Nature of Services Required. The Accounting Firm shall perform an audit for the purpose of expressing an opinion on the financial statements and schedules of the Community for the fiscal year ending March 31st. The examination of the financial statements is to be performed in accordance with Canadian Generally Accepted Auditing Standards. The following is a list of reports to be submitted as a result of the audit:
Nature of Services Required. 2.1 Consultant will express an “in relation to” opinion on the fair presentation of the combined and individual non-major fund financial statements and supporting schedules, including the internal service funds in conformity with generally accepted accounting principles in the United States of America (“GAAP”). An audit of the introductory or statistical section of the report will not be necessary. However, review will be required for content and consistency.
Nature of Services Required. A. The annual financial and compliance audits will be performed in accordance with Generally Accepted Auditing Standards, Government Auditing Standards issued by the General Accounting Office, and all prevailing federal, state and local laws and regulations.
Nature of Services Required. A. Scope of Work to be Performed The City of Galveston desires the auditor to express an opinion on the fair presentation of its basic financial statements in conformity with generally accepted accounting principles. The City also desires the auditor to express an opinion on the fair presentation of its budgetary comparisons for each of the City’s major funds and non-major funds in the aggregate. The auditor is not required to audit the supporting schedules contained in the comprehensive annual financial report. However, the auditor is to provide an “in-relation-to” report on the supporting schedules based on the auditing procedures applied during the audit of the general purpose financial statements and schedules. The auditor is not required to audit the statistical section of the report. The auditor shall also be responsible for performing certain limited procedures involving required supplementary information required by the Governmental Accounting Standards Board as mandated by generally accepted auditing standards.
Nature of Services Required
