Phones and electronic devices. Completed speaker cards and copies of any documents to be included as part of the file should be submitted to the clerk. Items acted upon today will appear on the june 3rd board of supervisors agenda unless otherwise stated. Okay. L can you please call the first item . Item number 1 is a hearing to receive a report from the citys external auditors regarding their audit of the citys annual Financial Statements for fiscal year ending june 30, 2013, and their audit plan for the upcoming engagement for fiscal year ending june 30, 2014. Okay. Hi, good morning, supervisors. My name is carmen la frank. Im the Controllers Office representative and ill be introducing the two speakers. We have the director from the [speaker not understood] jany oconnell, [speaker not understood], shell be doing the first present and then we have a presentation from [speaker not understood] from kpmg. This is part of the normal annual audit process and they report on their audit for
And i also want to thank sfgovtv jesse larsen and jim smith. And, madam clerk, do we have any announcements . Yes. Please make sure to silence all phones and electronic devices. Completed speaker cards and copies of any documents to be included as part of the file should be submitted to the clerk. Items acted upon today will appear on the june 3rd board of supervisors agenda unless otherwise stated. Okay. L can you please call the first item . Item number 1 is a hearing to receive a report from the citys external auditors regarding their audit of the citys annual Financial Statements for fiscal year ending june 30, 2013, and their audit plan for the upcoming engagement for fiscal year ending june 30, 2014. Okay. Hi, good morning, supervisors. My name is carmen la frank. Im the Controllers Office representative and ill be introducing the two speakers. We have the director from the [speaker not understood] jany oconnell, [speaker not understood], shell be doing the first present and then
The world many cup. World many cup. Im im lynch. Lynch. This is being consider this. This is being consider this. More ahead. More ahead. Eric shinseki, secretary of Eric Shinseki, secretary of Veterans Affairs, is out. Veterans affairs, is out. He does not want to be a he does not want to be a distraction. Distraction. Todays announcement really todays announcement really changes nothing. Changes nothing. Its not one person thats its not one person thats going to change it all. Going to change it all. Ttys ttys overall situation. Overall situation. Shooting people. Shooting people. You have to you have to live with the live with the masses. Masses. We do have the best justice we do have the best Justice System in theory. System in theory. The problem is its run by human the problem is its run by human beings. Beings. Human beings make mistakes. Human beings make mistakes. This thing about hair this thing about hair analysis, science analysis, science its a its a subjective nightmare.
Audit of the Financial Statements does not relieve management or the Audit Committee of their responsibility. Slide number 8 highlights kpmgs responsibilities and i just wanted to highlight a few points on this slide. Specifically, our responsibility is to form and express an opinion about whether or not the Financial Statements have been prepared by management are presented fairly in all material respects as i mentioned before. I also wanted to highlight that the audit does not attain absolute assurance, but rather we attain reasonable assurance as to whether or not the Financial Statements are free of misstatement, whether due to fraud or error. We do have a responsibility to communicate with the committee and management in a significant findings, deficiencies, or anything of that nature. ~ any so, i wanted to highlight that as well. Slides 11 and 12 really emphasize the audit approach, and im not going to spend too much time on these slides as we it is consistent with what we have p
Okay. L can you please call the first item . Item number 1 is a hearing to receive a report from the citys external auditors regarding their audit of the citys annual Financial Statements for fiscal year ending june 30, 2013, and their audit plan for the upcoming engagement for fiscal year ending june 30, 2014. Okay. Hi, good morning, supervisors. My name is carmen la frank. Im the Controllers Office representative and ill be introducing the two speakers. We have the director from the [speaker not understood] jany oconnell, [speaker not understood], shell be doing the first present and then we have a presentation from [speaker not understood] from kpmg. This is part of the normal annual audit process and they report on their audit for the prior year and plans for the coming year and thats what theyre doing today. Thank you. Hi, good morning, my name is annie, [speaker not understood] im [speaker not understood]. I have a Powerpoint Presentation i have a Powerpoint Presentation that i w