HomeMy WebLinkAboutAudit CCMemo 2012-12-13CITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Members of the Date: November 30, 2012
City Commission
0 5D.4.4. Subject: Audit Advisory Committee
From: Dwight S. Danie References: Agenda for December 13, 2012
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:
• Chairman Francis Suarez has one (1) nomination for a seat currently held by:
1. Carlos Trueba, incumbent, whose term expired on October 13, 2012.
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 December 13,
2012, Commission agenda.
DSD:th
c:
Robin Jones -Jackson, Assistant City Attorney
Elvi Gallastegui, Agenda Coordinator
Stanley Foodman, Chairperson
* This item was continued from October 11, 2012, and November 15, 2012, Commission meetings.