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Moss, Levy & Hartzheim LLP - ProposalCITY OF LA QUINTA PROPOSAL FOR PROFESSIONAL AUDITING SERVICES RFP For the Fiscal Years Ending June 30,2017 through 2019 (Optional Fiscal Years Ending June 30,2020 and 2021) I Submitted By: Moss, Levy & Hartzheim, LLP 5800'Hannum Avenue, Suite E Culver City, California 90230 Phone; (310) 670-2745 Fax: (310) 670-1689 Email: mlhbh@mlhcpas.com Submitted On: February 28,2017 Contact Person: Craig A. Hartzheim, CPA: Partner Ron A. Levy, CPA: Partner Hadley Y. Hui, CPA: Partner CITY OF LA QUINTA TECHNICAL PROPOSAL TABLE OF CONTENTS I I— Page Transmittal Letter ,1 Technical Proposal: n f Independence 1 License to Practice in California 1r Firm Qualifications and Experience,1 Partner, Supervisory and Staff Qualifications and Experience 6 Similar Engagements with Other Governments Entities 7 Specific Audit Approach ,9 Insurance 15 Identification of Anticipated Potential Audit Problems 15 Appendices: Appendix A - Current and/or Recently Completed Government Audits 16 Appendix B — Peer Quality Review Report 18 Appendix C — Resumes 19 Appendix D - References ,26 Appendix E - Segmentation and Budgeted Hours by Segment ,27 ,28Appendix F - Disadvantaged and Minority Business Certification ,29Appendix G - Insurance Certificate, I MOSS, LEVY & HARTZHEIM LLP CERTIFIED PUBLIC ACCOUNTANTS PARTNERS RONALD A LEVY, CPA CRAIG A HARTZHEIM, CPA HADLEY YHUI, CPA ALEXANDER C HOM. CPA ADAM V GUISE, CPA TRAVIS J HOLE, CPA GOVERNMENTAL AUDIT SERVICES 5600 HANNUM AVENUE, SUITE E CULVER CITY, CA 90230 TEL: 310.670.2745 FAX: 310.670,1689 www.mlhcpas.com COMMERCIAL ACCOUNTING & TAX SERVICES 433 N. CAMDEN DRIVE, SUITE 730 BEVERLY HILLS. CA 90210 TEL: 310.273.2745 FAX: 310.670.1689 www.mlhcpas.com Ms. Karla Campos, Finance Director/Treasurer City of La Quinta 78495 Calle Tampico La Quinta, CA 92253 Dear Ms. Campos, I We are pleased to respond to the Request for Proposal from the City of La Quinta (City) for independent professional auditing services. We have prepared our proposal to address each of the specifications included in the City’s Request for Proposal (RFP). After 59 years in public accounting and 39 years of performing local governmental and non-profit audits, it is extremely gratifying to witness the continued growth of Moss, Levy & Hartzheim, LLP. The firm is a regional fill! service public accounting firm with offices in Culver City, Beverly Hills, Santa Maria and clients throughout the State of California, as well as thirty-one other states. We and the entire staff are pleased with not only the continuing development of the firm but also the progress and economic health of our clients. We understand that governmental accounting is a specialized industry with its own accounting standards and requirements, and that is why we strive to constantly improve the quality of our professional services. This degree of dedication, coupled with our ability to inform our clients of any new accounting and auditing issues, is paramount to our success. We feel that our size is such that we are large enough to provide a broad spectrum of services and experience backed by an in-house training program, professional development courses, and an extensive professional library, yet not so large as to become impersonal and rigid. Our informal style allows us to be flexible enough to complete our engagements in a timely manner that is the most convenient for each client. Also, this style allows us to be more accessible to our clients when our clients have questions or concerns. Our firm offers many different services that distinguish us from other firms. We offer guidance and assistance throughout the year, not just during audit season. We are available for questions and minor research issues, including journal entry assistance, at no additional charge. Also, the engagement partner will be on-site for a majority of the fieldwork. This policy enables the partner to become acquainted with the City’s daily operations and key personnel. It is our understanding that we will perform an audit of the City’s basic financial statements, in accordance with auditing standards generally accepted in the United States of America as set forth by the American Institute of Certified Public Accountants, with the objective to express an opinion of the fair presentation of the City’s governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information, which will be in full compliance with the Governmental Accounting Standards Board (GASB) Statement No. 34 and the Government Finance Officers Association’s (GFOA) Blue Book. On the City’s basic financial statements, we will express an “in-relation-to” opinion on the combining and individual funds financial statements and supporting schedules based on the auditing procedures applied during the audit. 1 OFFICES: BEVERLY HILLS • CULVER CITY • SANTA MARIA MEMBER AMERICAN INSTITUTE OF C.P.A'S n CALIFORNIA SOCIETY OF MUNICIPAL FINANCE OFFICERS n CALIFORNIAASSOCIATION OF SCHOOL BUSINESS OFFICIALS We will also perform a single audit on the expenditures of federal grants in accordance with U.S. Office of Management and Budget (0MB), Title 2 U.S. Code Federal Regulation Part 200, Uniform Administrative Requirements, Cost Principle and Audit Requirements for Federal Awards Governments, and Nonprofit Organizations (Uniform Guidance) and test compliance with Single Audit Acts as amended in 1996, and applicable laws and regulations, if applicable. We will also perform an audit of the City’s Inmate Benefit Trust Fund and prepare the audit report. We will also prepare, edit and type all required reports and provide assistance to the City of La Quinta to submit the City’s Comprehensive Annual Financial Report (CAFR), as requested, for consideration of recognition for Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA). In addition to the procedures deemed necessary to express our opinion, on the basic financial statements, we understand that we will also be responsible for performing certain limited procedures involving the management’s discussion and analysis (MD&A) and the required supplementary information (RSI), as mandated by auditing standards generally accepted in the United States of America. Our audits would be conducted in accordance with auditing standards generally accepted in the United States of America; Government Auditing Standards, issued by the Comptroller General of the United States, including all applicable auditing standards issued by the American Institute of Certified Public Accountants; the provisions of the Single Audit Act Amendments of 1996; the U.S. Office of Management and Budget, Title 2 U.S Code of Federal Regulation Part 200, Uniform Administrative Requirements, Cost Principle and Audit Requirements for. Federal Awards (Uniform Guidance), and Nonprofit Organizations',and the rules and regulations for successor agencies as published by the California Office of the State Controller. It is our understanding that we will be responsible for issuing the following reports: Twenty (20) printed copies and of the audited CAFR; an independent auditor’s report on internal control over financial reporting and on compliance and other matters based on an audit of the basic financial statements of the City performed in accordance with Government Auditing Standards', report on the compliance with the Proposition 111, Article XIII-B of the California State Constitution and Government Code 7900 on its appropriations limit (GANN limit calculation); an independent auditor’s report on compliance with requirements that could have a direct and material effect on each major program and on internal control over compliance in accordance with Uniform Guidance, if applicable; a Single Audit report which includes a schedule of expenditures of federal awards, footnotes, findings and questioned costs including significant deficiencies and material weaknesses, if applicable; a report on Agreed-Upon procedures Applied to Appropriations Limit Worksheets; and the management letter which includes Statement on Auditing Standards (SAS) No. 114 and No. 115 letters. Additionally, a State Controller’s Report. All reports will be completed no later than DecemberlOth. of each year. All noncompliance and significant deficiencies found during the audit will be communicated in writing. The required reports on compliance and internal controls will communicate any significant deficiencies and noncompliance issues found during the audit. Significant deficiencies that are also material weaknesses will be identified as such in the report. Non-reportable conditions discovered will be reported in a separate letter to management, which will be referred to in the reports on internal controls. All irregularities and illegal acts or indications of illegal acts of which we become aware of during the course of our audit will be immediately reported, in writing, to the City Council, City Manager, City Attorney, and the Finance Director. Our firm, will keep informed the City, Housing Authority, Finance Authority and Successor Agency abreast of any new developments affecting municipal finance and reporting, impact on accounting and reporting should the State of California impose statement-mandated procedures impacts of Government Accounting