HomeMy WebLinkAboutOTHER-2022-066-Local government commission contract amendment Attachment 1
LGCw205 Amendment AMENDMENT TO CONTRACT TO AUDIT ACCOUNTS Rev . 11 /2022
Whereas Primary Government Unit
Orange County, North Carolina
and Discretely Presented Component Unit ( DPCU ) ( if applicable )
I
I-
and Auditor
Mauldin & Jenkins , LLC
entered into a contract in which the Auditor agreed to audit the accounts of the Primary Government Unit
and DPCU ( if applicable)
r,
Fiscal Year Ending Date
for and originally to be
f06/30/22 submitted to the LGC on 110/31 /22
hereby agree that it is now necessary that the contract be modified as follows . C
L
Original date Modified date
✓0 Modification to date submitted to LGC 10/31 /22 12/20/22
Original fee Modified fee �`
❑✓ Modification to fee $ 96 , 000 . 00 $ 111 , 000 . 00
Primary Other Reason (s ) for Contract Amendment
(choose 1 ) (choose 0-2)
❑ Change in scope
0 ❑ Issue with unit staff/turnover
0 ❑ Issue with auditor staff/workload
0 ❑ Third -party financial statements not prepared by agreed - upon date
0 ❑ Unit did not have bank reconciliations complete for the audit period
0 ❑ Unit did not have reconciliations between subsidiary ledgers and general ledger complete
0 ❑ Unit did not post previous years adjusting journal entries resulting in incorrect beginning
balances in the general ledger
❑ Unit did not have information required for audit complete by the agreed - upon time
❑ Delay in component unit reports
0 ❑ Software - implementation issue
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0 ❑ Software - system failure
❑ Software - ransomware/cyberattack
❑ Natural or other disaster
0 ❑ Other ( please explain )
Plan to Prevent Future Late Submissions
If the amendment is submitted to modify the date the audit will be submitted to the LGC , please indicate the steps the unit and
auditor will take to prevent late filing of audits in subsequent years . Audits are due to the LGC four months after fiscal year end .
Indicate NA if this is an amendment due to a change in cost only .
The County and the auditor will work together on developing agreed-upon timelines for all deliverables needed
for the audit. The auditor will ensure dedicated resources are available to the County for all stages of the audit,
including the wrap -up and review process .
Additional Information
Please provide any additional explanation or details regarding the contract modification .
The audit fee is being modified to include two (2) additional major programs not covered by the engagement
letter . The original fee included six (6) major programs and the composition of the County' s SEFSA required
that eight ( 8 ) programs be audited .
By their signatures on the following pages , the Auditor, the Primary Government Unit, and the DPCU ( if
applicable ) , agree to these modified terms .
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LGCm205 Amended AMENDMENT TO CONTRACT TO AUDIT ACCOUNTS Rev. 11 /2022
SIGNATURE PAGE
AUDIT FIRM
Audit Firm *
Mauldin & Jenldns , LLC
Authorized Firm Representative * (typed or printed) Signature *
Timothy M . Lyons j�,yf�y
Date * Email Ad ess
11 /28/22 tlyons@mjcpa . com
GOVERNMENTAL UNIT
Governmental Unit*
Orange County, North Carolina
Date Primary Government Unit Governing Board Approved Amended
Audit Contract* (If required by governing board policy)
Mayor/Chairperson * (typed or printed ) Signature*
AAP�% Kjawaya /j 4
Date E 1 Ad'd rAlss
Chair of Audit Committee (typed or printed , or " NA") Signature
Date Email Address
GOVERNMENTAL UNIT — PRE -AUDIT CERTIFICATE
*ONLY REQUIRED IF FEES ARE MODIFIED IN THE AMENDED CONTRACT*
(Pre-audit certificate not required for hospitals)
Required by G . S . 159- 28 ( a1 ) or G . S . 115C-441 ( al )
This instrument has been pre-audited in the manner required by The Local Govemment
Budget and Fiscal Control Act or by the School Budget and Fiscal Control Act.
Primary Governmental Unit Finance Officer* Signature *
Date of Pre-Audit Certificate * Email Address *
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LGCw205 Amended AMENDMENT TO CONTRACT TO AUDIT ACCOUNTS Rev . 11 /2022
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SIGNATURE PAGE — DPCU
( complete only if applicable )
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DISCRETELY PRESENTED COMPONENT UNIT
DPCU
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Date DPCU Governing Board Approved Amended Audit
Contract (if required by goveming board policy)
DPCU Chairperson (typed or printed ) Signature
Date Email Address
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Chair of Audit Committee (typed or printed , or " W) Signature
Date Email Address
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DPCU — PRE -AUDIT CERTIFICATE
*ONLY REQUIRED IF FEES ARE MODIFIED IN THE AMENDED CONTRACT* c
(Pre-audit certificate not required for hospitals) C
i
Required by G . S . 159- 28 ( al ) or G . S . 115C-441 (al )
This instrument has been pre-audited in the mannerrequired by The Local Govemment
c
Budget and Fiscal Control Act or by the School Budget and Fiscal Control Act,
DPCU Finance Officer (typed or printed ) Signature
Date of Pre-Audit Certificate Email Address
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