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<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />3. Audit Work Paoers. The Contract Auditor shall, at any time during and <br />subsequent to the audit, make available to the Legislative Auditors 1 and <br />federal audit agencies as may be required by the terms and conditions <br />under which federal funds are received by the County, for their inspection <br />and review, the working papers developed during the audit including, <br />among others, the following: <br /> <br />a. The audit program and internal control questionnaire <br /> <br />b. The working trial balance <br /> <br />c. Schedules, recommendations, computations, analyses, audit notes, <br />confirmation letters and replies, and other data representing a <br />record of work done in support of account transactions and <br />balances, and systems analysis. <br /> <br />d. Documents obtained and other working paper relating to the <br />examination. <br /> <br />All working papers and reports must be retained, at the Contract Auditor's <br />expense, for a minimum of three years, unless the firm is notified in <br />writing by the County of Hawaii of the need to extend the retention <br />period. <br /> <br />In addition, the firm shall respond to the reasonable inquiries of successor <br />auditors and allow successor auditors to review working papers relating to <br />matters of continuing accounting significance. <br /> <br />4. Significant Deficiencies in Internal Control or Unusual Financial <br />Transactions. The Contract Auditor shall notify the County Council and <br />the County Legislative Auditor in writing of any significant deficiency in <br />internal control or unusual financial transactions discovered during the <br />course of the audit. If the circumstances call for a significant amount of <br />additional investigation, the Contract Auditor shall submit to the Council <br />and the County Legislative Auditor the estimated additional time and cost <br />required to perform the investigation. Contract Auditor shall proceed with <br />the special work only upon written authorization from the County Council. <br /> <br />Significant deficiencies in the internal control, unusual transactions or <br />noncompliance discovered during the course of any Single Audit shall be <br />reported by the Contract Auditor to the County Council, County <br />Legislative Auditor and the cognizant agency for the County of Hawaii. <br /> <br />"Legislative Auditors" refers to the County Legislative Auditor and the State of <br />Hawaii Legislative Auditor <br /> <br />-12- <br />