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  2. Finance Committee - Agenda - 4/6/2016 - P5

Finance Committee - Agenda - 4/6/2016 - P5

By dnadmin on Mon, 11/07/2022 - 09:55
Document Date
Wed, 04/06/2016 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 04/06/2016 - 00:00
Page Number
5
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__040620…

MELANSONI|e aN

ACCOUNTANTS * AUDITORS

March 8, 2016 102 Perimeter Road
Nashua, NH 03063
(603) 882-1111
melansenheath.com

Mr. John Griffin

Chief Financial Officer Additional Offices:
City of Nashua Andover, MA

229 Main Street Cee
Nashua, NH 03061 Ellsworth, ME

Dear Mr. Griffin:

You have requested that we audit the basic financial statements of the City of Nashua,
New Hampshire as of June 30, 2016 and 2017 and for the years then ended, and the
related notes to the financial statements. In addition, we will audit the City’s compliance
over major federal award programs for the years ended June 30, 2016 and 2017. We are
pleased to confirm our acceptance and our understanding of this audit engagement by
means of this letter. Our audits will be conducted with the objectives of our expressing an
Opinion on each opinion unit and an opinion on compliance regarding the entity’s major
federal award programs.

Accounting principles generally accepted in the United States of America require that
certain information be presented to supplement the basic financial statements. Such
information, although not a part of the basic financial statements, is required by the
Governmental Accounting Standards Board, who considers it to be an essential part

of financial reporting for placing the basic financial statements in an appropriate opera-
tional, economic, or historical context. As part of our engagement, we will apply certain
limited procedures to the required supplementary information (RSI) in accordance with
auditing standards generally accepted in the United States of America. These limited
procedures will consist primarily of inquiries of management regarding their methods of
measurement and presentation, and comparing the information for consistency with
management's responses to our inquiries. We will not express an opinion or provide any
form of assurance on the RSI. The following RSI is required by accounting principles
generally accepted in the United States of America. This RSI will be subjected to certain
limited procedures but will not be audited:

e Management's Discussion and Analysis

e Schedule of Funding Progress — Other Post-Employment Benefits

e Employer's Schedule of Proportionate Share of the Net Pension Liability
e Schedule of Contributions

e Schedule of Changes in Net Pension Liability

e Schedule of Net Pension Liability

e Schedule of Contributions

e Schedule of Investment Returns

Page Image
Finance Committee - Agenda - 4/6/2016 - P5

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