COM 0220.000 2004-2006 - Laserfiche WebLink

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KPMG LLP PO Box 4150 Honolulu, HI 96812-4150 March 23, 2005 'fo [he Members of the County Council of Hawaii County of Hawaii Hilo, Hawaii: We have completed our audit of the basic financial statements of the County of Hawaii, State of Hawaii (the County), as of and for the year ended June 30, 2004. We have also audited the Counry's compliance with requirements applicable to its major federal financial assistance programs. We submit herein our reports on compliance and on intemal control over financial reporting and over federal awards, a schedule of expenditures of federal awards, and a schedule of findings and questioned costs. The audit objectives and scope of the audit were as follows: AUDIT OBJECTIVES I . To provide opinions on the fair presentation of the County's basic financial statements and the schedule of expenditures of federal awards as of and for the year ended June 30, 2004 in accordance with accounting principles generally accepted in the United Stales of America. 2. To consider the County's internal control over financial reporting in order to determine our auditing procedures for the purpose of expressing our opinions on the basic financial statements. 3. To perform tests of the County's compliance with laws, regulations, contracts, and grants that could have a direct and material effect on the determination of financial statement amounts. 4. To consider [he County's internal control over compliance with requirements that could have a direct and material effect on a major federal program in order to determine our auditing procedures for the purpose of expressing our opinion on compliance and to test and report on internal control over compliance. 5. To provide an opinion on the County's compliance with applicable laws, regulations, contracts, and grants that could have a direct and material effect on each major program. 6. To report on the status of prior year findings and questioned costs. SCOPE OF AUDIT We performed an audit of the County's basic financial statements and schedule of expenditures of federal awards as of and for [he year ended June 3Q 2004, in accordance with auditing standards generally accepted in [he United States of America, as adopted by the American Institute of Certified Public Accountants, the standards for financial and compliance audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and the provisions of Office of Managemeut and Budget (OMI3) Circular A-133, Audits of States, Local Governments, and Non-Profrt Organizations. KPMG I I P, e U 5 Ln Weol LebA~tylpa~nersNp, is ~~e U 5 mombei firm o~ KPMG In~ema0onel, a Swiss mopa2UVe