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PetAiled ApproAc41 Each audit engagement is unique and requires different procedures to meet specific circumstances. However,the following broad approach is followed for most of our audits. While certain steps may occur in different order than presented below,a typical County audit would consist of the following audit procedures: Phase 1:Planning/Risk Assessment Pre-engagement—Certain audit procedures and inquiries are completed prior to the commencement of audit fieldwork. This ensures that we have a complete understanding of the entity,agreement on the extent of procedures to be performed, and an anticipated timeline for completion. Procedure Descri.tion _ Planning meeting Members of the audit team will meet with the key contacts at the County. All parties will set dates for the milestones of the audit: • Preliminary fieldwork(if requested) • Availability of reasonably adjusted trial balance • Primary fieldwork • Interim audit status meetings(for larger engagements) • Draft reports/exit conference • Final reports By agreeing to these dates up front, we are able to schedule the right people to have availability at the right time. During this meeting,both the County and the auditors will clarify expectations: • Requested downloads • Client-provided workpapers (content, format, timing, etc.) • Communication methods (phone vs. e-mail,etc.)and direction(all requests through the primary contact vs. inquiring directly of the employee responsible) Engagement letter The engagement letter will serve as the contract between the auditorsand the County and will be sent each year. This letter contains information on the scope of the audit and the related fees. We ask that the County return a signed copy of the letter to us prior to the commencement of primary audit fieldwork. Communication with other If the County has any funds or component units audited by other auditors CPA firms,we need to make certain inquiries of these firms regarding their understanding of our reliance on their separately- issued report(s) and the auditing standards they plan to follow. This process requires minimal assistance from the County and is deemed to remain in effect unless the audit firm changes. 66