HomeMy WebLinkAboutAgenda - 01-24-2017 - 6-f - Audit Report Extension 1
ORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: January 24, 2017
Action Agenda
Item No. 6-f
SUBJECT: Audit Report Extension
DEPARTMENT: Finance and Administrative
Services
ATTACHMENT(S): INFORMATION CONTACT:
Gary Donaldson, (919) 245-2453
PURPOSE: To extend the completion of the FY 2015-16 audit report to February 28, 2017
through an amendment to the audit contract between the County and Mauldin & Jenkins, PLLC.
BACKGROUND: North Carolina General Statute 159-34 requires audit due date extensions to
be first approved by the Board of County Commissioners and then the Local Government
Commission (LGC).
The audit due date extension is effectuated by an amendment to the audit contract between the
County and Mauldin & Jenkins, PLLC. This due date extension is the only amendment to the
contract.
The audit extension is required to allow additional time for the auditors to review, examine and
test the Orange County Department of Social Services (DSS) state reporting and reconciliation
of federal and state grant awards and program expenditures.
These DSS program expenditures are reported in a subsidiary ledger that is linked directly to
the North Carolina Department of Health and Human Services for reimbursement. Mauldin &
Jenkins needs to complete the audit procedures to satisfy Single Audit standards. This is the
only remaining item for the completion of the audit.
This is the first year of a three-year contract with the audit firm Mauldin & Jenkins, PLLC, and
there is no change in the contracted amount with this extension.
FINANCIAL IMPACT: There is no financial impact associated with this item.
SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact applicable
to this item.
RECOMMENDATION(S): The Manager recommends that the Board approve the contract
amendment and authorize the Chair to sign the amendment.