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•Audit Fieldwork –auditor performs tests to verify: <br />Occurrence: recorded transactions and events pertain to the City <br />Completeness: all transactions and events that should have been <br />recorded have been recorded <br />Accuracy, Cutoff, Classification: amounts are accurately recorded in <br />the correct year and in the correct accounts <br />•Data mining techniques <br />Journal entries <br />Disbursement register <br />•Unmodified (“clean”) opinion on the financial statements <br />3 <br />General Fund: <br />–Fund balance increased $83,026 during 2019 <br />4 <br />Favorable <br />Final (Unfavorable) <br />Budget Actual Variance <br />Revenues $7,002,704 $7,097,242 $94,538 <br />Expenditures 7,019,734 7,091,422 (71,688) <br />Revenues over (under) expenditures (17,030)5,820 22,850 <br />Other financing sources (uses): <br />Transfers from other funds 208,200 258,200 50,000 <br />Transfers to other funds (180,994) (180,994) - <br />Total change in General Fund balance $10,176 $83,026 $72,850 <br />28