Professional Auditing Services

The Vendor is required to provide Certified Public Accountants (CPA) to audit the Town’s financial and accounting system.
- The Finance Director is also responsible for Human Resources.
- The Town is requesting proposals from qualified proposers to audit its basic financial statements for the fiscal year ending June 30, 2026, and for fiscal years June 30, 2027, and June 30, 2028.
- The audit is to be performed in accordance with generally accepted accounting standards, the standards set forth for financial audits in Office’s.
- Auditing firm to issue an opinion on the individual, combining and combined Town’s financial statements.
- The Town also expects the proposer to prepare notes to the financial statements, assist client with disclosure requirements, and prepare supplemental schedules as required. The Town expects the Auditor will provide the Town technical advice and recommendations as to current statement requirements and the Town’s compliance with such.
- This includes advising the Town as needed in the preparation of the Introductory Section, the Financial Section’s Management Discussion and Analysis, and the Statistical Section.
- Assistance Available to Auditor by the Town Staff
• Prepare confirmation letters for bank accounts, receivables, payables, etc.
• Reconciliation of all balance sheet accounts to supporting detail, including cash and investments, utility receivables, miscellaneous receivables, trade payables, interfund transfers / payables, bond payables, etc.
• Detailed schedule of operating expenses
• Schedule of debt service coverage
• Fixed asset schedules, including additions, deletions, depreciation schedules and a summary report to be utilized for the audit report.
• Detailed schedules of all year-end inventories.
• Transaction listings will be provided for all accounts requested.
• The staff will be available to pull cancelled checks, voucher packages and other documents as required.
• Unaudited financial information
• The finance staff will serve as a liaison for gathering information from other departments, such as courts and victim’s advocate services and other offices in the various departments of the town.