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Title: 2 - Administration and Personnel

Chapter: 100 - Procedure and Requirements for Determination of Permitted Rates

Section: 3

SubSection: 03 Auditor's opinion

The auditor's opinion required pursuant to Section 2.100.3.02 shall be made by an independent certified public accounting firm at the sole cost and expense of the franchisee and shall, at a minimum, contain the following:

A. A certification that the submittal of the franchisee on the rele­vant FCC-approved forms fairly and accurately presents, in all material respects, the program service rates for the basic service tier and the actual costs of regulated equipment and other reportable costs therein as determined in accordance with generally accepted accounting principles and generally accepted auditing standards, including without limitation, AU §§ 801 et seq. of the AICPA Professional Standards (it is the auditor's responsibility to detect and report material misstatements in the rate submittals resulting from violations of FCC regulations and/or these regulations that have a direct and material impact on the rate determinations required therein)

B. A certification that the submittal of the franchisee on the rele­vant FCC-approved forms is reported in compliance with FCC rules and regulations implementing the Cable Act, including without limitation, 47 CFR §§ 76.924 and 76.925 and the general instructions for completing the relevant forms

C. A detailed explanation of the source data examined, tested and utilized by the auditor in formulating the auditor's opinion

D.  A list of documents furnished by the franchisee to the auditor and utilized by the auditor in formulating the auditor's opinion

E.  A detailed explanation of the auditing methodology utilized by the auditor in formulating the auditor's opinion and

F.  A detailed explanation of the assumptions, if any, utilized by the auditor in formulating the auditor's opinion.

 

(Ord. 94-06 § 9 (part), 1994.)