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06-05-2023 Council Work Session Packet
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06-05-2023 Council Work Session Packet
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6/7/2023 1:56:38 PM
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6/7/2023 11:13:39 AM
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City Council
Council Document Type
Council Packet
Meeting Date
06/05/2023
Council Meeting Type
Work Session Regular
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Opinion on Financial Statements – Audit ProcessDecember 2022 and January 2023 Planning and preliminary testingJanuary –March 2023City staff accumulate data, record year‐end accruals, prepare audit workpapers, and close the books on 2022April 2023Auditor receives trial balance and workpapers; audit planning is finalizedAudit fieldwork began April 10May 2023Financial statements are drafted by the auditor, reviewed by finance staff. Transmittal letter and MD&A are prepared.Final audit reports dated June 14
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