§ 5.36.715. Auditor's opinion.  


Latest version.
  • All forms and materials submitted by the Cable Operator pursuant to this chapter shall be submitted together with an unqualified opinion of a certified public accountant ("Auditor's Opinion"). The Auditor's Opinion shall contain, at a minimum, the following items:

    (a)

    A certification that the data submitted by the Cable Operator truly and accurately reflect the actual costs of regulated equipment and services and other costs reported therein as determined by the Auditor in accordance with generally accepted auditing standards, including without limitation, AU section 801 et seq. of the AICPA Professional Standards and any successor sections, and that the financial information contained therein is reported in compliance with FCC rules and regulations implementing the Cable Act of 1992, including without limitation, 47 CPR sections 76.924 and 76.925 and any successor sections;

    (b)

    A detailed explanation of the source data examined, tested and utilized by the Auditor in formulating the Auditor's Opinion;

    (c)

    A list of documents furnished by the Cable Operator to the Auditor and utilized by the Auditor in formulating the Auditor's Opinion;

    (d)

    A detailed explanation of the auditing methodology utilized by the Auditor formulating the Auditor's Opinion; and

    (f)

    A detailed explanation of the assumptions utilized by the auditor in formulating the Auditor's Opinion.

    Upon the request of the City Manager, the Auditor shall provide to the City Manager a copy of the audit working papers utilized in formulating the Auditor's Opinion within five days of such request. These working papers shall be kept confidential to the extent required by federal law and FCC regulations.

    This section shall not in any way affect the City's authority to review records of the Cable Operator pursuant to Section 5.36.630 above, or any other law, ordinance or agreement.

(Ord. No. 820, § 1, 3-19-02)