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Finance Committee Agenda and Packet 2024 07 18
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Finance Committee Agenda and Packet 2024 07 18
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8/27/2024 3:27:23 PM
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City Council Records
Meeting Date
7/18/2024
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Boards Commissions Committees Records
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Management's Consultations with Other Accountants <br />In some cases, management may decide to consult with other accountants about auditing and accounting <br />matters. Management informed us that, and to our knowledge, there were no consultations with other <br />accountants regarding auditing and accounting matters. <br />Other Significant Matters, Findings, or Issues <br />In the normal course of our professional association with the City, we generally discuss a variety of matters, <br />including the application of accounting principles and auditing standards, significant events or transactions that <br />occurred during the year, operating and regulatory conditions affecting the entity, and operational plans and <br />strategies that may affect the risks of material misstatement. None of the matters discussed resulted in a <br />condition to our retention as the City's auditors. <br />Other Information Included in Annual Reports <br />Pursuant to professional standards, our responsibility as auditors for other information, whether financial or <br />nonfinancial, included in the City's annual reports, does not extend beyond the financial information <br />identified in the audit report, and we are not required to perform any procedures to corroborate such other <br />information. However, in accordance with such standards, we have read the information and considered such <br />information, or the manner of its presentation, was materially inconsistent with its presentation in the <br />financial statements. <br />Our responsibility also includes communicating to you any information which we believe is a material <br />misstatement of fact. Nothing came to our attention that caused us to believe that such information, or its <br />manner of presentation, is materially inconsistent with the information, or manner of its presentation, <br />appearing in the financial statements. <br />This report is intended solely for the information and use of the Honorable Mayor and Members of the City <br />Council, and management of the City and is not intended to be, and should not be, used by anyone other than <br />these specified parties. <br />Denver, Colorado <br />16/81 <br />
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