Professional Audit Services

The vendor is required to provide professional audit services.
- Audit services shall include:
• Review of files at physical locations to minimize the need for pulling documents,
• Preparation of schedules required for completion of fieldwork and audit papers,
• Preparation of audit confirmations,
• Ensuring all appropriate reports footnotes are written to clarify or supplement financial information,
• Assistance with the preparation of the transmittal letter, management discussion and analysis section and supplementary data as needed for completion of the reports,
• Preparation of an application for the certificate of achievement in financial reporting for the city to submit to the government,
• Detailed response to each of the government reviewer comments and suggestions for improvements.
- Audit reports to be issued include:
• A report on the fair presentation of the financial statements in conformity with generally accepted accounting principles, including an opinion on the fair presentation of the supplementary schedule of expenditures of federal awards.
• A report on compliance with laws and regulations and internal control over financial reporting based on an audit of the financial statements.
• A report on compliance and internal control over compliance applicable to each major federal program.
• The schedule of expenditures of federal awards and related single audit report as well as the reports on compliance and internal controls are not to be included in the reports, but are to be issued separately.