Laserfiche WebLink
Independent Audit (Continued) <br /> <br /> In addition, an audit was performed in accordance with the standards applicable <br /> to financial audits contained in Government Auditin~ Standards, issued by the <br /> Comptroller General of the United States, and the provisions of Office of <br /> Management and Budget Circular A-133, Audits of States, Local Governments, and <br /> Non Profit Organizations. The Report and Auditors' opinion may be found under the <br /> Overall Compliance, Internal Control, and Federal Awards Section of this report. <br /> <br /> The City was found to have administered each of its major federal awards programs <br /> in compliance in all material respects. <br /> <br /> Awards <br /> <br />The Government Finance Officers Association of the United States and Canada (GFOA) <br />awarded a Certificate of Achievement for Excellence in Financial Reporting to the <br />City of Paris for its comprehensive annual financial report (CAFR) for the fiscal <br />year ended September 30, 2001. The Certificate of Achievement is a prestigious <br />national award recognizing conformance with the highest standards for preparation <br />of state and local government financial reports. <br /> <br />In order to be awarded a Certificate of Achievement, a government unit must publish <br />an easily readable and efficiently organized comprehensive annual financial report, <br />whose contents conform to program standards. The CAFR must satisfy both generally <br />accepted accounting principles and applicable legal requirements. <br /> <br />A Certificate of Achievement is valid for a period of one year only. We believe <br />our current report continues to conform to the Certificate of Achievement program <br />requirements, and we are submitting it to GFOA. <br /> <br />Acknowled~ents <br /> <br />The preparation of this report could not have been accomplished without the full <br />support and efficient and dedicated efforts of the entire staff of the Finance <br />Department and the competent services of the independent auditors, McClanahan and <br />Holmes, PLLC, CPAs. I express my appreciation to all members of the Finance <br />Department who assisted and contributed to the completion of this report and to all <br />City Departments involved in the preparation of information for this report. In <br />addition, I express my appreciation to the Mayor, City Council, and City Manager <br />for their continuing interest and support in planning and conducting the financial <br />affairs of the City in a responsible and progressive manner. <br /> <br />Respectfully submitted, <br /> <br />w. E. Anderson <br />Director of Finance <br /> <br /> <br />