Standards Board disclosure requirements, required changes in grant procedures, and the like with no exception. We will be responsible for retaining all working papers and reports, at our expense, for a minimum of seven (7) years, unless the firm is notified in writing by the City of La Quinta of the need to extend the retention period. We will make available all original working papers for examination, upon request, to the City of La Quinta or any federal and state agencies designated by the City. 11 Moss, Levy &, Hartzheim, LLP will perform the audit work within the specified time period, pending no unforeseen circumstances which the City imposes on our work, each year, the partner or manager of the firm will contact the City’s Finance Department to set up an entrance conference meeting, discuss the Prepared By Client (PBC) List and timing of the annual audit, to review any accounting issues known at that time, to provide our detailed audit plan, and to address any of the City’s personnel concerns about the impending audit. It is our experience, knowledge and professional staff that enable us to be The Best qualified firm to complete this engagement. During the final stages of the audit, we will perform all follow-up necessary to gather outstanding attorney confirmation letters to ensure the audit is finalized on the date due. I Moss, Levy & Hartzheim, LLP will be available additional forty (40) hours of exclusive time for research and assistance concerning accounting and other technical matters each year. Additionally, we will provide the necessary support for the City to continue receiving the Certificate of Achievement for Excellence in the years that follow. The percentage of the audit work we expect to accomplish in each month for the 2017 audit is shown below: May October November Total 30%50%20%100% This proposal for auditing services is an irrevocable offer until June P‘, 2017. Our Firm agrees will all the terms and conditions disclosed in the City’s RFP with no exceptions; if selected, we will obtain and provide all of the necessary requirements requested by the City. Thank you for your consideration and please do not hesitate to contact the authorized representatives listed below with any questions or concerns. (1) Craig A. Hartzheim, CPA Partner 5800 Hannum Avenue, Suite E Culver Ci^, CA 90230 (310) 670-2745 chartzheim@mlhcpas.com (2) Ron A. Levy, CPA Partner 2400 Professional Parkway, Suite 205 Santa Maria, CA 93455 (310) 922-2579 rlevy@mlhcpas.com (3) Hadley Y. Hui, CPA Partner 5800 Hannum Avenue, Suite E Culver City, CA 90230 (310)670-2745 hhui@mlhcpas.com Sincerely, Craig A. Hartzheim, CPA Partner Moss, Levy & Hartzheim, LLP is an Equal Opportunity Employer 111 CITY OF LA QUINTA TECHNICAL PROPOSAL INDEPENDENCE Moss, Levy & Hartzheim, LLP is independent of the City of La Quinta and its component units as defined by auditing standards generally accepted in the United States of America, the U.S. General Accounting Office’s Government Auditing Standards, the U.S. Securities and Exchange Commission, and all other authoritative bodies with standard or rule-making authority over the auditing profession. The firm uses checklists and questionnaires to determine that staff members are independent of each client being audited and each staff member signs a personal independence declaration prior to commencing work on an audit client. The partner in charge of the audit reviews all independence work papers prior to staffing each audit. Moss, Levy & Hartzheim, LLP has not entered into a professional relationship involving the City of La Quinta or its component units in the last five years. LICENSE TO PRACTICE IN CALIFORNIA Moss, Levy & Hartzheim, LLP is a properly licensed certified public accounting firm as of December 31, 2006, in the State of California, license #6998, as well as SBE/MBE certified. All certified public accountants engaged in the audit of the City of La Quinta are licensed to practice in the State of California and have received at least the minimum number of governmental continuing professional education hours required by the State Board of Accountancy and Government Auditing Standards to perform governmental audits. FIRM QUALIFICATIONS AND EXPERIENCE Moss, Levy & Hartzheim, LLP is a regional firm that performs audits of governmental and non-profit entities throughout the State of California, from the Oregon border to the Mexico border. For our governmental clients; we perform our audits in conformance with all GASB pronouncements, including GASB 34, we also prepare their Comprehensive Annual Financial Report (CAFR). Our firm also performs review and compilation engagements, as well as tax and consulting services to clients throughout the United States. The firm currently employs 28 professionals, all of whom are trained in governmental auditing, and has annual gross revenues in excess of $4 million dollars. The firm has three offices in California and serves clients in 31 states. The audit work will be completed by staff from our Culver City office. Work will be performed onsite at La Quinta and for some planning and wrap-up work, from the Culver City office. There will be no subcontractors. All work will be performed by MLH. MLH is a registered DBE and MBE. Documents are included as an appendix (Please see Appendix F) to this proposal. 1 CITY OF LA QUINTA TECHNICAL PROPOSAL FIRM QUALIFICATIONS AND EXPERIENCE (CONTINUED) The audit team will be as follows: City of La Quinta ; (rn Ron A. Levy, CPA, Partner (Technical ' Reviewer) Craig A. Hartzheim> CPA Partner Wilson Lam, CPA, j ',:cfe;cgfm | Manager 'V 'j David Ortiz Computer ,) li . SpecLalist . Edward Eisenhauer, CPA Senior Accountant I ■- . Staffs:- i Accountant'(s) , The Culver City office is currently staffed by six certified public accountants (three partners, two managers, and one senior accountant). In addition, the Culver City office employs twelve professional staff, consisting of managers, seniors, and staff accountants. All certified public accountants, managers, and senior and staff accountants are part of the governmental and non-profit audit practice. The City will have one partner, one manager, and one senior accountant assigned to the audit on a full time basis. In addition, one or two staff accountants will be assigned to the audit on a full-time basis. These employees will not be changed except due to unforeseen circumstances. It is the firm’s policy to have our partners and audit managers involved in the management function of our governmental audits. Having both the partner and audit manager involved in the engagement allows the City to receive immediate response to questions about accounting and audit topics, concerns, and findings. Our fi rm currently provides the following services: Audits: Governmental (cities, special districts, single audits, and school districts) Non-Profit Commercial Compliance Transient Occupancy Tax Employee Benefit Plans Accounting Services: Reviews Compilations Bookkeeping Payroll Taxes 2 CITY OF LA QUINTA TECHNICAL PROPOSAL FIRM QUALIFICATIONS AND EXPERIENCE (CONTINUED) Management Advisory Services (Non-Audit Clients): Data Processing Services Business Consultation • Pension and Profit Sharing Plan Assistance Acquisition and Mergers Income Tax Services: Preparation Planning Tax Audits and Negotiations with Internal Revenue Service and Other Taxing Authorities Please see Appendix A - Current and/or Recently Completed Governmental Audits for a list of current governmental audits performed by the firm. Please see Appendix B - Peer Quality Review Report for a copy of our firm’s July 22,2015 quality review report, which includes a review of governmental and non-profit engagements. Our firm has never been the object of any disciplinary action from any federal or state regulatory body or professional organization, nor is there any disciplinary action pending. The firm’s recent local similar auditing experience includes the following: CSMFO and GFOA Award Programs1. 1 The firm has or is currently auditing the following entities that have participated in and have received the CSMFO and/or GFOA Award Programs: City of Bellflower City of Brawley City of Calabasas City of Covina City of Culver City City of El Centro City of Eureka City of Fort Bragg City of Indio City of La Canada Flintridge City of Laguna Hills City of Lompoc City of Los Alamitos City of Pacifica City of Paso Robles City of Santa Maria City of Scotts Valley City of Tracy City of Watsonville City of Westlake Village City of Whittier City of Winters City of Yuba City County Sanitation Districts of Los Angeles County Los Angeles County Flood Control District Ross Valley Sanitary District 1 i Uniform Guidance We have performed compliance audits in accordance with Title 2 U.S. Code of Federal Regulation Part 200, Uniform Administrative Requirements, Cost Principle and Audit Requirementsfor Federal Awards (Uniform Guidance), for our municipal clients who are required to have compliance audits (which is the majority of our municipal clients) and for all of our school District clients. 