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08 - Auditor Communication Letter Audit 12-13 Costa Mesa Sanitary District …an Independent Special District Protecting our community’s health and the environment by providing solid waste and sewer collection services. www.cmsdca.gov Memorandum To: Board of Directors Via : Scott Carroll, General Manager From : Stacey Cuevas, Finance Manager Date: August 29, 2013 Subject: Auditor Communication Letter Audit FY 2012 -13 Summary On July 22, 2010 the Board approved a Professional Services Agreement for Independent Audit services to Diehl Evans & Company, LLP for the total amount of $26,930 for the three fiscal years ending June 30, 2010, 2011 and 2012. On January 24, 2013, the Board approved extending this agreement one year to perform the audit of fiscal year 2012 -13. In preparation of the start of the June 30, 2013 audit, the auditors have issued an Auditor Communication Letter disclosing their responsibilities under U.S. Generally Accepted Auditing Standards and Government Auditing Standards. The audit will begin on approximately October 14, 2013 and the report will be issued on approximately November 28, 2013. Staff Recommendation That the Board of Directors receive and file this report. Analysis The District has contracted for annual audit services with the firm Diehl, Evans & Company, LLP since its separation from the City. Diehl Evans & Company, LLP merged on September 30, 2011 with another audit firm to form a combined firm now practicing as White Nelson Diehl Evans LLP. The first agreement covered the fiscal years ended June 30, 2005 through June 30, 2009. The current agreement covers the fiscal years ending ITEM NO. 08 Board of Directors August 29 , 2013 Page 2 of 2 June 30, 2010 through June 30, 2013, including the one -year extension. We are currently in the fourth year of the agreement. Strategic Element & Goal This item supports achieving Strategic Element No. 7.0, Finances and Strategic Goal No. 7.4, Develop a Comprehensive Annual Financial Report. Legal Review Not applicable. Financial Review The audit fee for the fisca l year ending June 30, 2013 is $9,340, which is within the budgeted amount for fiscal year 2013 -14. Public Notice Process Copies of this report are on file and will be included with the entire agenda packet for the August 29, 2013 Board of Directors regu lar meeting at District Headquarters and on District website. Alternative Actions 1. Refer the matter back to staff for additional information. Attachments A: Auditor Communication Letter 2875 Michelle Drive, Suite 300, Irvine , CA 92606 • Tel: 714.978.1300 • Fax: 714.978.7893 Offices located in Orange and San Diego Counties August 15, 2013 M s. Stacey Cuevas Finance Manager Costa Mesa Sanitary District 628 West 19 th Street Costa Mesa, CA 92627 Dear M s. Cuevas: Enclosed is the “Communication with Those Charged with Governance” during the planning phase of the audit. Ple ase forward the letter to the Board of Directors. If you have an y questions, please feel free to call me. Very trul y yours, Nitin P. Patel, CPA 2875 Michelle Drive, Suite 300, Irvine , CA 92606 • Tel: 714.978.1300 • Fax: 714.978.7893 Offices located in Orange and San Diego Counties -1 - To the Board of Directors Costa Mesa Sanitary District Costa Mesa, California We are en gaged to audit the financial statements of Costa Mesa Sanitary District (the District) for the ye ar end ed June 30,20 1 3 . P rofessional standards require that we provide you with the following information related to our audit. Our Responsibilit ies under U.S. Generall y Accepted Auditing Standards and Government Auditing Standards As stated in our engagement letter dated June 14, 2013,o ur responsibility , as described by professional standards, is to express an opinion about whether the financial statements prepared by m anagement with your oversight are fairl y presented, in all material respects, in conformity w ith U.S. generally accepted accounting principles. O ur audit of the financial statements does not relieve you or management of your responsibilities. Our responsibility is to plan and perform the audit to obtain reasonable, but not absolute, assurance that the financial statements are free of material misstatement . As part of our audit, we will consider the internal control of the District . Such cons iderations are solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control. As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will also perform tests of the District’s compliance with certain provisions of laws, regulations, contracts, and grants. H owever, the objective or our tests is not to provide an opinion on compliance with such provisions. We are responsible for com municating significant matters related to the audit that are, in our professional judgment, relevant to your responsibilities in overseeing the financial reporting process. However, we are not required to design procedures specificall y to identify such mat ters . Planned Scope and Timing of the Audit An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; therefore, our audit will involve judgment about the number of transactions to be exami ned and the areas to be tested. -2 - Planned Scope and Timing of the Audit (Continued) Our audit will include obtaining an understanding of the District and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature, timing and extent of further audit procedures. M aterial misstatements may r esult from (1)errors, (2)fraudulent financial reporting, (3)misappropriation of assets, or (4)violations of laws or govern mental regulations that are attributable to the District or to acts by m anagement or employ ees acting on behalf of the District . We will generall y communicate our significant findings at the conclusion of the audit. H owever, some matters could be communi cated sooner, particularly i f significant difficulties are encountered during the audit where assistance is needed to overcome the difficulties or if the difficulties may l ead to a modified opinion. We will also communicate any internal control related ma tters that are required to be communicated under professional standards . If a member of the Board is aware of matters that have a material bearing on the financial statements taken as a whole (such as those described above in items 1 -4), please contact Ni tin Patel at (714)978 -1300 or by email at npatel@wndecpa.com by October 14, 2013. W e expect to begin our audit on October 14, 2013 and issue our report on approximatel y December 15,2013. This information is int ended solely f or the use of the Board of Directors and management of the District and is not intended to be and should not be used b y an yone other than these specified parties. Irvine, California August 15, 2013