Municipal Accounting Services

The vendor is required to provide that municipal accounting services including but not limited to financial reporting, and compliance with governmental accounting standards.
-Required services in the proposal must include, but are not limited to:
•Preparation of financial statements
•Program and single audits: Conducted in accordance with circular.
•Compliance assistance: Support in implementing and reporting accounting standards.
•State annual financial report update: Preparation and submission.
•Annual court audit: Conduct and report as required by the unified court system.
•Accounting and reporting manual compliance: Services must align with state comptroller guidelines, ensuring:
oA uniform accounting system.
oConformant financial statements.
oBudgetary control.
oProper reporting of capital assets and long-term liabilities.
oAccurate interim and annual financial reports.
-Proposals should be clear and concise, demonstrating the firm’s experience, qualifications, and approach. include the following:
•Firm background: A brief history of the firm, highlighting municipal experience.
•Key Personnel qualifications: Include the qualifications of supervisory staff.
•Relevant clients: A list of state or local government clients that demonstrate the firm’s
experience.
•Fee structure: Provide a fixed or not-to-exceed fee for services outlined in the scope of services, along with a proposed fee schedule for any additional accounting duties that may arise.
•Statement of non-collusion: Signed & notarized ‘statement of non-collusion by bidder’ as required in general instructions for proposals.
•Hold harmless agreement: Signed and notarized hold harmless agreement.
-The extent and character of the supplies, materials, or equipment’s required and a representation that the contractor can furnish the supplies, materials, or equipment satisfactorily in complete compliance with the specifications.
-The village of war wick requires the expertise of a certified public accounting firm with extensive experience in governmental financial services. services to be performed include:
•Assistance in preparing and finalizing the village’s annual budget including attendance at
budget meetings, budget analysis, and final reports.
•Preparation of required financial reports for the state, including adjustments
and reconciliations as necessary.
•Availability for consultation with the mayor, treasurer, and board of trustees on financial
matters.
-Contract Period/ Term: 1 years