2. I 3 CITY OF LA QUINTA TECHNICAL PROPOSAL FIRM QUALIFICATIONS AND EXPERIENCE (CONTINUED) The firm’s recent local similar auditing experience includes the following: (Continued) Federal and State Grant Programs and the Single Audit Each of our municipal clients, the majority of our special district clients, and all of our school district clients receive federal and state grants which require compliance audits, including American Recovery and Reinvestment Act grants. Some of our most commonly audited programs are as follows: Municipal Major Programs: Community Development Block Grant Funds (CDBG) Federal Emergency Management Act Funds (FEMA) Section 8 Housing Assistance Payments Transportation Enhancement Act (TEA) Airport Improvement Program (AIP) Economic Development Grants (EDA) Home Investment Partnerships Program (HOME) Capitalization Grants for State Revolving Funds Surveys, Studies, Investigations, and Special Purpose Grants Other Common Municipal Programs: COPS Grants (including LLEBG) Asset Seizure Funds Retired Senior Volunteer Program Other Major Programs: Senior Nutrition Programs Child Nutrition Programs Title I Title VI Migrant Education Vocational Education Special Education 3. I I 4.Non-profit agencies We have audited numerous non-profit agencies and have also prepared their federal and state tax returns. Currently, our firm performs audit and/or tax preparation services for sixty non-profit agencies. State Controller’s Report and Street Reports We have prepared State Controller’s Reports, Transit, and Street Reports for numerous cities, special districts, and redevelopment agencies. We feel this experience allows us to assist our clients in their preparation of the State Controller’s Reports or prepare the reports as a separate engagement for our clients. Investment Compliance In addition to financial statement audits, we also review our clients’ compliance with their investment policies and examine investment types, including, but not limited to, an evaluation of maturity dates (short-term or long-term), types and category, and collateral to ensure proper disclosure of risk in the basic financial statements. 5. 6. 4 CITY OF LA QUINTA TECHNICAL PROPOSAL FIRM QUALIFICATION AND EXPERIENCE (CONTINUED) The firm’s recent local similar auditing experience includes the following: (Continued) Bond Reporting7. The firm has assisted several cities in reviewing franchise financial statements as part of reviewing franchise requests for rate increases. In addition, the firm has performed transient occupancy audits for ten municipalities and has performed various audits of operating lease charges (such as use of a sewage treatment plant based on percentage of use by our client and actual expense as recorded by the treatment plant operator). 8.Other Audits The firm has recently concluded auditing lease agreements between the County of Los Angeles and a lessee for a period of 15 years. The firm has assisted several cities in reviewing franchise financial statements as part of reviewing franchise requests for rate increases. In addition, the firm has performed transient occupancy audits for eleven municipalities and has performed various audits of operating lease charges (such as use of a sewage treatment plant based on percentage of use by our client and actual expense as recorded by the treatment plant operator). The firm has also performed franchise audits of Comcast, AT&T, a local sports park, and others for municipal clients who have requested them. 9.School Districts Currently, our firm audits thirty-five school districts and related schools throughout the State of California, including three charter schools. We have also performed audits of student bodies for nearly all of our school district clients. 10.Special Districts Currently, our firm audits in excess of one hundred and seventeen special districts including sanitary districts, an open space district, the County Sanitation Districts of Los Angeles County (all 25 Districts), water districts, recreation districts, utility districts, cemetery districts, community services districts, fire districts, ambulance services districts, airport districts, and vector control districts. Joint Powers Authorities11. We have audited the following joint powers authorities (JPAs): County of San Diego — Emergency Services Organization Encina Wastewater Authority Exclusive Risk Management Authority of California North Coast Emergency Medical Services Public Agency Self Insurance System San Diego Geographic Information System Santa Barbara County Special Education Local Plan Area Joint Powers Agency Santa Barbara Water Purveyors Joint Powers Agency Tracy Area Public Facilities Financing Authority Transportation Authority of Marin West Contra Costa Integrated Waste Management Authority i 5 CITY OF LA QUINTA TECHNICAL PROPOSAL PARTNER, SUPERVISORY AND STAFF QUALIFICATIONS AND EXPERIENCE It is expected that Mr. Ron A. Levy, CPA would be the technical (concurring) partner in charge of the audit of the City. He will be responsible for reviewing the City’s basic financial statements and all other required statements and reports. He may also be responsible for addressing any City questions or concerns that arise during the year. He has assisted numerous municipal clients and has prepared award winning CAFRs. Mr. Craig Hartzheim, CPA will be the engagement partner assigned to the audit. As engagement partner, he will oversee the day-to-day operations of the audits, review all audit areas, and be on-site for a majority of the fieldwork. He has assisted many municipal clients and has also prepared numerous award-winning CAFRs. It is the firm’s policy during the first year on the audit engagement to have a partner on-site for a majority of the fieldwork. This policy enables the partner to become acquainted with the City’s daily operations and key personnel. Mr. Wilson Lam, CPA, CFE, CGFM will be the manager assigned to the audit. He will oversee the day- to-day operations of the audits and perform more difficult audit sections. n Mr. Edward Eisenhauer, CPA, Bin Zeng, Ricardo Rodriguez or Ricky Tzu-Wei Kuo will be the senior auditor assigned to the audit. As senior auditor, it will be his responsibility to oversee the staff accountants, do preliminary reviews of audit sections, and perform more difficult audit sections. Mr. David Ortiz will be the computer specialist assigned to the audit, when needed. Mr. Ortiz has extensive knowledge in auditing EDP functions. Mr. Ortiz may also perform the statistical sampling procedures for the audit and also document and test the internal control structure of the computer systems. In addition to the supervisoiy staff listed above, one or two staff accountants will be assigned to the audit. All staff accountants assigned to the audit have degrees from accredited universities, have received in- house governmental audit training, and at present, have at least one year of governmental auditing experience. All staff accountants will be directly supervised by the senior accountant and manager assigned to the audits at all times. All partners, managers, and staff members have worked on numerous governmental engagements together. Consistently working together will provide the City with a knowledgeable, proficient, and efficient audit team. Please see Appendix C - Resumes for each individual’s qualifications and experience. The firm conducts an annual firm-wide two-day training seminar to update all governmental auditors on new pronouncements and improved audit techniques. In addition to this firm-sponsored seminar, each governmental auditor attends the annual governmental accounting conference and many other continuing education courses and is updated on current accounting/auditing issues through our journals and supplements, which we receive on a regular basis. The firm will maintain staff continuity on the engagement throughout the term of the contract, barring any terminations, or other unforeseen circumstances (departure from the firm, promotion, or assignment to another office). At the written request of the City, any Moss, Levy & Hartzheim, LLP employee assigned to the audit can be removed and replaced by another qualified employee. The City retains the right to approve or reject replacements. 