Enclosed is a link below: https://www.auburnalabama.org/finance/city-information
ID: 2542128 • Letter: E
Question
Enclosed is a link below:
https://www.auburnalabama.org/finance/city-information/comprehensive-annual-financial-report-cafr/CAFR%202016%20FINAL%20(EDIT).pdf
Will you answer the following questions about the above link:
What are the inclusive dates of the fiscal year?
What is the name and address of the independent auditor? Is the auditor’s opinion unqualified? If not, describe the qualification. Is the opinion limited to the basic financial statements, or does the opinion include combining and individual fund statements?
Does the report contain an organization chart? A table of contents? A list of principal officials? A letter of transmittal? Is the letter of transmittal dated and signed by the chief financial officer? List the major items of discussion in the letter of transmittal.
Does the report include a Management’s Discussion and Analysis? List the major items of discussion.
Does the report include the government-wide statements (Statement of Net Position and Statement of Activities)?
Does the report reflect fund financial statements for governmental, proprietary, and fiduciary funds? List those statements. List the major governmental and proprietary funds (the funds that have separate columns in the governmental and proprietary fund statements).
Explanation / Answer
1. Inclusive dates of the fiancial year SEPTEMBER 30, 2016
2. Name and address
The Honorable Bill Ham, Jr., Mayor Members of the City Council and City Manager City of Auburn, Alabama,
3. Qualifications on the Financial Statements We have audited the accompanying financial statements of the governmental activities, the businesstype activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of the City of Auburn, Alabama, as of and for the year ended September 30, 2016, and the related notes to the financial statements, which collectively comprise the City of Auburn, Alabama’s basic financial statements as listed in the table of contents.
4 Related to Fund statement
The combining and individual nonmajor fund financial statements, the respective budgetary comparison for the special revenue and debt service funds, the discretely presented nonmajor component unit financial statements, and the capital asset schedules, are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual nonmajor fund financial statements, the respective budgetary comparison for the special revenue and debt service funds, the discretely presented nonmajor component unit financial statements, and the capital asset schedules, are fairly stated in all material respects in relation to the basic financial statements as a whole.
As I am authorised to give answer of first 4 qiuestions, I have answered the first 4, Please post the remaining questions again.
Thank you
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