The vendor is required to provide the auditor to express an opinion on the fair presentation of its basic financial statements, the combining and individual non-major fund financial statements and schedules in conformity with generally accepted accounting principles.
- The auditor shall, as part of the written report of audit, submit to the organization’s governing body a report containing an expression of an unmodified or modified opinion on the financial statements.
- This report shall state that generally accepted government auditing standards have been followed in the audit, except when a disclaimer of opinion is issued.
- The auditor shall make written reports, which shall be a part of the written report of audit, to the organization’s governing body setting forth findings, recommendations for improvement, concurrence or nonoccurrence of appropriated officials with the audit findings, comments on corrective action taken or planned, and comments on the disposition of prior year findings.
- The auditor shall furnish 35 copies of the report to the organization’s governing body.
- It is anticipated that the auditor report shall be filed prior to November 30, 2025, but in no case, shall be filed later than December 31st.
- the auditor agrees to retain working papers for no less than three (3) years and that all audit working papers shall, upon request, be made available for review by the comptroller of the treasury or the comptroller’s representative, agents, and legal counsel, during normal working hours while the audit is in progress and/or subsequent in the completion of the report.
- The auditor as follows:
• Adjusted trail balance for all funds.
• Detailed schedules of revenues and expenditures, expenses, accounts payable and receivable, encumbrances.
• Detail of balance sheet and subsidiary account activity.
• Check registers for all funds.
• Bank reconciliation for all accounts.
• Detail of capital projects expenditures
• Analysis of accounts as requested
• Debt schedules
• Fixed assets schedules
• Latest actuarial reports
• Notes to the combined financial statements
• Required supplementary information
• Management’s discussion and analysis
• Schedule of federal and state assistance
• Reconciliation of grants
• Year-end financial statements
- Contract Period/Term: 5 years
- Questions/Inquires Deadline: April 7, 2025
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