HomeMy WebLinkAboutItem #56 - Discussion ItemBOOZ _ ALLEN & HAMIL"' ONlmc
Mahagrosent Consultants
ai30 EAST WEST HIGHWAY
1JtfiHE50A, MARYLAND 20014
991- 2200
AREA COOE 301
March 9, 1981
Mr. Richard Fosmoen
City Manager
City Hall (Dinner Key)
City of Miami
3500 Pan American Drive
Miami, Florida 33133
Dear Mr. Fosmoen:
Booz, Allen is pleased to submit proposed criteria for the
appointment of citizen members to the newly created "Miami audit
Advisory Committee. This submittal is :Wade in accordance with
Task 1 of our current scope of services dated December 18, 1980
as approved by the Mayor and Commission.
The Mayor and Commission recently passed and adopted an
ordinance creating the "Miami Audit Advisory Committee. The
Ordinance calls for the appointment of three citizen members by
the Mayor and Commission. The general purpose and duty of the
Committee is "to advise and assist the City Commission to improve
the effectiveness and usefulness of the City's audit procedures
and programs..."
The Ordinance requires that the three citizen members "be
qualified and distinguished by their education, experience, and
attainments in the accounting profession, the practice of law,
banking, or business management." The intent is to create a
committee that is representative of the professional, management,
and business skills required to deal effectively with the broad
subject of auditing. It is suggested that criteria to guide the
appointment of citizen members be established as follows:
Education —:Minimum requirement of an undergraduate
college degree with an emphasis in such areas as
accounting, business administration, or financial
management; or a graduate college degree in such areas
as law, accounting, banking, business administration
or public administration.
"SUPPORTIVE
D0CJ Mi ENTS
FU! L0VV"
0
Mr. Richard Fosmoen
March 9, 1981
Page Two
Experience —Minimum requirement of five years of
directly handling an organization -wide audit program
in the private or public sector. This could include
the chairperson, president or comptroller of a
private business, a public utility, or a bank. This
could also include a partner or certified public
accountant engaged in a public accounting practice
which has performed organization -wide audits in either
the public or private sector. In addition, this
could include attorneys or public agency administra-
tors who have advised on or dealt with organization -
wide audit programs.
Attainments —Desirable qualification of peer or pro-
fessional recognition. This could include election to
office in a local chapter of the Bar association,
the American Institute of Certified Public Accountants,
the American Institute of Banking, or other recogn:zed
professional organizations. other attainments that
could be recognized would include publications in
professional journals, lectures at professional
conferences or instruction at a professional or edu-
cational institution.
These suggested criteria would establish two areas of minimum
required qualifications (education and experience) and one area
of desirable qualification (attainments) by which nomination for
the .Miami audit Adviso ry Committee should be judged. If these
criteria are followed or exceeded, this committee should be capable
of providing substantial and meaningful assistance to the Mayor
and Commission in their effort to improve the Cit;:'s financial
condition.
We will be pleased to answer any questions that you or the
Mayor and Commission may have concerning this :natter.
Porter W. Homer
Approved:
John C . :vewman
Vice President
Very truly yours,
BOOZ, ALLEN & HAMILTON Inc.
"SU PPORTI_VE
DOCUMEN
FOLLOW
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