Dai the Stuggle

To determine amounts and causes of comprise growth in the DIA lying-in, we reviewed saying budgets and sing to reports;? interviewed ordaineds in DIAs construction division to obtain explanations of reasons for imperative scope changes in the project;? examined change orders to construction contracts; and? reviewed ordained statements issued by the City of capital of Colorado on the DIA project to list disclosures made by Denver on construction cost increases. To reconcile annual debt return liabilities and total bonds payable from examineed fiscal statements as of December 31, 1993, to the Leigh Fisher Associates report issued by Denver for the September 1994 bond sale, we reviewed these two reports in event;? reviewed audit workpapers prepared by Deloitte & Touche to document the methods they use to figure out annual debt service and bonds payable; interviewed officials at DIAs pay office and obtained explanations of methods used in computing debt service amounts in the Leigh Fisher Associates report;? held discussions with DIAs financial consultant, Leigh Fisher Associates, and obtained and reviewed elaborated supporting schedules prepared by them; and? reviewed DIAs Plan of pay prepared by First 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 address the issue of indorsement jurisdiction everyplace municipal bonds and the status and scope of the moment investigation at DIA, we met with second base officials at sec He adquarters in Washington, D.C., and held dis! cussions with SEC investigators at their Denver office. We reviewed testimony given by SECs Chairman before Senate and House Committees in January 1995 to obtain SECs formal position relative to its jurisdiction everyplace the municipal bond Page 4 GAO/AIMD-95-230 Denver foreign Airport B-260619...If you neediness to get a full essay, order it on our website: OrderEssay.net

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