6 CITY OF LA QUINTA TECHNICAL PROPOSAL SIMILAR ENGAGEMENTS WITH OTHER GOVERNMENT ENTITIES Moss, Levy & Hartzheim, LLP has an extensive background in auditing governmental and non-profit entities with over thirty-nine years of experience in this specialized field. The firm currently performs thirty-eight municipal audits, over seventy-five special district audits, as well as the audit of the County Sanitation Districts of Los Angeles County (all 25 districts), and thirty-five school district and related audits. We have also recently completed monitoring of one hundred contractors for the County of Los Angeles, for contract compliance and fiscal monitoring. Additionally, we are also on the master lists and have signed master contracts with the County of San Diego and the County of Los Angeles for Compliance and Financial Audits. The following are the most significant engagements performed in the last three years that are similar to the engagement described in the Request for Proposal (RFP): CITY OF CULVER CITY Audit of basic financial statements, former Redevelopment Agency, Single Audit, Municipal Bus Line, REAC Report, and prepared City, former RDA, and Transit State Controller Reports CAFR prepared in accordance with GAAP Received GFOA Certificate of Achievement in Financial Reporting 2011 to 2015 Engagement Partner - Craig A. Hartzheim, CPA 800 Hours Contact: Jeff Muir, (310) 253-6016 CITY OF TRACY Audit of basic financial statements, former Redevelopment Agency, and Single Audit Report CAFR prepared in accordance with GAAP Received GFOA Certificate of Achievement in Financial Reporting 2004 to 2014 Engagement Partner-Hadley Y. Hui, CPA 600 Hours Contact: Robert Harmon, (209) 831-4125 CITY OF COVINA Audit of basic financial statements, former Redevelopment Agency, and Single Audit Report CAFR prepared in accordance with GAAP Received GFOA Certificate of Achievement in Financial Reporting 2013 to Present Engagement Partner - Craig A. Hartzheim, CPA 600 Hours Contact: Anita Agramonte, (626) 384-5516 CITY OF YUBA CITY Audit of basic financial statements, former Redevelopment Agency, and Single Audit Report Prepared the City’s State Controller Report and Street Report CAFR prepared in accordance with GAAP Received GFOA Certificate of Achievement in Financial Reporting 2008 to Present Engagement Partner - Ron A. Levy, CPA 600 Hours Contact: Robin Bertagna, (530) 822-4615 7 i CITY OF LA QUINTA TECHNICAL PROPOSAL SIMILAR ENGAGEMENTS WITH OTHER GOVERNMENT ENTITIES (CONTINUED) The following are the most significant engagements performed in the last three years that are similar to the engagement described in the Request for Proposal (RFP): (Continued) CITY OF EL CENTRO Audit of basic financial statements, former Redevelopment Agency, Single Audit Report, GANN Limit, and prepared the City’s State Controller Report CAFR prepared in accordance with GAAP Received GFOA Certificate of Achievement in Financial Reporting 2007 to Present Engagement Partner - Hadley Y. Hui, CPA 500 Hours Contact: Leticia Salcido, (760) 773-4573 Please see Appendix D - References for a list of five references that are similar to the engagement as described in the RFP. I 1 8 CITY OF LA QUINTA TECHNICAL PROPOSAL f SPECIFIC AUDIT APPROACH Overview of the MLH Audit Process fe#:||anning. Ms*' Ilf %<»La • Before Fiscal Year-End r-iaBlM ppra udlKis K^lseisifi en? T. ’Hi [U Ks mhA lira w *; ..ertnination.or;SarnpJ(ng!De AuditiRr.ogram'Developmentit*®, ^pproacKlbasedlon/nskiX-®^^!-5w»iWfi=.»w w*k'Virc-^«r-r ifew-3Massessmerits completedfforiT^ ^K^f;tf^status|fineeting^s^yw/» it r 'iwci riltS Sei ( I ■Sfl f k«Obtaihiauditxonf]nnatlonsty.® i? .V A-,^ -4x3K■SubstantlveJ.tests^o^account^,1S lu ats «fa i r n 6 ss >o f .resultslin compansonjwltli .Kf.*'!9i :• Before Fiscal Year-End I I I u af eBO|®ng?i fifin^ialli^k ;tatus5rifeetiifg^ftp !!?mnft; _J • After Fiscal Year- End ■>/!ll« k#L_ MT I *iSt BJ m g]w mtinternalxoit I Hi >«tiCl I During the first year of the new engagement, we will utilize the prior year’s financial statements, the current year’s budget, and acquire knowledge of the City’s systems to determine materiality for the different audit sections. Each year, we will select a sample of transactions to determine to what extent the systems are functioning as described to us. assessment of the internal control structure and the results of our assessment in accordance with Government Auditing Standards. Please see Appendix E — Segmentation and Budgeted Hours by Segment for a schedule of the level of staff and number of hours to be assigned to each segment of the engagement. The extent of our sample size will depend upon our i 9 CITY OF LA QUINTA TECHNICAL PROPOSAL SPECIFIC AUDIT APPROACH (CONTINUED) The selection of transactions for testing will be made using a combination of random, systematic, and haphazard sampling techniques. We will identify the strength of the systems upon which we can rely in planning our substantive tests. Our internal control review will meet all of the following requirements of AICPA: Statement on Auditing Standards (SAS) No. 55, Consideration of the Internal Control Structure in a Financial Statement Audit, as amended by SAS No. 78; SAS No. 99, Consideration of Fraud in a Financial Statement Audit; SAS No. 106, Audit Evidence', SAS No. 107, Audit Risk and Materiality in Conducting an Audit', SAS No. 108, Planning and Supervision',SAS No. 109, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement', and SAS No. 110, Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained. It is estimated that the sampling size for transaction testing for compliance with systems as actually implemented would be as follows: 1. Minimum of 60 disbursement items, including automatic and manual checks and bank debits. II. Minimum of 20 - 40 payroll checks, including direct deposits for payroll testing, depending on the number of employees. III. Minimum of 40 - 60 receipt items. We have extensive knowledge in auditing computer systems. We have assisted numerous clients with the implementation of accounting software and database business systems. This assistance has provided our firm with a thorough background in computer systems with respect to both the software applications aspect and also insight into auditing such systems. It is our policy to have a computer specialist as part of the audit team and to be used on an as-needed basis. This individual assists the audit team in documenting the computer system internal control structure and highlighting strengths and weaknesses relating to the computer structure of the City. In addition, all of our staff is equipped with networked laptop computers. These computers are equipped with not only word processing and spreadsheet capabilities, but also various functional software, such as PPC Audit - e-Tools, Creative Solutions Accounting, Adobe Acrobat, random sampling software, Lacerte Tax Program, and Easy Accounting Software, which contain amortization programs and depreciation programs, and other applications as well (including the Governmental Accounting Research System which includes all GASB publications). We will perform expectation analytics and preliminary analytical review procedures using the prior fiscal year’s audited statements and the current fiscal year’s budget. In the preliminaiy stage, we will adopt ratio analysis procedures to compare the relationships between account balances and classes of transactions between prior periods and against budgets and industry statistics. This may include budgets, trial balances, and/or draft financial statements to help us identify the source of individual fluctuations. We will then adopt trend analysis to compare current data with prior periods, which is particularly useful for analyzing revenue and expenditures. Any unexpected trends or deviations will be discussed with relevant City staff to obtain explanations. 10 CITY OF LA QUINTA TECHNICAL PROPOSAL SPECIFIC AUDIT APPROACH (CONTINUED) The chart below shows some of MLH’s preliminary audit procedures: Go over timing and planning with Management Set meetingNone Standard required communicationsDiscuss any matters with predecessorLetter Visit sites and go through internal controls, such as the legal court, parks and recreation, fire, police, transit, etc. Set location site visitsInternal control memos Analyze budget-to-actual variances. Look at capital projects, status of property tax assessments as part of the focus Obtain budget and budget amendments Ensure budgetary compliance Ensure grant compliance Analyze grantsObtain grant documents, any service concession agreements Analyze policies and proceduresObtain policies and procedures Evaluate effectiveness of policies, updates and relate to key compliance matters Analyze internal controls, including computer controls Obtain client internal control memos of client if they exist Evaluate internal controls Short interviews of accounting and selected operating personnel for documentation of process Set preliminary "materiality" limitsObtain prior year financials Determine which items are important for testing Testing of cash receipts, cash disbursements, and payroll transactions Obtain appropriate schedules Ensure effective procedures Analyze important events highlighted in Council meetings, test and inquire as necessary Obtain Council minutes Ensure knowledge of key government communication, Look for major agreements and key decisions Client to prepare letters and auditor to send letters Draft confirmations-third party letters for Independent verification of cash, property taxes, attorney, etc. for client to sign and auditor to mail Independent verification of selected balances Meet with client and agree upon document request list for audit Develop document request list for client to review and agree upon To clarify client - auditor requests Perform selected testing on balances such as receipts, disbursements, and payroll Ensure preliminary results make sensePreliminary trial balance Audit selected components of any new reports and changes for compliance Discuss 6ASB 68 and any changesObtain updates on retirement plans Scan ledgers and accounts for accounting propriety Minimize client interruptions and view transactions Request screen view access only for computer analysis Focus on controls where the risk assessment of material misstatement of cash, card and internet transactions could occur Site visitationsConsider site visitations on areas where there are significant cash, card, deposits and billing controls, internet site