i adopt to point out that the city's cafr incorporates separate financial statements audited by kpmg as mentioned in the previous presentation. in terms of the audit results for the previous fiscal year we issued opinions on both the city's financial statements as well as the single audit. that is the highest level of assurance you can receive for these. we issued reports related to the internal reporting and compliance and i will go over later in the slides. we issue a separate report directly to this committee and that report includes communications under professional standards as well as our audit authorization from the various audits. so in the next two slides i will go over the required communications. 22 of the. >> >> two of the items that we're required to communicate to the governing body is the professional standards and timing, scope of the audit. we communicated those two items in the previous audit plan that was presented last year. the remaining required communications which i are list on the slide are included in the report to and report to the gao and these are standar

i adopt to point out that the city's cafr incorporates separate financial statements audited by kpmgs mentioned in the previous presentation. in terms of the audit results for the previous fiscal year we issued opinions on both the city's financial statements as well as the single audit. that is the highest level of assurance you can receive for these. we issued reports related to the internal reporting and compliance and i will go over later in the slides. we issue a separate report directly to this committee and that report includes communications under professional standards as well as our audit authorization from the various audits. so in the next two slides i will go over the required communications. 22 of the. >> >> two of the items that we're required to communicate to the governing body is the professional standards and timing, scope of the audit. we communicated those two items in the previous audit plan that was presented last year. the remaining required communications which i are list on the slide are included in the report to and report to the gao and these are standard

i adopt to point out that the city's cafr incorporates separate financial statements audited by kpmg as mentioned in the previous presentation. in terms of the audit results for the previous fiscal year we issued opinions on both the city's financial statements as well as the single audit. that is the highest level of assurance you can receive for these. we issued reports related to the internal reporting and compliance and i will go over later in the slides. we issue a separate report directly to this committee and that report includes communications under professional standards as well as our audit authorization from the various audits. so in the next two slides i will go over the required communications. 22 of the. >> >> two of the items that we're required to communicate to the governing body is the professional standards and timing, scope of the audit. we communicated those two items in the previous audit plan that was presented last year. the remaining required communications which i are list on the slide are included in the report to and report to the gao and these are standar

i adopt to point out that the city's cafr incorporates separate financial statements audited by kpmg as mentioned in the previous presentation. in terms of the audit results for the previous fiscal year we issued opinions on both the city's financial statements as well as the single audit. that is the highest level of assurance you can receive for these. we issued reports related to the internal reporting and compliance and i will go over later in the slides. we issue a separate report directly to this committee and that report includes communications under professional standards as well as our audit authorization from the various audits. so in the next two slides i will go over the required communications. 22 of the. >> >> two of the items that we're required to communicate to the governing body is the professional standards and timing, scope of the audit. we communicated those two items in the previous audit plan that was presented last year. the remaining required communications which i are list on the slide are included in the report to and report to the gao and these are standar

i adopt to point out that the city's cafr incorporates separate financial statements audited by kpmgned in the previous presentation. in terms of the audit results for the previous fiscal year we issued opinions on both the city's financial statements as well as the single audit. that is the highest level of assurance you can receive for these. we issued reports related to the internal reporting and compliance and i will go over later in the slides. we issue a separate report directly to this committee and that report includes communications under professional standards as well as our audit authorization from the various audits. so in the next two slides i will go over the required communications. 22 of the. >> >> two of the items that we're required to communicate to the governing body is the professional standards and timing, scope of the audit. we communicated those two items in the previous audit plan that was presented last year. the remaining required communications which i are list on the slide are included in the report to and report to the gao and these are standard items th

i adopt to point out that the city's cafr incorporates separate financial statements audited by kpmg as mentioned in the previous presentation. in terms of the audit results for the previous fiscal year we issued opinions on both the city's financial statements as well as the single audit. that is the highest level of assurance you can receive for these. we issued reports related to the internal reporting and compliance and i will go over later in the slides. we issue a separate report directly to this committee and that report includes communications under professional standards as well as our audit authorization from the various audits. so in the next two slides i will go over the required communications. 22 of the. >> >> two of the items that we're required to communicate to the governing body is the professional standards and timing, scope of the audit. we communicated those two items in the previous audit plan that was presented last year. the remaining required communications which i are list on the slide are included in the report to and report to the gao and these are standar

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kpmg. continuing our commitment to the next generation of women leaders. >>> look at the dow.t's up 372 points, but the one thing about stocks in september is that you never know what's going to happen in stocks in september. deirdre bosa knows what might happen based on history and joins us from the great nation of canada. >> well put. historically september is a tough month to for stocks. will history repeat itself? based on historical data and soft start to the month we've seen, it could be a particularly bad september swoon. we look at analysis to look what happened in the past when stocks have fallen 1% or more in the first week of trade in september. there have only been eight instances that happened since 1990. the worst income 2001. after that the s&p continued to fall and end the month in negative territory seven out of eight instances. all but one losing 5% on average. last time we saw the s&p fall significantly was september 2011. small cap russell 2000 index fared worse on the month taking more than 11%. s&p 500 did lose 2.5% in the first four days of trade. we are

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kpmg.e next generation of women leaders. >>> welcome back, everybody. let's look at some of the stocks on the move in premarket trading. mattress firm earning 67 cents a share for the latest quarter. it missed estimates by 5 cents. revenue also below forecast with the company pointing to sales softness second half of the quarter. reported quarterly profit of 85 cents a share. that was a penny better than the street was expecting. sales were also better than expected. the company increased the full year forecast. stock up by about 2%. and finisair missings estimates. also announcing that executive chairman jerry riles will assume the ceo post. he had previously been the ceo from 19 it to 2008. take a look. that stock down by almost 17% today. >>> when we come back, we have breaking economic news. key inflation data. but first we are looking at a live picture outside the pentagon. today marks 14 years since the september 11th terrorist attacks. the ceremonies are scheduled across the country