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SUMMARY OF KEY QUALIFICATIONS A. Quality • N1a|loy, K4ontague, Karnowski, Rodooevich & Co, P.A. (MMKR) emphasizes quality service, accomplished by recriting and developing high quality personnel. • We are a member of the Governmental Audit Quality Center of the American Institute of Certified Public Accountants (4|CPA), which maintains standards for quality control in governmental audits for CPA firms nation-wide. B. Experience and Expertise • Our firm has specialized in providing audit aeNiceotogovernmental entitieoforover8Oyeera. Last year we audited over 25 municipalities, 30 school districts, 30 charter aohools, and numerous other governmental and related organizations. = Because of this apeoia|izstion, we have a large pool of knowledgeable and experienced governmental auditors that possess significant knowledge of the complexities of municipal finance in the state of Minnesota. Our governmental auditors work with many cities with operations similar to yours. MMKR professionals also receive extensive continuing education, with internal and external seminars specifically for governmental audits. • MMKR is an industry eader in providing guidance to Minnesota local governments on the accounting and reporting standards established in Governmental Accounting Standards Board (GASB) Statements. We have assisted our local governments with the successful and often early implementation of several complex new GASB standards that have become effective in recent years. This process has provided us with a practical understanding of these new standards that can only be gained by firsthand experience. • Our firm performs dozens of Single Audits of Federal Awards expenditures each year. • In addition to audits, we provide our clients with a wide range of consulting services, including management and operational revewa, budget development and monitorng, cash flow pnojeotiona.humanroeouroeaoonoulting.smdpayroUbaxondemployoebenef -related matters. • MMKR professionals are active members of many professional organizations and committees, including the Minnesota Government Finance Officers Association (MnGFOA) and the Minnesota Society of Certified Public Accountants (MNCPA). Our professionals have held various leadership positions on the MNCPA Board of Directors, including past chairman. We are also active in various MNCPA oommitteea, which include p|anning, moderating, and presenting at the annual city, charter school, and school district audit workahopa, committee work on Single Audit imp\ementation, and quality reviews. • On our staff we have reviewers for both the National Government Finance Officers Association (GFOA) and the Association of School Business Officials (ASBO) International Certificate of Excellence in Financial Reporting Programs. We have assisted numerous clients with obtaining certificates on first-time submissions and with retaining certificates in subsequent years. • MMKR professionals are also active members of the AICPA. This active role includes being a member of the AICPA Council; a 400 -member group representing members from around the country that provides strategic planning and direction to the AICPA Board of Directors. • Over the years, we have developed many customized audit tools, techniques, and paperless workpaper and report formats which allow us to perform our audits efficiently and with minimal