controls Discuss with client, prepare attorney letters for confirmation and response Obtain and prepare long term debt schedules Send legal letters, talk with client, review disclosures Look for commitments, contingencies and disclosure Legal bills, key litigation Analyze for disclosure and complianceObtain long-term debt Ensure auditing standards are applied for proper accrual and disclosure Commitments and Contingencies 11 CITY OF LA QUINTA TECHNICAL PROPOSAL SPECIFIC AUDIT APPROACH (CONTINUED) We will also review the following documents in order to determine compliance with applicable laws and regulations: Minutes of the governing body with special attention to: indications of new revenue sources, including federal and state grants; expenditure/expense authorizations and related appropriations, including any special or restrictive provisions; appropriation transfers; authorization for bank or other debt incurred; awards to successful bidders; authorization for new leases entered into; changes in licenses, fines, or fees; authorization for fund balance commitments or assignments; and authorization for significant new employees. New agreements and amendments to agreements including, but not limited to: grant agreements; debt and lease agreements; labor agreements; joint venture agreements; disposition and development agreements; and other miscellaneous agreements. Administrative Code Investment Policy 1. 2. 3. 4. The main extent of our work would be what is required to enable us to express an opinion on the basic financial statements in accordance with: AICPA Industry Audit Guide for State and Local Governmental Units AICPA A udit Standards National Committee on Governmental Accounting, Auditing and Financial Reporting (Amended) Publication Laws of the State of California Requirements of Title 2 U.S Code of Federal Regulation Part 200, Uniform Administrative Requirements, Cost Principle and Audit Requirements for Federal Awards (Uniform Guidance). GAO Standards for Audit of Governmental Organizations, Activities and Functions, the Guidelinesfor Financial and Compliance Audits of Federally Assisted Programs Our firm’s own additional standards and procedures The audit will be conducted in accordance with auditing standards generally accepted in the United States of America. The primary purpose of the audit is to express opinions on the basic financial statements, and such an audit is subject to the inherent risk that material errors or fraud may exist and not be detected by us. If conditions are discovered which lead to the belief that material errors, defalcations, or fraud may exist, or if any other circumstances are encountered that require extended services, we will promptly advise the City. If convenient for the City’s staff, the approximate target dates for the fiscal year 2017 audit would be as follows: 1. 2. 3. 4. 5. 6. 7. Entrance conference and Interim fieldwork - Week of May IS'** Exit conference - May 19'*' Year-end fieldwork - Week of October 2"*^ & 9'’* Exit conference - October 13‘*’ Draft management letter, financial statements, and other audit reports - No later than November 20”' Final management letter, financial statements, and other audit reports - No later than December 10* Presentation to Audit Committee, City Council & Budget, and Finance Commission - Open 1. 2. 3. 4. 5. 6. 7. 12 CITY OF LA QUINTA TECHNICAL PROPOSAL SPECIFIC AUDIT APPROACH (CONTINUED) Each year, the partner or manager of the firm will contact the City’s Finance Department to set up an entrance conference meeting. The purpose of this meeting will be to discuss the scope and timing of the annual audit, to review any accounting issues known at that time, to provide our detailed audit plan, and to address any of the City’s personnel concerns about the impending audit. During the first year of the engagement, we will prepare narrative flow charts and other documentation of the internal control structure and of the major systems, such as revenue and cash receipts, purchasing and cash disbursements, payroll and personnel, inventory, property and equipment, grant compliance, investment activities, and the budget process. We will obtain our information through discussions with appropriate City staff and the review of available documented policies, organizational charts, manuals, programs, and procedures. Once we obtain'this information, we will evaluate the systems of internal controls and revise our standard governmental audit programs. Before year-end fieldwork, we will discuss with the City any assistance the City may need with the year- end closing. Our year-end fieldwork would begin on October 2““*. The year-end audit work would begin with an analytical review of all significant balance sheet and revenues and expenditure/expense accounts for each fund, which includes substantive tests on all balance sheet accounts. Analytical procedures will be used to supplement the substantive tests, not supplant them. We will perform analytical procedures during interim and year-end fieldwork on all balance sheet and revenue and expense/expenditure accounts. The primary objective of the year-end audit work is to audit the final numbers that will appear in the City’s basic financial statements. Our fieldwork would also consist of procedures required under SAS No. 99, Consideration of Fraud in a Financial Statement Audit. We will perform procedures such as: Confirmations by positive and negative circularization including but not limited to all cash and investment accounts; selected receivable and revenue balances; all bonds, loans, notes payable, and capital leases; all notes receivable; all insurance carriers; all legal firms employed on the City’s business; and other miscellaneous confirmations deemed necessary Physical verifications and observations Analysis and review of evidential material Interviews and investigative efforts Electronic data processing testing for computer and software reliability Numerous other procedures During the entire engagement, our audit team will be determining whether the audit is in compliance with Uniform Guidance, and if this is required through review of the City Council minutes, examination of the general ledger, and discussion with finance personnel. If a compliance audit is required, we would perform tests of: specific requirements; claims for advances and reimbursements; and amounts claimed or used for matching in compliance with the Single Audit Act. The compliance audit will be conducted in accordance with auditing standards generally accepted in the United States of America, the GAO Standards for Audits of Governmental Organizations, Programs, Activities, and Functions, and the GAO Guidelines for Financial and Compliance Audits of Federally Assisted Pro^ams. The year-end fieldwork should be completed no later than October IS***. (a) (b) (c) (d) (e) (f) 13 CITY OF LA QUINTA TECHNICAL PROPOSAL SPECIFIC AUDIT APPROACH (CONTINUED) The chart below shows some of MLH’s final audit procedures: Tf^' Entrance conferenceSet TimingNone Set visitation of locations such as Courts, Parks and Rec, Transit, etc. Cash and other controls testing Review and start risk assessmentPoiicies and procedures Analyze records and update anaiytical procedures Ensure proper closing of booksObtain updated generai iedger Update understanding of internal controls and document key changes Re-evaluate internal controls. Assess risk and dollar significance, brainstorm, look at IT controls Obtain internal control memos, if there are any changes- all key locations Implement significant changes in financial reporting methods Ensure improvement in financial reportingObtain prior GFOA CAFR comments Apply auditing proceduresTo commence audit properly on fi nal numbersObtain and further agree upon audit schedules as agreed upon in the contract andRFP Work on current year GASB 34 presentations Obtain/prior year GASB 34 conversion entries /prepare GASB 34 Entries Ensure that ail GASB 34 conversion entries are proper Obtain capital asset documents and update for impairments Analyze capital asset ledgers Review or updates from preliminary and analyze for Impairment Test schedules of credit agreementsAnalyze credit agreementsContracts and agreements Look at selected billings and revenue agreements Look for proper accruals and revenue payments Journal entries and post-closing Confirm balances and analyze for proper accruals as necessary Risk Management Determine coverage Discuss and analyze internal service cost allocations Internal service allocation proprietyCost allocations Analyze allocations as necessary from client calculations and documents Ensure agreement complianceAllocation agreements Read documents and necessary update Review for any needed updates, GASB 68Obtain OPEB and PERS documents Test bond compliance and obtain bond ratings Bond complianceBond agreements Analyze significant contributions for compliance Contributions Compliance' Match to year-end books and records and reconcile to accounts Independent verification of accountsThird party letters I Hold timely status meetings with the client Ensure proper audit processNone Post as necessary with clientAdjusting entries, and any possible management points Obtain client agreement Attend finance and board meetingsCompliance with contract and governanceNone Read MDStA, prepare financials, reports and read supplementary information Ensure documents match, are consistent and appropriately completed MO&A, prepare financials, reports and supplementary Information The Governmental Accounting, Auditing and Financial Reporting (GAAFR), issued by the Government Finance Officers Association (the “Blue Book”) and other GFOA publications are often used as additional tools when preparing and reviewing the financial statements of our governmental clients. The. firm has and uses its extensive library of current AICPA, GFOA, and GASB publications and pronouncements. 