Financial Audit Services

The Vendor is required to provide to deliver comprehensive financial audit services, including interim and year-end audits, management letters, and final audited financial statements in accordance with standards.
- The audit firm should have a research staff who keeps up to date with the changes in agency legislation and can provide support and guidance on the changes (e.g. webinars, presentations, meetings, firm guides/documents, etc.)
- The audit firm partner will provide audit oversight, review and sign off on the final audit report. The partner assigned to the project should not be replaced without the City’s approval. The City may request replacement of a partner or other audit team members.
- The annual report highlights
- The financial information return
- The statements of revenue and expenditure for the family and community support services
- A portion of the audit should be performed in person on city premises, and the audit partner and/or manager will meet with city administration weekly or as needed by administration for a status update and support;
- Results of the audit;
- Significant audit adjustments;
- The audit firm shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance.