Auditing Services

The Vendor is required to provide auditing services being requested will relate to all of the housing authority’s programs and shall include, but not be limited to, the following:
• Draft and issue a comprehensive financial and compliance audit for the fiscal year ending 2026, which shall include:
o A complete audit of all federal, state, and other awards of financial assistance received by the housing authority in accordance with the office circular a-133 and the a-133 compliance supplement or its successor pursuant to the single audit act of 1984;
o An evaluation of authority internal financial controls over cash receipts, disbursements, fixed assets, and payroll cycles as they relate to authorization, completeness, accuracy, substantiation of balances, and access to assets; and
o A review of operational efficiency and effectiveness, including any recommendations for improvement;
• Compare financial statements between the prior and current fiscal years and implement any recommendations for the current fiscal year;
• Assist in all HUD real estate assessment center (REAC) reporting, including certification of all required electronic reporting requirements in strict compliance with reporting deadlines;
• Provide continuing professional education of staff regarding audit-related activities and bookkeeping;
• Conduct audit entrance and exit conferences with the executive director and housing authority staff to discuss audit approach and any subsequent findings and recommendations; and
• Appear before the housing authority board of commissioners at the conclusion of the audit and present the audited financial statements and audit report to the board and the general public.