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<br />6 <br />City of Elk River <br />Required Communication <br /> <br /> <br />Uncorrected and Corrected Misstatements (Continued) <br />In addition, professional standards require us to communicate to you all material, corrected <br />misstatements that were brought to the attention of management as a result of our audit <br />procedures. None of the misstatements detected as a result of audit procedures and corrected by <br />management were material, either individually or in the aggregate, to the basic financial statements <br />taken as a whole. <br /> <br />Disagreements with Management <br />For purposes of this letter, professional standards define a disagreement with management as a <br />matter, whether or not resolved to our satisfaction, concerning a financial accounting, reporting, or <br />auditing matter, which could be significant to the City's basic financial statements or the auditor's <br />report. No such disagreements arose during the course of our audit. <br /> <br />Representations Requested from Management <br />We have requested certain written representations from management, which are included in the <br />management representation letter. <br /> <br />Management's Consultations with Other Accountants <br />In some cases, management may decide to consult with other accountants about auditing and <br />accounting matters. Management has informed us that, and to our knowledge, there were no <br />consultations with other accountants regarding auditing and accounting matters. <br /> <br />Other Significant Matters, Findings, or Issues <br />In the normal course of our professional association with the City, we generally discuss a variety of <br />matters, including the application of accounting principles and auditing standards, significant events <br />or transactions that occurred during the year, operating and regulatory conditions affecting the City, <br />and operational plans and strategies that may affect the risks of material misstatement. None of the <br />matters discussed resulted in a condition to our retention as the City's auditor. <br /> <br />Other Information Included in Annual Reports <br />Pursuant to professional standards, our responsibility as auditors for other information, whether <br />financial or nonfinancial, included in the City's annual reports, does not extend beyond the <br />information identified in the audit report, and we are not required to perform any procedures to <br />corroborate such other information. <br /> <br />We applied certain limited procedures to the RSI that supplements the basic financial statements. <br />Our procedures consisted of inquiries of management regarding the methods of preparing the <br />information and comparing the information for consistency with management's responses to our <br />inquiries, the basic financial statements, and other knowledge we obtained during our audit of the <br />basic financial statements. We did not audit the RSI and do not express an opinion or provide any <br />assurance on the RSI. <br /> <br />With respect to the supplementary information accompanying the financial statements, we made <br />certain inquiries of management and evaluated the form, content and methods of preparing the <br />information to determine that the information complies with accounting principles generally <br />accepted in the United States of America, the method of preparing it has not changed from the prior <br />period, and the information is appropriate and complete in relation to our audit of the financial <br />statements. <br />Page 381 of 637