Nonattest Services. As part of this engagement, we will perform certain nonattest services. For purposes of the Engagement Letter and this Scope Appendix, nonattest services include services that the Government Auditing Standards refers to as nonaudit services. We will not perform any management functions or make management decisions on your behalf with respect to any nonattest services we provide. In connection with our performance of any nonattest services, you agree that you will: > Continue to make all management decisions and perform all management functions, including approving all journal entries and general ledger classifications when they are submitted to you. > Designate an employee with suitable skill, knowledge, and/or experience, preferably within senior management, to oversee the services we perform. > Evaluate the adequacy and results of the nonattest services we perform. > Accept responsibility for the results of our nonattest services. > Establish and maintain internal controls, including monitoring ongoing activities related to the nonattest function.
Nonattest Services. With respect to any nonattest services we perform, we agree to perform the following: • Prepare or assist with preparing financial statements in conformity with U.S. generally accepted accounting principles based on information provided by you. • Complete the auditee’s portion of the Data Collection Form • Propose journal entries to be reviewed and approved by management (Conversion Entries). • Maintain lease schedules. We will not assume management responsibilities on behalf of the District. The District’s management understands and agrees that any advice or recommendation we may provide in connection with our audit engagement are solely to assist management in performing its responsibilities. The District’s management is responsible for (a) making all management decisions and performing all management functions; (b) assigning a competent individual to oversee the services; (c) evaluating the adequacy of the services performed; (d) evaluating and accepting responsibility for the results of the services performed; and (e) establishing and maintaining internal controls, including monitoring ongoing activities. Our responsibilities and limitations of the nonattest services are as follows: • We will perform the services in accordance with applicable professional standards. • The nonattest services are limited to the services previously outlined above. Our firm, in its sole professional judgment, reserves the right to refuse to do any procedure or take any action that could be construed as making management decisions or assuming management responsibilities. Fees and Timing Xxxxxxx Xxxxx, Xx., is the engagement partner for the audit services specified in this letter. The engagement partner’s responsibilities include supervising services performed as part of this engagement and signing or authorizing another qualified firm representative to sign the audit report. Our fees are based on the amount of time required at various levels of responsibility, plus actual out‐of‐pocket expenses, administrative charges and a technology fee. Invoices are payable upon presentation. We estimate that our fee for the audit will be as follows: • For Fiscal Year 2023‐2024: $58,000 • For Fiscal Year 2024‐2025: $62,500 • For Fiscal Year 2025‐2026: $67,200 The final installment will represent the 10% withheld amount pursuant to Education Code 14505 and will be presented for payment upon certification by the Controller that the audit report conforms to the reporting provisions of the A...
Nonattest Services. As part of this engagement, the Firm will perform certain nonattest services. For purposes of the Engagement Letter and this Scope Appendix, nonattest services include services that the Government Auditing Standards refers to as nonaudit services. The Firm will not perform any management functions or make management decisions on the Client’s behalf with respect to any nonattest services the Firm provides. In connection with performance of any nonattest services by the Firm, Client agrees that Client will: > Continue to make all management decisions and perform all management functions, including approving all journal entries and general ledger classifications when they are submitted. > Designate an employee with suitable skill, knowledge, and/or experience, preferably within senior management, to oversee the services the Firm performs. > Evaluate the adequacy and results of the nonattest services the Firm performs. > Accept responsibility for the results of the Firm’s nonattest services. > Establish and maintain internal controls, including monitoring ongoing activities related to the nonattest function.
Nonattest Services. Nonattest services could include assistance with the preparation of the data collection form and its submission to the Federal Audit Clearinghouse. We will not assume management responsibilities on behalf of the County. However, we will provide advice and recommendations to assist management of the County in performing its responsibilities. The County’s management is responsible for (a) making all management decisions and performing all management functions;
Nonattest Services. With respect to any nonattest services we perform, at the end of the year, we agree to perform the following: • Propose adjusting or correcting journal entries detected during the audit, if applicable, to be reviewed and approved by the Entity’s management. We will not assume management responsibilities on behalf of the Entity. However, we will provide advice and recommendations to assist management of the Entity in performing its responsibilities. The Entity’s management is responsible for (a) making all management decisions and performing all management functions; (b) assigning a competent individual to oversee the services; (c) evaluating the adequacy of the services performed; (d) evaluating and accepting responsibility for the results of the services performed; and (e) establishing and maintaining internal controls, including monitoring ongoing activities. Our responsibilities and limitations of the nonattest services are as follows: • We will perform the services in accordance with applicable professional standards • The nonattest services are limited to the services previously outlined. Our firm, in its sole professional judgment, reserves the right to refuse to do any procedure or take any action that could be construed as making management decisions or assuming management responsibilities, including determining account coding and approving journal entries. Our firm will advise the Entity with regard to tax positions taken in the preparation of the tax return, but the Entity must make all decisions with regard to those matters.
Nonattest Services. As part of this engagement, we will perform certain nonattest services. For purposes of the Engagement Letter and this Scope Appendix, nonattest services include services that the Government Auditing Standards refers to as nonaudit services. We will not perform any management functions or make management decisions on your behalf with respect to any nonattest services we provide. In connection with our performance of any nonattest services, you agree that you will: > Continue to make all management decisions and perform all management functions, including approving all journal entries and general ledger classifications when they are submitted to you. SCOPE APPENDIX to Engagement Letter dated: December 28, 2022 Between the City of Xxxxx Park, MN and Xxxxx Xxxxx US, LLP > Designate an employee with suitable skill, knowledge, and/or experience, preferably within senior management, to oversee the services we perform. > Evaluate the adequacy and results of the nonattest services we perform. > Accept responsibility for the results of our nonattest services. > Establish and maintain internal controls, including monitoring ongoing activities related to the nonattest function.
Nonattest Services. All nonattest services to be provided in the attached engagement letter (if applicable) shall be provided pursuant to the AICPA Code of Professional Conduct. The AICPA Code of Professional Conduct requires that we establish objectives of the engagement and the services to be performed, which are described under nonattest services in the attached letter. You agree that the Town‘s designated individual will assume all the Town‘s management responsibilities for the nonattest services we provide; oversee the services by designating an individual, with suitable skill, knowledge, or experience; evaluate the adequacy and results of the services; and accept responsibility for them. In order to ensure we provide such services in compliance with all professional standards, the designated individual is responsible for: Making all financial records and related information available to us Ensuring that all material information is disclosed to us Granting unrestricted access to persons within the entity from whom we determine it necessary to obtain audit evidence Identifying and ensuring that such nonattest complies with the laws and regulations The accuracy and appropriateness of such nonattest services shall be limited by the accuracy and sufficiency of the information provided by the Town‘s designated individual. In the course of providing such nonattest services, we may provide professional advice and guidance based on knowledge of accounting, tax and other compliance, and of the facts and circumstances as provided by the Town‘s designated individual. Such advice and guidance shall be limited as permitted under the AICPA Code of Professional Conduct.
