TO: Chair and Members of the Audit Advisory Committee
THRU: Trang Nguyen, Finance Director
FROM: Andrea Pham, Assistant Finance Director
1. Subject
title
Fiscal Year Ending June 30, 2025, Audit Planning.
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2. Recommended Action
recommendation
Select up to three members of the Audit Advisory Committee to work with staff and Lance, Soll & Lunghard LLP to plan for the fiscal year ending June 30, 2025 audit.
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3. Discussion and Background
As outlined in City of Orange Ordinance 02-24, one of the Audit Advisory Committee’s responsibilities is to conduct a planning meeting with the City’s auditors to address any questions or concerns related to the upcoming audit and internal controls testing. This meeting ensures a collaborative approach in preparing for the annual audit and strengthens transparency and accountability in the City’s financial processes.
The City’s auditor for the fiscal year ending June 30, 2025, is Lance, Soll & Lunghard, LLP (LSL). Under the Brown Act, committee meetings involving a quorum must be publicly noticed to maintain transparency. To comply with these regulations, staff recommend designating up to three members of the Audit Advisory Committee to collaborate with City staff and the auditors to facilitate the audit planning process. The full committee will remain informed of the audit progress, findings, and key developments at a publicly scheduled meeting. The interim audit is scheduled for the week of June 2, 2025 and the year-end audit is tentatively scheduled from October 27 to November 14, 2025.
4. ATTACHMENTS
• Ordinance No. 02-24