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RFP 2019‐11: Professional Auditing Services Questions 15‐19 Submitted to Mel Maier, Otsego County Finance Director Submitted by Sarah Talbot, CPA, Senior Manager at Andrews Hooper Pavlik PLC on Thursday, December 19, 2019 at 10:45 a.m. Question 15: Are there any significant changes anticipated at the County? Otsego County’s Response to Question 15: No Question 16: It appears the prior audit resulted in several audit journal entries. Do you expect a similar result in the next 4 years? Otsego County’s Response to Question 16: No Question 17: Do you anticipate a similar material weakness related to internal control over financial reporting as you had in the prior year? Or have procedures been put in place to correct the reported deficiency? Otsego County’s Response to Question 17: A similar material weakness is not anticipated. Procedures/personnel are in place to prevent a similar repeat finding. Question 18: Will the County be performing the assessment of GASB 84 (Fiduciary Activities)? Otsego County’s Response to Question 18: Yes Question 19: What is the involvement of the County staff regarding preparation of the financial statements? Otsego County’s Response to Question 19: Draft financial statements will be provided to the auditors