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HomeMy WebLinkAboutPre-Attachment 3ATTACHMENT C Rachlin Cohen & Holtz LLP 1 Southeast 3rd Avenue, 10th Floor Miami, Florida 33131 Phone (305) 377- 4228 Fax (305) 377.8331 May 24, 2006 Statement of Work Audit for the Fiscal Year Ended September 30, 2005 Additional audit fees incurred as a result of the following: Hours Rate Dollars Federal and State Single Audit Determining receivables and deferrals for various grants that, at the time of the audit, were not recorded on the books and records of the City, including amounts for FEMA, UASI and USAR, and Community Development Funds. Also included determining taxes receivable and associated deferred revenues Time incurred auditing capital assets and determining correct balances to be reflected in the City's financial statements. Time incurred in validating and booking additional entries provided provided by the City In March 2008 Assistance in preparation of City's financial statements and note disclosures, including reconditions to client calculations, revised note disclosures, and net asset calculations Meetings with City staff to resolve various accounting issues Total Hours/Additional Fees Incurred 503 155 $ 77,965 Agreed Upon Additional Fees $ 60,000