FULL AGENDA PACKET_2021-05-04 - Laserfiche WebLink

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• Strict adherence to the AICPA's rules of professional conduct, which specifically require maintaining the confidentiality of client records and information. Privacy and trust are implicit in the accounting profession, and CLA strives to act in a way that will honor the public: trust. • A requirement that all single audit engagements be reviewed by a designated single audit reviewer, thereby confirming we are in compliance with the standards set forth in OMB Uniform Guidance. I. It C;herrylicci kfiI erra 11<11.6,:<1... Report on the Firm's System of Quality Control Novombcr21. 2019 TO the Principals of COIIonLarsory llan LLP and the National Peer Rdvlew Comli lnee We have refill into system of quality Control ref tile ffircowdinlf an(file rem) applicable to engagements not aubgecl to PCAOB permanent inspection m offset for are year ended May 31. 2019. Our peer review was conducted in act-ntdava with tha StandlidS to: Perfonrdng and Repelling fin Pee: ROvicws eslablishod by the Peer Review Board of the Amoncan Insututo of Coltlloo Public Accountants (Slandaalg). A sunnnary of the natono, obcowIs, scope. limitations of. and the procedures PiIt fled In If system Review As duix,bad in Iho Standmds flay be found at www2lcP2orcgfp SldMIn ry_ The sunanaiy also Includes An explanation of how ongagemcnts ideliffiod as not par forma or reported In conformity with Applicable prafeS,:anal standards, If an, arc ovaluatoa by a peer reviewer to dalermine A peef feview ratify, Firm's Responsibility the film A responsible for designing a system of quality comer Afd Complying will, it to provide Ire ann with reasonable assurance of performing and reporting in conformity with Applicable pmfev10nal 3tantlafds in all matellal respeCL (fie firm Is Also respor` 1Va rot WPIVa6ng acl, s to p omptly fbrrllWow ensp,oulumis l comod as dot performed or reported in conformity writ profeil,onal %oux1t its, when appropriate, and for nu etdiating weaknesSee in Its ey5teln of Clua0ry Canal. i1 Any. Peer Reviewers Responsibility Our responslbilily IS 10 express an opinion on IAA, doSlgn of tho systorn of quality control still tile finis COlnpllonco lhelewlfh based on Ourrevlew_ Required Selection, and Considerations F,,,n9Ayevmenls selecle(I for At.I( includCd engn(lelnonts performed under Gowasnenf Rudlrng Sfanisaws. irldadnp (drnplianca All0b under the Singly Audit Act. audits of employee bereft pans. audits performed under FDICIA. audits of brokol4calats. and examinal ons of service organvito0i [SOC 1 and SOC 2 eng3gemewsj As a part of our peer review. wo conslaered leVfeM_ by reyulatMy emifea 0� COmmuni0ted by the Bnn, if appllcvtde. In detennMlMg ttte halme Alld Stan[ of our pn)c,rfjr L, Opinion to our Opinion the system of quafly cOnlrol for the accounting and audifing practice of CIIItonLarsonAllCn LLP ap,1w,ce to engagement, rot,umeet to PCAOB pimnanent Inspection in effect for the year ended May 31. 2010. has been suitably ro gncel antl Complied with to provide the firm with reasonable assurance of perfotming ana reporting in Como .... ity will applicable professional standards In all material respects_ Firms can receive a IatIng of pass. pass WAlr WficArcy cS) Or fail. Clittoni-amonAllaO LLP has received a peer review using of pass. Cneey 8012efl LLP