HomeMy WebLinkAboutmemo 2-12-09CITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Members of the Date: January 23, 2009
City Commission
Subject: Audit Advisory Committee
From: Priscilla A. Thompson References: February 12, 2009 Agenda
City Clerk
Enclosures: List of members
The Miami Audit Advisory Committee was created to: (1) Review the annual audit of City accounts performed by the
independent auditor; (2) Review the annual management letter developed by the independent auditor; (3) Review the system
of internal control utilized by the City; (4) Review the City's compliance with the Municipal Finance Officers' Association
guidelines and requirements; (5) Review internal audit reports where it is felt by the internal auditor that fraud or criminal
conduct may be involved, to the extent that it does not compromise criminal investigations; (6) Review the City Manager's
recommendation for selection of an independent auditor, if requested by or directed by the City Commission.
Please be aware that City Code Section 2-947 states in part:
"All members shall be qualified and distinguished by their education, experience and attainments in
the accounting profession, the practice of law, banking or business management. Members of the
committee shall be selected from among the following:
(a) A controller or chief financial officer of a large commercial enterprise (with size measured by
dollar sales/revenue volume);
(b) A commercial or investment banker associated with a large financial institution;
(c) A practicing certified public accountant (if not a certified public accountant, then an
accountant who shall have managed an accounting practice employing at least ten (10)
individuals)." [Emphasis added.]
One (1) appointment is required at this time:
• Chair Sanchez has one (1) nomination for a seat currently held by:
• Vacancy (due to the resignation of Raquel Dawson) *
For your convenience, included is a copy of the current membership of said committee. By copy of this
memorandum, we are requesting the Agenda Office to place this issue on the February 12, 2009
Commission agenda. *This item was deferred from the September 11, 2007, February 14, 2008, March
13, 2008, April 10, 2008, May 8, 2008, June 12, 2008, July 10, 2008, September 11, 2008, November
13, 2008, December 11, 2008 and January 15, 2009 City Commission meetings.
PAT:pb
c: Victor Igwe, Auditor General
Robin Jones -Jackson, Assistant City Attorney
Elvi Gallastegui, Agenda Coordinator
Stanley Foodman, Chairperson