Professional Auditing Services

The Vendor is required to provide audit its financial statements for the fiscal years ending June 30, 2026, through 2028, with the option to renew for two subsequent fiscal years in addition to performing other financial audits and reviews.
- Tasks:
• The audit firm shall perform an audit of all funds of the city in accordance with auditing standards generally accepted in the country, and the standards applicable to financial audits contained in government auditing standards issued by the comptroller general of the country.
• The audit firm shall express an opinion on the financial statements mentioned in this section as to whether they present fairly, in all material respects, the financial position of the city and the changes in financial position in conformity with generally accepted accounting principles (GAAP), and issue independent auditors’ reports stating this opinion.
• The audit firm shall prepare the city’s annual comprehensive financial report (ACFR) in accordance with the latest statements by governmental accounting standard board (GASB), including the basic financial statements, notes to the basic financial statements, required supplementary information, supplementary information and fiduciary fund financial statements.
• The audit firm shall apply limited audit procedures to management’s discussion and analysis (MD&A).