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06-20-11 Fiscal Affairs Committee Meeting
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06-20-11 Fiscal Affairs Committee Meeting
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8/22/2011 3:11:59 PM
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La Porte TX
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Agenda PACKETS
Date
6/20/2011
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IV. TIME REQUIREMENTS <br />A. PROPOSALCALENDAR <br />The following is a list of key dates up to and including the date proposals <br />are due to be submitted: <br />June 16 and June 23 <br />July 12 <br />August 8 <br />B. DATE AUDIT MAY COMMENCE <br />� �. <br />Advertise Request for Proposals <br />Open Requests for Proposals <br />Council Award <br />The audit may commence after August 8th the first year and July 15th of <br />each subsequent year under contract. <br />SCHEDULE FOR THE 2011 FISCAL YEAR AUDIT (A similar schedule <br />will be developed for audits of future fiscal years.) <br />1. <br />2. <br />K� <br />4. <br />Interim Work <br />The auditor shall complete all interim work by October 15th of 2011 <br />and September 15th of each year thereafter. <br />Detailed Audit Plan <br />The auditor shall provide the City by September 15 of 2011 and <br />July 15 of each year thereafter, both a detailed audit plan and a <br />list of all schedules to be prepared by the City. <br />Fieldwork (Year End) <br />Fieldwork may commence after October 30th of each year; <br />however, working trial balances will not normally be available until <br />after November 30th of each year. The auditor shall complete all <br />fieldwork by January 15th. <br />Draft Reports <br />Standard: The draft report of the CAFR will be prepared by the City <br />of La Porte and given to the auditor's for review by January 30 of <br />each year. <br />19 <br />
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