HomeMy WebLinkAbout2024 - Metro Narcotics 2024 Governance Letter 2425 E.Grand River Ave.,
(00-pa M a n e r Suite 1,Lansing,MI 48912
2517.323.7500
osterisan0 517.323.6346
December 10,2024
To Honorable Mayor,Members of the City Council
of the City of Lansing,and Members of the Board of
Directors of the Tri-County Metro Narcotics Squad
Lansing,Michigan
We have audited the financial statements of the governmental activities and the governmental fund of Tri-
County Metro Narcotics Squad for the year ended June 30,2024. Professional standards require that we provide
you with information about our responsibilities under generally accepted auditing standards and Government
Auditing Standards,as well as certain information related to the planned scope and timing of our audit. We have
communicated such information in our letter to you dated October 31,2024. Professional standards also require
that we communicate to you the following information related to our audit.
Significant Audit Matters
Qualitative Aspects of Accounting Practices
Management is responsible for the selection and use of appropriate accounting policies. The significant
accounting policies used by the Tri-County Metro Narcotics Squad are described in Note 1 to the financial
statements. We noted no transactions entered into by the Tri-County Metro Narcotics Squad during the year for
which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized
in the financial statements in the proper period.
Accounting estimates are an integral part of the financial statements prepared by management and are based
on management's knowledge and experience about past and current events and assumptions about future
events. Certain accounting estimates are particularly sensitive because of their significance to the financial
statements and because of the possibility that future events affecting them may differ significantly from those
expected. There were no significant estimates for the year ended June 30,2024.
The financial statement disclosures are neutral,consistent,and clear.
Difficulties Encountered in Performing the Audit
We encountered no significant difficulties in dealing with management in performing and completing our audit.
Corrected and Uncorrected Misstatements
Professional standards require us to accumulate all known and likely misstatements identified during the audit,
other than those that are clearly trivial, and communicate them to the appropriate level of management.
Management has corrected all such misstatements. In addition,none of the misstatements detected as a result
of audit procedures and corrected by management were material,either individually or in the aggregate,to each
opinion unit's financial statements taken as a whole.
Disagreements with Management
For purposes of this letter, a disagreement with management is a financial accounting, reporting, or auditing
matter,whether or not resolved to our satisfaction,that could be significant to the financial statements or the
auditor's report. We are pleased to report that no such disagreements arose during the course of our audit.
Management Representations
We have requested certain representations from management that are included in the management
representation letter dated December 10,2024.
Management Consultations with Other Independent Accoun tan ts
In some cases, management may decide to consult with other accountants about auditing and accounting
matters, similar to obtaining a"second opinion" on certain situations. If a consultation involves application of
an accounting principle to the Tri-County Metro Narcotics Squad's financial statements or a determination of
the type of auditor's opinion that may be expressed on those statements,our professional standards require the
consulting accountant to check with us to determine that the consultant has all the relevant facts. To our
knowledge,there were no such consultations with other accountants.
OtherAudit Findings or Issues
We generally discuss a variety of matters, including the application of accounting principles and auditing
standards,with management each year prior to retention as the Tri-County Metro Narcotics Squad's auditors.
However,these discussions occurred in the normal course of our professional relationship and our responses
were not a condition to our retention.
Other Matters
We applied certain limited procedures to the required supplementary information (RSI) that supplements the
basic financial statements. Our procedures consisted of inquiries of management regarding the methods of
preparing the information and comparing the information for consistency with management's responses to our
inquiries,the basic financial statements,and other knowledge we obtained during our audit of the basic financial
statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI.
Restriction on Use
This information is intended solely for the use of City Council, the Board of Directors of the Tri-County Metro
Narcotics Squad,and management of the City and is not intended to be,and should not be,used by anyone other
than these specified parties.
Very truly yours,
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