Laserfiche WebLink
Opinion on Financial Statements –Audit <br />Process <br />December 2018 / January 2019 <br />Planning and preliminary testing <br />January –March 2019 <br />City staff accumulate data, record year-end accruals, prepare audit <br />workpapers, and close the books on 2018 <br />April 2019 <br />Auditor receives trial balance and workpapers; audit planning is <br />finalized <br />Audit fieldwork is performed <br />May 2019 <br />Financial statements are drafted by the auditor, reviewed by finance <br />staff. Transmittal letter and MD&A are updated. <br />6