51SAMPLE WORDING FOR
INDEPENDENT ACCOUNTANTS' REPORT ON AGREED -UPON
LIMITED PROCEDURES REVIEW
City Council
City of El Segundo
El Segundo, California
We have performed the procedures enumerated herein, which were agreed to by the City of El Segundo,
' solely to assist the City with respect to the business license fees paid by for the year
ended . This engagement to apply agreed -upon procedures was performed in
accordance with standards established by the American Institute of Certified Public Accountants. The
' sufficiency of the procedures is solely the responsibility of the City of El Segundo. Consequently, we make
no representation regarding the sufficiency of the procedures described below either for the purpose for
which this report has been requested or for any other purpose.
We were not engaged to, and did not perform, a certified audit, the objective of which would be the
expression of an opinion on the business license fees paid by for the year ended
. Accordingly, we do not express such an opinion. Had we performed additional
procedures, other matters might have come to our attention that would have been reported to you.
This report is intended solely for the use of the City of El Segundo and should not be used by those who
have not agreed to the procedures and taken responsibility for the sufficiency of the procedures for their
purposes. However, if this report is made a matter of public record, its distribution will not be limited.
Although defalcation and similar irregularities may occasionally be disclosed by this type of engagement,
it is not designated for such a purpose and should not be relied upon to disclose fraud, should any exist.
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