|
Single Audit
The independent audit of the financial statements (CAFR)
of the City of Redwood City is part of a broader, federally
mandated “Single Audit” designed to meet the special
needs of federal grantor agencies. The standards governing
Single Audit engagements require the independent auditor to
report not only on the fair presentation of the financial
statements, but also on the audited government’s internal
controls and compliance with legal requirements, with special
emphasis on internal controls and legal requirements involving
the administration of federal awards. These reports are available
in the City of Redwood City’s separately issued Single
Audit Report.
|