Form Tc309 - Accountant'S Certification - The Tax Commission Of The City Of New York - 2004

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THE TAX COMMISSION OF THE CITY OF NEW YORK
1 Centre Street, Room 936, New York, NY 10007
TC309
2004
ACCOUNTANT’S CERTIFICATION
Attachment to application. Not valid if filed separately.
This form must accompany Form TC201, the Tax Commission’s schedule of income and expenses for rent-producing properties, for a
parcel having a tentative actual assessed valuation of $1,000,000 or more, and income exceeding $50,000, as set forth in the
schedule. An accountant’s certification is required only for rent-producing properties. It is not required when the Tax Commission
prescribes use of a schedule other than Form TC201. The certification is limited to certain parts of the schedule as indicated in Form
TC201. The schedule and this certification are a part of an application for correction or supplemental application. They may not be
submitted separately. The Tax Commission has no authority to extend the time for filing. This form must not be conditioned, modified
or altered in any respect. It must be signed by an independent certified public accountant, using his or her own name, not the firm
name. This form and the schedule which it accompanies are subject to public disclosure.
This certification is attached to an application for property identified as follows:
BOROUGH (Bronx, Brooklyn, Manhattan, Queens or Staten Island)
BLOCK
LOT
ASSESSMENT YEAR
2004/05
INDEPENDENT AUDITOR’S REPORT
I have audited the accompanying schedule of income and expenses, Form TC201, prepared pursuant to the requirements of the Tax
Commission of the City of New York, of ___________________________________________________, the applicant, reflecting the
operations of the property identified above for the fiscal period _______/_______/_______ to _______/_______/_______
The schedule is the responsibility of the applicant. My responsibility is to express an opinion on this schedule based on my audit. I
conducted my audit in accordance with generally accepted auditing standards. Those standards require that I plan and perform the
audit to obtain reasonable assurance about whether the schedule is free from material misstatement. An audit includes examining, on
a test basis, evidence supporting the amounts and disclosures in the schedule. An audit also includes assessing the accounting
principles used and significant estimates made by the applicant, as well as evaluating the overall schedule presentation. I believe that
my audit provides a reasonable basis for my opinion. The schedule is presented pursuant to the requirements of the Tax Commission
of the City of New York and on the basis of accounting described below, and is not intended to be a complete presentation of the
property’s revenues and expenses.
ACCRUAL BASIS. The schedule of income and expenses has been prepared on the accrual basis. Under the requirements of the
Tax Commission, the schedule does not include interest expense, depreciation, other items set forth below and footnote disclosures
which are necessary for a complete presentation of the results of operations of the property in conformity with generally accepted
accounting principles.
CASH BASIS. The schedule of income and expenses has been prepared on the basis of cash receipts and disbursements;
consequently, certain revenues are recognized when received rather than earned, and certain expenses are recognized when paid
rather than when the obligation is incurred. In addition, under the requirements of the Tax Commission, the schedule does not include
interest expense, depreciation, other items set forth below and footnote disclosures which are necessary for a complete presentation
of the results of operations of the property. Because of the foregoing, the schedule does not purport to present results of operations in
conformity with generally accepted accounting principles.
Other income and expense items excluded from Form TC201 schedule of income and expenses:
_________________________
_________________________
_________________________
_________________________
_________________________
_________________________
_________________________
_________________________
Footnotes:
_________________________________________________________________________________________________
___________________________________________________________________________________________________________
___________________________________________________________________________________________________________
In my opinion, the aforementioned schedule of income and expenses on borough/block/lot __________/__________/___________
presents fairly, in all material respects, the information contained therein in conformity with the basis of accounting described above.
This report is prepared solely for information and use of the applicant and for filing with the Tax Commission of the City of New York
and should not be used for any other purpose.
,
SIGNATURE OF CERTIFIED PUBLIC ACCOUNTANT:
_______________________________________________________________
CPA
PRINT NAME OF SIGNER:
_____________________________________________________________________________________________
PRINT FIRM NAME:
___________________________________________________________________________________________________
ADDRESS:
___________________________________________________________________________________________________________
DATE
__________/__________/___________
Page _______
TC309

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