The Vendor is required to provide audit should include tests of the accounting records and other auditing procedures as deemed necessary by that firm, in order to ensure certification of the college’s financial statements.
- Financial statement audit
• Independent auditor’s report.
• Management discussion and analysis.
• Comparative statements of net position.
• Comparative statements of revenues, expenses, and changes in net position.
• Comparative statements of cash flows.
• Notes on financial statements.
• Required supplementary information
• Schedule of expenditures of federal awards.
• Schedule of expenditures of state awards.
• Independent auditor’s report on internal control over financial reporting and on compliance and other matters based on an audit of financial statements performed in accordance with governmental auditing standards.
• Independent auditor’s report on compliance for each major program and report on internal control over compliance required by the uniform guidance and state circular 15-08-omb.
• Notes, findings and questioned costs.
• Management letter.
- Enrollment audit
• Independent accountant’s report.
• Schedule of total credit-hour enrollments.
• Notes to schedules.
• Sampling methodology and results for confirmation of student enrollments.
Set up free email alerts and get notified when new government bids, tenders and procurement opportunities match your industry and location. Choose daily or weekly delivery.