Financial Audit Services

The Vendor is required to provide independent certified public accounting firms to provide financial audit services for and its member agency.
- The auditor shall also be responsible for performing certain limited procedures involving supplementary information required by the Governmental Accounting Standards Board as mandated by generally accepted auditing standards.
- Report on compliance for each major federal program, on internal control over compliance, and on the schedule of expenditures of federal awards required by the uniform guidance
- Complete and sign specified sections of the data collection form for submission to the federal audit clearing house
- Issue a management letter addressing accounting system, internal control and compliance weaknesses identified in the auditor’s examination of the books and records and to include recommendations and possible solutions for the issues identified
- Reporting: issuing a separate report on the program’s financial statements or a report on the program’s compliance with specific laws, regulations, and contract provisions