HomeMy Public PortalAboutCarr Riggs & Ingram LLC Change OrderCRI
CARR
RIGGS &
iNGRAM
CPAs and Advisors
February 18, 2014
City of Crestview
Attn: Patti Beebe
198 N. Wilson Street
Crestview, FL 32536
Carr, Riggs & Ingram, LLC
Certified Public Accountants
500 Grand Boulevard
Suite 210
Miramar Beach, Florida 32550
(850) 837-3141
(850) 654-4619 (fax)
CRlcpa.com
At this time we anticipate having to perform the following services in addition to those agreed to
in our engagement letter dated November 8, 2013 in order to complete the audit of the financial
statements for the City of Crestview, Florida ("City").
We have been engaged to report on supplementary information other than RSI that
accompanies the City's financial statements. We will subject the following supplementary
information to the auditing procedures applied in our audit of the financial statements and
certain additional procedures, including comparing and reconciling such information directly to
the underlying accounting and other records used to prepare the financial statements or to the
financial statements themselves, and other additional procedures in accordance with auditing
standards generally accepted in the United States of America and will provide an opinion on it in
relation to the financial statements as a whole.
1. Schedule of expenditures of federal awards.
Reason for requiring the change order:
• Based on audit procedures performed to date, we have determined that the City has
expended over $500,000 in federal awards and over $500,000 in state financial
assistance as part of its grant funding in the current year. This requires that the City
undergo a single audit planned and performed in accordance with the Single Audit Act
Amendments of 1996; the provisions of OMB Circular A-133; and Chapter 10.550, Rules
of the Auditor General.
Nature of work to be performed:
• OMB Circular A-133 and Chapter 10.550, Rules of the Auditor General require that we
plan and perform the audit to obtain reasonable assurance about whether the City has
complied with applicable laws and regulations and the provisions of contracts and grant
agreements applicable to major federal programs and state projects. Our procedures
will consist of tests of transactions and other applicable procedures described in the
applicable Compliance Supplements and related addenda for the types of compliance
requirements that could have a direct and material effect on each of the City's major
federal programs and state projects. The purpose of these procedures will be to express
an opinion on the City's compliance with requirements applicable to each of its major
federal programs and state projects in our report on compliance issued pursuant to OMB
Circular A-133 and Chapter 10.550, Rules of the Auditor General.
Revision of timetable:
• No revision to the original timetable is expected. Through additional staffing we should
be able to maintain the original timetable as identified in our engagement letter dated
November 8, 2013.
Estimated cost of change/additional work:
• Our fee for these services will be at our standard hourly rates plus out-of-pocket costs
except that we agree that our supplementary fee, including expenses, will not exceed an
additional $8,000. The terms and conditions of payment will be the same as in our
engagement letter.
Approved by Firm:
ea -AM RI , c.t
Carr Riggs & Ingram, LLC
Certified Public Accountants
Accepted by Client:
Signature:
Title:
Date:
927 ./64(