Financial Audit and Tax Services

The vendor is required to provide a financial audit of its financial statements each fiscal year ending June 30th, as well as a report of the independent certified public accountant opinion on the fairness of presentation.
- The independent certified public accountant will conduct the audit in accordance with the following
requirements and standards:
• AICPA generally accepted auditing standards
- The independent certified public accountant will be required to:
• Provide a separate audit report on internal control over financial reporting and on compliance in accordance with government auditing standards (“yellow book”).
• Provide a separate audit report under the single audit program to meet federal dot inspector general audit requirements on grants by recipient organizations.
• Provide a separate audit report for the financial statements of measured funds received and used by county
• The audit shall report on evidence that the expenditure of (sales tax) measured funds is in accordance with the expenditure plan developed by the county regional transportation commission (SCCRTC) and adopted by county voters in November 2016.
• This audit is a requirement under the measure d master funding agreement between the SCCRTC and county.
• Provide a management letter for each year audited, to include a statement of audit findings and recommendations affecting the financial statements, internal control, accounting, accounting systems, legality of actions, other instances of non-compliance with laws and regulations, and any other material matters, as appropriate.
- All accounting records are computerized, and financial information is electronically available.
- Contract Period/Term: 2 years
- Questions/Inquires Deadline: April 11, 2025