14 CITY OF LA QUINTA TECHNICAL PROPOSAL SPECIFIC AUDIT APPROACH (CONTINUED) As part of our audit engagements we issue our clients management letters if we note certain observations or recommendations that we feel need to be disclosed. Our firm’s philosophy regarding the management letter is that the management letter is to help management improve its internal control and accounting procedures and not to criticize the management in charge. This is why we present our management letters to management in draft form for open discussion prior to issuance. The workpapers for this engagement are the property of Moss, Levy & Hartzheim, LLP and constitute confidential information. However, we may be requested to make certain workpapers available to any Cognizant Agency pursuant to authority given to it by law or regulation, any parties designated by the federal or state governments or by the City as part of an audit quality review process, and other audits of entities of which the City is a sub-recipient of grant funds or component unit. INSURANCE Moss, Levy & Hartzheim, LLP will maintain at least the minimum insurance requirements as dictated by the City’s Consulting Services Agreement (Agreement) during the entire duration of the engagement. If selected to provide audit services, within 10 days from the execution of the Agreement, Moss, Levy & Hartzheim, LLP shall furnish the City satisfactory evidence of the insurance requirement and evidence that each carrier is required to give at least 30 days prior written notice of the cancellation. The City shall be named additional insured under Moss, Levy & Hartzheim, LLP’s policies as noted in the Agreement. Please see Appendix G - Insurance Certificate. IDENTIFICATION OF ANTICIPATED POTENTIAL AUDIT PROBLEMS We do not anticipate any problems with the audit. The City Council, City Manager, City Attorney, and the Finance Director will be immediately notified in writing of any fraud, other illegal acts, or indications of illegal acts found during the course of our work. All other discrepancies or weaknesses in the internal control system that we become aware of will be communicated to management through discussion, the management recommendation letter, and/or if it is a reportable condition, as part of the single audit report, if necessary. Minimal assistance of the City’s staff is required during the course of the audit; however, we do ask that the City provide the following: cooperation in answering questions, requested confirmations, bank reconciliations, a general ledger, and other items as requested. Under penalties of perjury, I declare that I am an authorized signer and that there are no, and have never been any financial interests between any officials or employees of the City of La Quinta and Moss, Levy & Hartzheim, LLP. Respectfully submitted. Craig AfHartzheim, CPA Partner Moss, Levy & Hartzheim, LLP is an Equal Opportunity Employer 15 CITY OF LA QUINTA APPENDIX A - CURRENT AND/OR RECENTLY COMPLETED GOVERNMENTAL AUDITS FIRE PROTECTION DISTRICTS Cayucos Fire Protection District, CA Lakeport Fire Protection District, CA Orcutt Fire Protection District, CA COUNTIES Los Angeles County, CA (Master List) San Diego County, CA (Master List) SANITATION DISTRICTS Carpinteria Sanitation District, CA Cayucos Sanitation District, CA County Sanitation Districts of Los Angeles County, CA -All 25 Districts Encina Wastewater Authority, CA Montecito Sanitation District, CA Orange County Sanitation District, CA - Internal Audits Ross Valley Sanitaiy District, CA Triunfo Sanitation District, CA OTHER DISTRICTS Beach Cities Health District County ofSan Diego Emergency Services Organi2ation County of San Diego First 5 Commission County ofSan Diego In-Home Supportive Services Public Authority County ofSan Diego Health and Human Services Agency Child Development Program Grant County ofSan Diego MIOCR Grant County ofSan Diego RLETC Grant County ofLos Angeles Delta Sigma Theta, Head Start Program, Inc. County ofSan Diego DA Office ofAuto Ins. Fraud Grant, Urban Auto Fraud Grant, WC Ins Fraud Grant Los Angeles County Flood Control District Marin/Sonoma Mosquito and Vector Control District Peninsula Health Care District San Diego Geographic Information Source Tracy Area Public Facilties Financing Agency West Contra Costa Integrated Waste Management Authority UTTLITY DISTRICTS Georgetown Divide Public Utility District WATER/IRRIGATION DISTRICTS Aldercroft Heights County Water District, CA Foothill Municipal Water District, CA Main San Gabriel Basin Watermaster, CA Marina Water District, CA North Marin Water District, CA Sweetwater Springs Water District, CA Valley County Water District, CA Valley ofthe Moon Water District, CA TRANSPORTATION DEVELOPMENT ACT Arroyo Grande, CA Brawley, CA Calexico, CA El Centro, CA Grover Beach, CA Holtville, CA Paso Robles, CA San Luis Obispo County and Cities Area Planning Council: Local Transportation Fund State Transit Assistance Fund South County Area Transit, CA South County/San Luis Obispo Transit, CA Transportation Agency for Monterey County, CA Transportation Authority of Marin Association ofMonterey Bay Area Governments Santa Cruz Regional Transportation Commission AMBULANCESERVICES DISTRICT Cambria Community Healthcare District North Coast Emergency Medical Services CEMETERY DISTRICTS Arroyo Grande Cemeteiy District, CA Atascadero Cemeteiy District, CA Gridley-Biggs Cemetery District, CA San Miguel Cemetery District, CA Santa Maria Cemetery District, CA COMMUNITYSERVICES DISTRICTS Cambria Community Services District, CA Cuyama Community Services District, CA Groveland Community Services District, CA Heritage Ranch Community Services District, CA Los Alamos Community Services District, CA Nice Community Services District, CA Rancho Murieta Community Services District, CA Santa Ynez Community Services District, CA Varidenberg Village Community Services District, CA I TRANSIENT OCCUPANCYTAX AUDITS Represented the following municipalities and/or counties in the audit ofthe hotel "bed tax" records: RECREATION AND PARK DISTRICTS Conejo Recreation and Park District, CA Isla Vista Recreation and Park District, CA Mountains Recreation and Conservation Authority, CA Rancho Simi Recreation and Park District, CA Hayward Recreation and Park District, CA BUILDING AUTHORITY County ofSan Diego Regional Building Authority, CA Pismo Beach, CA Santa Maria, CA South Lake Tahoe, CA Whittier, CA Ojai, CA Arroyo Grande, CA Bellflower, CA Bishop, CA Calexico, CA Carmel, CA 16 CITY OF LA QUINTA APPENDIX A - CURRENT AND/OR RECENTLY COMPLETED GOVERNMENTAL AUDITS CITIES AND REDEVELOPMENT AGENCIES Adelanto, CA Arcadia, CA Arroyo Grande, CA Atascadero, CA Buellton, CA Calabasas, CA California City, CA Carmel-by-the-Sea, CA Covina, CA Culver City, CA Dinuba, CA El Centro, CA Eureka, CA Greenfield, CA Grover Beach, CA Holtville, CA Hughson, CA Indio, CA La Canada Flintridge, CA La Habra Heights, CA La Mirada, CA Los Alamitos, CA Morgan Hill, CA Ojai, CA Paso Robles, CA Santa Maria, CA Signal Hill, CA Taft, CA Watsonville, CA Westlake Village, CA Windsor, CA Yorba Linda, CA Yuba City, CA SCHOOLDISTRICTS Acton-Agua Dulce Unified School District Ballard School District Bellflower Unified School District Beverly Hills Unified School District Blochman Union School District Bradley Elementary School District Buellton Union School District Calaveras County Schools Calexico Unified School District Calipatria Unified School District Carpinteria Unified School District Casmalia School District Castaic Union School District Cayucos Elementaiy School District Coast Unified School District Cold Springs School District College Elementary School District Eastside School District El Segundo Unified SchoolDistrict Garvey SchoolDistrict Goleta Union School District Graves SchoolDistrict Heber School District Hughes-Elizabeth Lakes Union SchoolDistrict Keppel Union School District Lancaster School District Magnolia Union School District Manhattan Beach Unified SchoolDistrict Mark Twain Union Elementary SchoolDistrict Meadows Union SchoolDistrict Mission SchoolDistrict Monrovia Unified SchoolDistrict Montecito Union SchoolDistrict Mulberry SchoolDistrict Novato Unified SchoolDistrict Orcutt Union School District Pacific Unified School District Palmdale SchoolDistrict Pleasant Valley Union School District San Ardo Elementary School District San Lucas SchoolDistrict San Miguel Joint Union School District Santa Maria Joint Union High School District Shandon Unified SchoolDistrict Solvang Elementary SchoolDistrict Temple City UnJted School District Torrance Unified School District Vallecito Union SchoolDistrict Westmoreland Elementary SchoolDistrict Wilsona