Loading...
2014-2015 Accounting Servicescertified �l public CHARTERED accountant January 14, 2014 Rod Franz City of Salina 300 W. Ash, P.O. Box 736 Salina, KS 67402-0736 Dear Rod: This letter is to propose the arrangements for professional accounting services to be provided to City of Salina during and for the years ending December 31, 2014 and 2015. Based on information provided by you, we will perform the following: Monthly Services • Reconcile bank statements, certificate of deposit statements, Treasury note statements, and investment statements. The aforementioned services are those we perceive to be regular accounting services that occur in a routine manner. Our fees for these aforementioned services will be our standard hourly rates plus the web -hosting fee of S65.00 per month. City of Salina's Responsibilities City of Salina agrees to perform the following functions in connection with Woods & Durham, Chtd.'s provision of the bookkeeping and tax services: • Make all management decisions and perform all management functions, including determining account codings and approving all proposed journal entries; • Assign Rod Franz to oversee the bookkeeping and tax services and evaluate the adequacy and results of the services; • Accept responsibility for the results of the bookkeeping and tax services, including the journal entries, general ledger, and tax returns; and • Establish and maintain internal controls over the bookkeeping and tax return preparation processes. Woods & Durham, Chtd.'s Responsibilities and Limitations of the Engagement Woods & Durham, Chtd. will perform the services in accordance with the applicable professional standards, including the Statements on Standards for Tax Services issued by the American Institute of Certified Public Accountants. ' This engagement is limited to the bookkeeping and tax services outlined above. Woods & Durham, Chtd. in its sole professional judgment, reserves the right to refuse to do any procedure or take any action that could be construed as making management decisions or performing management functions, including determining account codings and approving journal entries. Woods & Durham, Chtd. will advise City of Salina with regard to_tax positions taken in the preparation of the tax return, but City of Salina must make all decisions with regard to those matters. 1619 E. Iron Avenue • P.O. Box 1516 • Salina, Kansas 67402-1516 • Phone 785-825-5494 Fax 785-825-4450 • www.woodsanddurhatn.cotn We appreciate the opportunity -to work with you and your staff, and look forward to continuing this business relationship for many years. If this letter correctly reflects your understanding, please sign where indicated and return to us at your earliest convenience. Should you have any questions regarding the above, please feel free to contact us: Sincerely yours, WOODS & DURHAM, CHTD. James A. Trower APPROVED: CITY OF SALINA By Date .