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At this point in the process,the auditors will pack up their equipment and leave the field. <br /> Any questions or issues that arise through the technical standards review are discussed between the <br /> audit team and management. We then provide management with a draft representation letter. This is <br /> a document that puts into writing the assertions made by management to the auditors throughout the <br /> audit process. We ask that this letter be printed on the government's letterhead and signed by two <br /> individuals (generally the equivalents of the CEO and CFO). <br /> Phase 4:Conclusion/Issuance Procedures <br /> Management will be provided with a final PDF of all reports produced in the audit. <br /> While this concludes the formal process of the annual audit,your engagement team will be available <br /> for questions throughout the year. We will provide management with information on relevant <br /> upcoming changes in accounting standards and opportunities to participate in training events or <br /> webinars. We will also check in at times throughout the year to say hello and provide an opportunity <br /> for management to ask any questions or provide updates on the government's operations. <br /> We are confident that our audit process maximizes efficiency while still providing the highest level <br /> of audit assurance. Our governmental auditing team has a deep understanding of accounting and <br /> financial reporting as it relates to local units of government. But our auditors also understand that <br /> you are busy and have priorities and responsibilities in addition to the annual audit. Your audit team <br /> will make as many requests ahead of time as possible, coordinate information requests and questions, <br /> and strive to keep the audit process as quick as possible. <br /> 75 <br />