Financial and Grant Auditing Services

The Vendor is required to provide public accounting firms to provide as-needed auditing and related services on an on-call basis.
- Requirement:
1. Financial auditing
• Audit services for city funds, departments, component units, or related entities.
• Review of financial statements, schedules, notes, and related supporting documentation.
• Management letters, audit findings, and recommendations related to financial reporting and internal controls.
• Other financial audits as requested
2. Federal grant audit services
• Single audit services in accordance with uniform guidance.
• Federal grant compliance audits, testing, and related reporting.
• Review of federal grant expenditures, schedules, internal controls, and compliance requirements.
3. State grant and other compliance audit services
• State grant compliance audits and reviews.
• Audit services required by grant agreements, oversight agencies, or other regulatory requirements.
• Agreed-upon procedures or special audit services related to financial reporting, grant compliance, or internal controls.
4. Internal audit support
• Risk assessments and internal audit planning
• Internal control testing and evaluation
• Fraud risk assessment and detection support
• Assistance with development of internal audit programs, as requested
• Regulatory compliance reviews
• Monitoring and testing of compliance with applicable laws, regulations, and policies.