Accounting Services

The Vendor is required to provide professional accounting services to submit current statements of qualifications and expressions of interest to support anticipated department accounting requirements during fiscal year 2027.
- The Consultant will be required to provide select schedules for the State’s Annual Comprehensive Financial Report (ACFR) and departmental financial statements for the State of Hawaii (State) to improve the timeliness and accuracy of the ACFR deliverables.
- Schedules may include, but not be limited to, modified accrual fund binder; adjusting/reclassifying journal entries and supporting schedules; and work papers such as Fixed Assets, Construction-In- Progress, and Vouchers Payable.
- Within the last five years, must have a minimum of 2,000 hours of experience in preparing governmental financial statements and notes to the financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
- Within the last five years, must have a minimum of 2,000 hours experience in governmental accounting.
- Provide assistance in preparing high level financial reports in accordance with Generally Accepted Accounting Principles (GAAP) which may include:
•    Annual Comprehensive Financial Report financial statements
•    Departmental financial statements
•    Notes to the financial statements
- Departmental information - which may include, Cash Held Outside the State Treasury, Investments Held Outside the State Treasury, Office Supplies, Prepaid Expenses, Vouchers Payable, Accrued Payroll, Other Accrued Liabilities, Revenue Bonds Payable, Lease Commitment Footnote Disclosure, Accrued Vacation and Sick Leave.
- Fixed Asset and Accumulated Depreciation - which may include Fixed Asset and Roll Forward summary and details including beginning balances, additions, disposals, change increases/decreases, transfers in/out, Construction-In-Progress (CIP) analyses.
- Post-closing entries and supporting schedules – which may include adjusting/reclassifying entries required for fair presentation of the budgetary control financial statements, entries that need to be booked in order to convert budgetary control financial statements to modified accrual and full accrual.
- Other schedules required for preparation of the Annual Comprehensive Financial Report (ACFR).