die scq>e of the audit, disclosures in the financial <br />statements, wording of the auditor's report, or any other matter significant to the City's <br />general purpose financial statements. <br />4. Difficulties Encountered in Performing the Audit <br />We encountered no difficulties in dealing with management relating to the performance <br />of the audit.
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