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HomeMy WebLinkAboutAudit Residency CCMemo 2012-02-09CITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Members of the City Commission From: Priscilla A. Thompson City Clerk Date: January 25, 2012 Subject: Audit Advisory Committee References: Agenda for February 9, 2012 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. One (1) Residency waiver for a recent appointment is required at this time: • Carlos Manuel Trueba, appointed on October 13, 2011, requires a 4/5ths waiver of the residency requirement, per Section 2-884(a) of the City Code. 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 9, 2012, Commission agenda. PAT:th c: Robin Jones -Jackson, Assistant City Attorney Elvi Gallastegui, Agenda Coordinator Stanley Foodman, Chairperson