HomeMy WebLinkAboutR-84-0294A RES'OLUtION APPOINTING ONE INDIVIDUAL AS
A MEMBER OF THE MIAMI AUDIT ADVISORY
COMMITTEE,
BE It RESOLVED BY THE COMMISSION OF THE CITY OE MIAMIy
FLORIOA:
SeCtion 1,, the following individual is hereby appointed
MAR 8 1984 RESOLUTION f40. 84-2.fj
(REMARKS __
Honorable Mayor and Members
of the City Commission
Howard V. Gary
City Manager
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INCLO5U4E5
December 22, 1983
Appointments to Audit
Advisory Committee
Ordinance number 9575 created a new Audit Advisory Committee. The
basic functions of the Audit Advisory is to assist the City
Commission and the City Manager in fulfilling their fiduciary
responsibility relating to accounting, auditing and financial
reporting. The present City Code defining the duties of the
Audit Advisory Committee focus rather narrowly on the selection
of an independent auditor and monitoring his work. The changes
that are recommended in the new ordinance broadens the scope of
the Audit Advisory Committee, increases the membership and
defines the criteria for appointment to this committee.
The new ordinance provides that each City Commissioner shall
recommend one member subject to the appointment by the City
Commission. The new ordinance provides that members of the
committee shall be selected from among the following:
A controller or chief financial officer
by a large commercial enterprise (with size
measured by dollar sales/revenue volume).
A commercial or investment banker associated
F'
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Review internal audit reports where it is felt by
the internal auditors that fraud or criminal con-
duct may be involved to the extent that it does not
............... .
compromise criminal investigations.
6. Review the City Manager's recommendation for the
selection of an independent auditor.
7. Review such other financial matters are requested
by the City Manager or as directed by resolution
of the City Commission.
Members of the present Committee are:
Manny Garcia
Anthony Brunson
Robert Jones
Commissioner Joe Carollo
Randolph B. Rosencrantz
Since September 30th was the close of FY183 and we are now in the
process of beginning the annual audit, having the new Audit
Advisory Committee in place at this time would be most helpful.
It would be appreciated if the new members could be appointed at
the January 12th meeting.
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