Annual Financial and Compliance Audit Services

The Vendor is required to provide to obtain the services of a public accounting firm for the annual financial and compliance audit for fiscal year ending August 31, 2026.
- The financial statement audit is to determine whether (1) the financial statements present fairly the financial position, results of operations, and cash flows in accordance with generally accepted accounting principles, and (2) whether the agency has complied with laws and regulations for those transactions and events that may have a material effect on the financial statements.  
- The financial related audit will also include determining whether (1) financial reports and related items are fairly presented, and (2) financial information is presented in accordance with established or stated criteria.
- The audit of the general purpose financial statements, transactions and records pertaining to federal and state programs will be tested for material compliance with applicable federal and state laws, rules, and regulations, and all instances of noncompliance required to be reported under Government Auditing Standards will be reported to agency.
- The compliance audit, commonly referred to as the single audit, subjects to testing all federal and state financial assistance.
- The independent auditor will be required to provide a management letter containing comments oriented toward constructive improvements, when appropriate.