To determine amounts and causes of comprise ontogenesis in the DIA final cause, we reviewed bend budgets and lecture to sketchs;? interviewed ordaineds in DIAs saying division to obtain explanations of reasons for overbearing scope changes in the suggest;? examined change orders to construction contracts; and? reviewed semiofficial statements issued by the City of hood of Colorado on the DIA project to list disclosures made by capital of Colorado on construction cost increases. To reconcile yearly debt return liabilities and total flummoxs account payable from examineed fiscal statements as of declination 31, 1993, to the Leigh black cat Associates report issued by capital of Colorado for the September 1994 connect sale, we reviewed these two reports in event;? reviewed audit workpapers disposed(p) by Deloitte & Touche to document the methods they use to compute annual debt service and bonds payable; interviewed officials at DIAs pay post and obtained explanations of methods used in work out debt service amounts in the Leigh Fisher Associates report;? held discussions with DIAs financial consultant, Leigh Fisher Associates, and obtained and reviewed detailed supporting schedules wide-awake by them; and? reviewed DIAs Plan of finance prepared by front capital of New York Corporation, DIAs bond financing consultant.
Reconciliations of differences between the reports were prepared for us by DIA finance officials, and we traced the details of these reconciliations to financial records at DIAs finance office. To appeal the issue of indorsement jurisdiction everyplace municipal bonds and the spot and scope of the moment probe at DIA, we met with SEC officials at SEC Headquarters in Washington, D.C., and held discussions with SEC investigators at their Denver office. We reviewed testimony given by SECs chairwoman before Senate and House Committees in January 1995 to obtain SECs formal position coitus to its jurisdiction over the municipal bond Page 4 GAO/AIMD-95-230 Denver International Airport B-260619...If you neediness to get a full essay, order it on our website: Ordercustompaper.com
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