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City Council Agenda and Packet 2018 12 04
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City Council Agenda and Packet 2018 12 04
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3/11/2021 2:12:29 PM
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12/14/2018 2:30:40 PM
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City Council Records
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City Council Packet
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CCAGPKT 2018 12 04
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EideBailly. <br />CPAs & BUSINESS ADVISORS <br />October 25, 2018 <br />Kevin Watson <br />City of Louisville <br />749 Main St <br />Louisville, CO 80027 <br />RE: Internal Controls Examination <br />This letter is to confirm our understanding of the services that we are to provide. <br />Scope of Engagement <br />We will conduct an internal controls examination for the City of Louisville. Specific scope and internal <br />controls examination items are detailed below: <br />• Conduct internal controls examination interviews to determine if existing policies and <br />procedures are being followed and to identify internal control deficiencies in the following city <br />departments. <br />o Coal Creek golf course <br />o Municipal library <br />o Municipal court <br />o Municipal recreation center <br />• Review and evaluate the policy and procedures manual for internal control weaknesses over <br />accounting functions. <br />• Employ common forensic accounting methodologies to identify potential misuse and/or <br />misappropriation of assets. <br />Our engagement will be conducted in accordance with lawful forensic accounting and internal control <br />examination techniques. You understand that any written reports or other documents we may prepare <br />are for internal use only. Such reports or other documents may not be published or used for any other <br />purposes without our written consent. We may employ, contract with or use the service of any third <br />party in connection with the performance of the services, we deem reasonably necessary or desirable to <br />complete this engagement. <br />The City of Louisville accepts responsibility for the results of the services being provided and agrees to <br />perform the following functions in connection with this engagement: <br />• Make all management decisions and perform all management functions. <br />• Designate a competent individual to oversee the services. <br />• Evaluate the adequacy and results of the services performed. <br />• Accept responsibility for the results of the services. <br />• Establish and maintain internal controls, including monitoring ongoing activities. <br />What inspires you, inspies us. eidebailly.com <br />7001 E. Belleview Ave., Ste. 700 Denver, CO 80237-2733 TF 866.740.4100 T 303.770.5700 F 303.770.7581 EOE <br />
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