Title
Authorize the Chair To Sign Amendment No. 7 to Agreement No. A-11162 with Gallina, LLP in an amount not to exceed $192,800 to perform audits of the following: 2013-14 General Purpose Financial Statements, Single Audit, the Public Improvement Corporation, the Treasury Oversight Committee, the Monterey County Financing Authority and the Secure Families Project.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
Authorize the Chair To Sign Amendment No. 7 to Agreement No. A-11162 with Gallina, LLP in an amount not to exceed $192,800 to perform audits of the following: 2013-14 General Purpose Financial Statements, Single Audit, the Public Improvement Corporation, the Treasury Oversight Committee, the Monterey County Financing Authority and the Secure Families Project.
SUMMARY:
The Office of the Auditor-Controller recommends the Board authorize the Chair to sign Amendment No. 7 to Agreement No. A-11162 with Gallina, LLP in an amount not to exceed $192,800 to perform the 2013-14 annual audits. The Board of Supervisors engaged the firm of Gallina, LLP to perform the Fiscal Year 2007-08 General Purpose Financial Statement and Single audits.
Based on the implementation and Go-Live of the ERP Systems (Performance Budget, Advantage Financial, Advantage HRM and SymPro Debt and Investment), the Board has authorized additional extensions in order to take advantage of the firm's knowledge of these new systems. The Office of the Auditor-Controller is requesting another one year extension of the agreement. Given the addition of CaseWare Financial Reporting software which will be used to produce the County's financial statements, continuing with the current auditors will make for more efficient, timely and effective audit. In keeping with best practices, the Gallina partner conducting the independent audit is new to Monterey County for the 2013-14 audit. The Office of the Auditor-Controller will issue a Request for Proposal (RFP) in t...
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