School District I PUBLIC FINANCING AUTHORITIES The majority of our Municipalities issue debt and do so through an established Public Financing Authority. OTHER SCHOOL ENTITIES Academia Semillas del Pueblo Charter School Albert Einstein Academy Antelope Valley Schools Transportation District Bright Star Secondary Charter Academy East Bay Regional Occupational Program Garr Academy ofMathematics and Entrepreneurial Studies Pacoima Charter School Santa Ynez Valley Charter School Southern California Regional Occupational Center Stella Middle Charter Academy Synergy Charter Academy Tri-Valley Regional Occupational Program 17 CITY OF LA QUINTA APPENDIX B - PEER QUALITY REVEW REPORT Our Peer Review included reviews of governmental (including municipalities & school districts) and non profit engagements. In the past three (3) years our firm has not been required to submit under any Federal or State desk review or field review of our audits. Jmjip C. P«>t: IlCrA(R<i.) Pfilricl; D. SpoflorJ, CPAPo\vaL& SpArnoRD. IMG iu C-tUfnli fkiwl J AiCCRUrifD PUBLIC ACCOUfrA^rS System Reviesv Report To llic Partners of Moss, Levy & Harlzhcim, LLP and the Peer Review Committee of ilic CaliTomta Society of CPAs Wc have reviewed tlic System ofquality control for the accounting and auditing practice of Moss, Levy & Hnrtzlicim, LLP (the firm) in effect for the yciir ended December 31,2014. Our review was conducted in accordance witfi standards for Perfonning and Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public Accounlnnts. As a part of our peer review, wc considered reviews by regulatory entities, if applicable, in determining the nature and c.xtcnt of our procedures. The firm is responsible for designing a ^slcm of quality control and complying with it to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Our responsibility is to express an opinion on the design of the system of quality control and the firm’s compliance therewith based on our review. Tlic nature, objectives, scope, limitations of, and the procedures pcrromicd in a System Review are described in the standards at vv\vw.aicpa.ora/prsuminnrv. As required by the standards, engagements selected for review included cngagemenis performed under Governmenl/iudiling Standards and audits of employee benefit plans. Wc noted the following deficiencies during our review: 1. Deficiency — The finn docs not have quality control policies and procedures to address the fonn and content of workpaper documentation or a related file review process by the engagement partner for its audit engagements, including audits of employee benefit plans and audits subject to Goveriment Auditing Standards, As a result, wc noted documentation deficiencies on the engagements reviewed in the following areas: I) compliance payroll testing for an ERISA audit engagement; 2) proper testing of certain major program compliance requirements, low risk determination and fraud • considerations; 3) the 80 hour requirement for engagements perfonned under Government Auditing Standards was not met for certain cng.ngcmcnt team niembers; and 4) lock down of audit files. TIic finn also did not perform rinimal monitoring that properly covered all areas of quality control. There were docimicntation issues noted in the firm's previous peer review. Tlic firm will perform the required procedures when subsequent engagements ore perfonned, which is imminent. ' Recommendation - Wc recommend that tlic film modify its current policies and procedures to include a mcclmnism for assuring the firm's documentation Is properly prepared, reviewed and included in the work files. The firm should also expand on its monitoring procedures to co\‘cr these areas. In our opinion, except for the deficiency described above, the system of quality' control for the accounting and auditing practice of Moss, Levy & Hartziieim, LLP in effect for the year ended December 31,2014, has been suitably designed and complied with to provide (he firm with reasonable assurance of performing and reporting in conformi^ with applicable professional standards In all material respects. Firms can receive a rating ofpass, pass with deficiency (ies) os fail. Moss, Levy & Hartzhcim, LLP hns received a peer review rating of pass with deficiencies. July 22.2015 • P.O.DcxSE.J7 • RXmkCA 93373 909-79?..IS'53 « r'a-.9Cy-793-3-015 447^'lI 18 CITY OF LA QUINTA APPENDIX C - RESUMES Ron A. Levy, C.P.A. - Partner • California licensed C.P.A. with 39 years of audit experience with governmental and non profit entities • Technical partner (concurring) in charge of all governmental and non-profit audits, currently including 38 municipal audits, 75 special district audits, and 35 school district and related audits • Has assisted governmental clients with year-end closing, key position interviews, preparation of award winning CAFRs, and preparation of State Controller’s Reports • Has met or exceeded all continuing education requirements, including recent courses in the following: 2016, 2015, and 2014 Governmental Accounting Conference 2016, 2015, and 2014 School District Conference GASB 34 Training Seminars Planning a Governmental Audit Engagement Auditor‘s Reports on Audits of Local Governments Governmental Accounting Update Audits of State and Local Governments Compliance Auditing, Audit Sampling, and Concluding the Audit The Single Audit Act • Member of the following: American Institute of Certified Public Accountants California Society of Municipal Finance Officers California Society of Certified Public Accountants California Association of School Business Officials Kiwanis Club • Bachelor of Science degree from Oregon State University, was conferred in 1977 • Taught accounting courses at a branch of La Verne College and Chapman College • Knowledgeable in all areas of tax law including non-profit tax issues • Mr. Levy’s ancestry is of Hispanic descent 19 CITY OF LA QUINTA APPENDIX C - RESUMES Craig A. Hartzheim, C.P.A. - Partner • California licensed C.P.A. with 32 years of audit experience with governmental, non profit, and commercial entities • Engagement partner for governmental and non-profit audits (Culver City office) including 15 municipal audits, 40 special district audits (including Los Angeles County Flood Control District and the County Sanitation Districts of Los Angeles County), and 12 school districts and related audits • Has assisted governmental clients with year-end closings, key position interviews, preparation of award winning CAFRs, and preparation of State Controller’s Reports • Has met or exceeded all continuing education requirements including recent courses in the following: 2016, 2015, and 2014 Governmental Accounting Conference 2016, 2015, and 2014 School District Conference Single Audits ofGovernmental Entities Preparing Governmental Financial Statements Yellow Book, Government Auditing Standards GAAS Guide Other Comprehensive Basis of Accounting (OCBOA) Statements Audit Standards update Implementing SAS112 and 114 Fraud in Audits Auditing update • Bachelor of Science degree in Accounting from Marquette University, was conferred in 1982 • Member of the following: American Institute of Certified Public Accountants California Society of Certified Public Accountants • Knowledgeable in all areas of tax law including non-profit and payroll tax issues 20 CITYOFLAQtJINTA APPENDIX C - RESUMES Hadley Y. Hui, C.P.A. - Partner • California licensed C.P.A. with 18 years of audit experience with governmental, non profit, and commercial entities • Partner in charge of 10 municipal audits, 26 special district audits, 8 special audits for the County of San Diego, and 20 school districts and related audits • Supervisor for the CSS and DPSS Monitoring Projects for Los Angeles County • Has met or exceeded all continuing education requirements including recent courses in the following: 2016, 2015, and 2014 Governmental Accounting Conference 2016, 2015, and 2014 School District Conference Fraud in Audits Risk-Based Auditing Part 1, Part 2 Accounting and Auditing Update Guide to Auditing Control Course 1, Course 2 • Extensive knowledge of database systems, networking, and various accounting software I • Bachelor of Arts degree in Economics with a minor in Accounting from University of California - Los Angeles, was conferred in 1997 • Member of the following: American Institute of Certified Public Accountants California Society of Certified Public Accountants 21 CITY OF LA QUINTA APPENDIX C - RESUMES Wilson Lam, C.P.A., C.F.E., C.G.F.M. - Manager • California licensed C.P.A. with 10 years of audit experience with governmental, profit, and commercial entities • Auditor for 4 special district audits, 3 municipal audits, and 9 school district audits • Has met or exceeded all continuing education requirements including recent the following: cours non es in 2016, 2015, and 2014 Governmental Accounting Conference 2016, 2015, and 2014 School District Conference 2016 and 2015 Single Audit Compliance GASB 34 Training Seminars Auditors ’ Responsibilitiesfor Detection of Fraud Internal Control and Fraud in Governmental Engagements Government Auditing Standards - Yellow Book Implementing SAS112 & 114 Advanced Fraud Techniques Grants Management Risk-Based Auditing Part 1, Part 2 2016 Accounting and Auditing Update Guide to Auditing Control