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08/22/2017
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08/22/2017
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8/22/2017 4:58:17 PM
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8/18/2017 2:58:40 PM
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City Council
Document Type
Council Agenda/Packets
Meeting Date
8/22/2017
Meeting Type
Regular
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SIMILAR ENGAGEMENTS WITH OTHER GOVERNMENT ENTITIES (continued) <br />C. Other Services <br />In addition to audit servicem, there are a number of oter special services and benefits MMKR offers its <br />clients. Some of them are as follows: <br />• Assistance in audit workpaper pand close process. <br />• Assistance with revenue projection reviews, with a special emphasis on tax sources and state aids, <br />including local governmenaid. <br />• Evaluations ofinternal oontro�using pub\�hedbeo practicesbusiness-type golf courses, community cetera, event centers, and emergency medical service operations <br />. <br />� <br />Operational or management audits to assist in achieving the highest standards of operation and <br />long-range planning. <br />• Some of the areas which we have reviewed during an operational audit are: <br />o <br />Organizational structure <br />o <br />Facilities <br />o <br />Financial p|anning, oontro|, and reporting <br />o <br />Meetings/minutes format and structure <br />o Personnel policies and procedures <br />o <br />Budget process and procedures <br />• Assistance with information systems issues based on our extensive experience with the various <br />financial systems used by Minnesota cities. <br />• Assistance with financial pnojeotionm, budget deve|opment, tax hearing meteria\a, and other <br />financial matters. <br />• Semimonthly cash flow projections. <br />• Assistance with grant expenditure reimbursement submissions. <br />• Assistance in obtaining Certificate of Achievement for Excellence in Financial Reporting Awards. <br />• Tax consultation availability for income, payroll, and employee benefit -related matters. <br />• Assistance with salary negotiation costing. <br />• Special services, au��d��ing and customizing Legal Compliance Manuals; preparation of <br />generalf�ed — asset records; forms and procedures for legal compliance in handling gifts, record <br />retention, e�`��irregularities investigations; development of an accounting system for establishing <br />a recording system ` for contracts for new construction; and many other special services too <br />numerous to mention. <br />• Assistance in evaluation of finalists selected for key fiscal management positions; summarization <br />of qualifications and recommendations. <br />• Periodic email communications to keep our clients informed of federal and state taxation issues. <br />• Assistance in audit workpaper preparation and close process. <br />
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