Laserfiche WebLink
W <br />DATE: November '16, 2005 <br />TO: :Mike Mornson, City Manager <br />FROM.: Roger Larson, Finance Director <br />FFEiVI: CITY AUDI'YOR—IILB TAUTGES REDPAaTJJk LTD <br />Staff has completed the task of reviewing auditing services for the City of St. Anthony's <br />annual audit. The goal of the process was to compare our present services to what other <br />potential cerli:6.cd public accounting firms could provide. <br />The followingis review of the process: <br />1) Developed a "Request for Proposal." <br />2) Distributed RFP to prospective auditing firms. <br />3) Nine responses were received. <br />4) Formed interview committee. <br />5) Narrowed selection to live. <br />6) Conducted. interviews with 5 -member committee. <br />7) Discussed the results with the City Council at its November 1 <br />work session. <br />The top three fir i.shers were as follows: <br />1) 141,8 Tautges Redpath, Ltd. <br />2) Abdo, l3ick & Meyers <br />3) Stuart 1. Bomniwell, CPA <br />Based on the HL8 Tauges, Redpath's ability to provide the City with upgraded services <br />and tecluiology, the committee unanimously selected this firm. Some o.f the <br />improvements included: <br />l.) Revision of our current financial statement format to include more <br />concise statistical information and graphs. <br />2) Competent staff of 3 — 4 qualified accountants to perform the audit. <br />3) Ability to provide financial statements in PDF format for ease of <br />downloading the information directly to the City's web site. <br />4) An excellent lmowledgehunderstanding of liquor operations and <br />inventory issues. <br />5) A wide variety of additional financial services are available. <br />IRecommenclation: <br />Council approves 13LB Tautges Redpath, Ltd as the City's auditing firm. <br />