Course 1, Course 2 • Bachelor of Arts in Accounting and Finance from California State University - Fullerton, was conferred in 2005 Edward R. Eisenhauer, CPA— Senior Accountant • California licensed CPA with 31 years of experience, and 10 years of audit experience with governmental, non-profit, and commercial entities • Auditor for 12 municipal and audits 3 special district audits • Has met or exceeded all continuing education requirements including recent-courses in the following: 2016, 2015, and 2014 Governmental Accounting Conference 2016, 2015, and 2014 School District Conference Accounting and Auditing Standards Update: Risk Assessment Standards Advanced Audit Standards Workshop: Understanding Risk Assessment GAAS Update Auditors ’ Responsibilitiesfor Detection of Fraud Internal Control and Fraud in Governmental Engagements Government Auditing Standards - Yellow Book Implementing SAS 112 & 114 Advanced Fraud Techniques Grants Management • Bachelor of Science degree in Accounting from University of Wisconsin- Whitewater, was conferred in 1982 • Knowledgeable in all areas of tax law including non-profit and payroll tax issues 22 CITY OF LA QUINTA APPENDIX C - RESUMES Bin Zeng - Senior Accountant Auditor with 9 years of audit experience with governmental and commercial entities Auditor for 9 municipal audits, and 12 special district audits Bachelor of Arts degree in Business Economics from the University of California - Los Angeles, was conferred in 2007 Has met or exceeded all continuing education requirements including recent courses in the following: 2016, 2015, and 2014 Governmental Accounting Conference 2016, 2015, and 2014 School District Conference 2016 Accounting and Auditing Standards Update: Risk Assessment Standards 2016 Advanced Audit Standards Workshop: Understanding Risk Assessment 2016 GAAS Update Auditors ’ Responsibilitiesfor Detection of Fraud Internal Control and Fraud in Governmental Engagements Government Auditing Standards - Yellow Book Implementing SAS112 & 114 Advanced Fraud Techniques Grants Management Ricardo Rodriguez - Senior Accountant • Senior Accountant with 15 years of audit experience with governmental, non-profit, and commercial entities • Previously assigned to various municipal engagements • Has met or exceeded all continuing education requirements including recent courses in the following: 2016, 2015, and 2014 Govermnental Accounting, Conference 2016, 2015, and 2014 School District Conference 2016 Accounting and Auditing Standards Update: Risk Assessment Standards 2016 Advanced Audit Standards Workshop: Understanding Risk Assessment 2016 GAAS Update • Bachelor of Science in Accounting from California State University of Long Beach, was conferred in 1999 23 CITY OF LA QUINTA APPENDIX C - RESUMES Ricky Tzu-Wei Kuo - Senior Accountant • Auditor with 8 years of audit experience with governmental and commercial entities • Auditor for 8 municipal audits, 12 special district audits, and 1 school district audits • Senior accountant for the Los Angeles County DMH Monitoring Projects • Has met or exceeded all continuing education requirements including recent courses in the following: 2016, 2015, and 2014 Governmental Accounting Conference 2016, 2015, and 2014 School District Conference • Bachelor of Science in Business Administration with an emphasis in Accounting from California State University - Los Angeles, was conferred in 2005 Susan Chin — Staff Accountant • Auditor with 7 years of audit experience with governmental, non-profit, and commercial entities • Auditor for 3 municipal audits, 2 special district audits, and 3 school district audits • Staff accountant for the Los Angeles County DMH Monitoring Projects • Has met or exceeded all continuing education requirements including recent courses in the following: 2016, 2015, and 2014 Governmental Accounting Conference 2016, 2015, and 2014 School District Conference • Bachelor degree from University of California — Los Angeles, was conferred in 1992 Cody Hartzheim- Staff Accountant • Auditor with 3 years of audit experience with governmental, non-profit, and commercial entities • Auditor for 9 municipal audits and 10 school district audits • Has met or exceeded all continuing education requirements including recent courses in the following: 2016 and 2015 Governmental Accounting Conference 2016 and 2015 School District Conference • Bachelor of Science in Accounting and Finance from Marquette University, was conferred in 2014 24 CITY OF LA QUINTA APPENDIX C - RESUMES Israel Morel - Staff Accountant • Auditor with 3 years of audit experience with governmental, non-profit, and commercial entities • Auditor for 6 municipal audits and 3 school district audits • Has met or exceeded all continuing education requirements including recent courses in the following: 2016, 2015 and 2014 Governmental Accounting Conference 2016, 2015 and 2014 School District Conference • Bachelor of Science in Business Administration with emphasis in accounting from California State University - Dominguez Hills, was conferred in 2013 Sheila Falcon - Staff Accountant • Auditor with 4 years of audit experience with governmental and commercial entities • Has met or exceeded all continuing education requirements including recent courses in the following: 2016, 2015, and 2014 Governmental Accounting Conference 2016, 2015, and 2014 School District Conference • Bachelor of Science Degree in Accounting from the University of California - Long Beach, was conferred in 2002 David Ortiz - Computer Specialist • Auditor with 22 years of audit experience with governmental and commercial entities • Computer specialist - with emphasis in fund accounting software • Extensive knowledge of database systems, networking, and accounting software • Bachelor of Science degree in Business Administration with an emphasis in Accounting from California Polytechnic State University, San Luis Obispo, was conferred in 2000 25 CITY OF LA QUINTA APPENDIX D - REFERENCES CITY OF COVINA 2013 to Present Audit of basic financial statements in conformity with GASB34 & 45, Successor to the Redevelopment Agency, and Single Audit Report Received GFOA Certificate of Achievement in Financial Reporting Contact: Anita Agramonte (600 Hours) 125 E. College Street, Covina, CA 91723 (626)384-5516 CITY OF CULVER CITY 2011 to 2015 Audit of basic financial statements in conformity with GASB 34, Successor to the Redevelopment Agency, Single Audit Report, Municipal Bus Line, REAC Report, and prepared City, RDA, and Transit State Controller Reports, Received GFOA Certificate of Achievement in Financial Reporting Contact: Jeff Muir (585 Hours) 9770 Culver Blvd. Culver City, CA 90232 (310) 253-6016 CITY OF LA CANADA FLINTRIDGE 2013 to Present Audit of basic financial statements in conformity with GASB 34, Single Audit Report, and review of the City’s GANN Limit, Prepared State Controller Reports Received GFOA Certificate of Achievement in Financial Reporting Contact: Daniel Jordan, Ph.D. (420 Hours) 1327 Foothill Boulevard, La Canada Flintridge, CA 91011 (818)790-8880 CITY OF LAGUNA HILLS 2009 to 2015 Audit of basic financial statements in conformity with GASB 34, and Single Audit Report Prepared City’s State Controller’s Report, and review of the City’s GANN Limit Partner — Craig A. Hartzheim, CPA Contact: Janice Mateo-Reyes, (949) 707-2623 (400 Hours) Received GFOA Certificate of Achievement in Financial Reporting CITY OF INDIO 2011 to 2015 Audit of basic financial statements in conformity with GASB 34/CAFR, Redevelopment Agency, Single Audit Report, review of the City’s GANN Limit, and testing of cash receipts and review internal control over cash receipts at the Parks & Recreation Department Contact: Veronica Alvarado (320 Hours) 100 Civic Center Mall, Indio, CA 92201 (760) 541-4238 I 26 CITY OF LA QUINTA APPENDIX E - SEGMENTATION AND AUDITED HOURS BY SEGMENT Estimated HoursI I Partner/ Technical Senior Manager Partner I TotalStaffClericalAUDIT SEGMENTS 248664Planning 246864Risk Assessment 844Audit Conferences 3144617Correspondence Review/Documentation of Internal Controls (including Single Audit): Documentation of systems Testing of systems 20812 221012 11536282625Compliance Testing (including Single Audit) 10716422425Year End Balances Testing Revenue and Expense/E>q3enditure Analysis (Analytical Procedures)85182245 1121826123620Preparation, Review, and Findings 5489413411415353GRAND TOTAL 27 > a > *< Q O >33 r s > H O 5^£■?Is ;f?vTiVW75«K-5^jis«L-SUPPLIER CLEARINGHOVSE CERTIFICATE OFELIGIBILITT■I O H55 5*" S I BmM / i i \ I > I CERTIFICATE EXPIRATION DATE: 08-01-2017 O ^ j cernnes that it has audited and venfied the eligibility of:ilities Commission hereby ]|H > O'I wrw Mossj Levy & ffarizIieim/LL'P^of Culver Cify, California,^ a MBE omSi f D{: to oe oi X“:ssr;?r5i'srr-'s=^ I Determination Date: 08-01-2014 ii i I! li KOiV; 14050076 jn s H •-< w c COB CO COi o W H m o > H ,%s% t-H o z CITY OF LA QUINTA ATTACHMENT G - INSURANCE CERTIFICATE ACORCf bATtcuifeMrrrr'}CERTIFICATE OF LIABILITY INSURANCE THIS CERTineATE U USUEO AS A UATTER OF DiFOaUATiaN OKLY AND CONFCM NO RIOHTS UPON THE CERTIFISATE HOLDEIL THIS CERTIFICATE OOEE NOT AFFIAUATIVELV OR NEOADVELV AMEND, ejOENO OR ALTER THE COVERAOE AFFOROEO BY THE FOUCIES BELOW. 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