Agenda Packets - 1989/12/11 - Laserfiche WebLink

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r d) An identification of total amounts questioned, if any, for each federal assistance awarded, as a result of noncompliance; e) A statement on the status of corrective action taken on prior findings; and f) Refer to the use of the standards required by the Minnesota Legal Compliance Audit Guide for Local Governments, prepared by the Office of the State Auditor. The purpose of this guide is to establish compliance guidelines for verification by auditors auditing political subdivisions of the state. In addition to the audit report, the recipient shall provide comments on the findings and recommendations in the report, including a plan for corrective action taken or planned and convents (, on the status of corrective action taken on prior findings. If corrective action is not necessary, a statement describing the reason it is not should accompany the audit report. The City agrees that the grantor, the Legislative Auditor, and any independent auditor designated by the grantor shall have such access to grantee's records and financial statements as may be necessary for the grantor to comply with the Single Audit Act and OMB Circular A-128. Required audit reports must be filed with the Office of the State Auditor. Single Audit Division and state agencies providing federal assistance, within six months of the City's fiscal year end. if a federal cognizant audit agency has been assigned for the City, copies of required audit reports will be filed with that agency J also. -12-