Independent Auditing Services

The Vendor is required to provide independent auditing services for the fiscal years ending September 30, 2026, September 30, 2027, and September 30, 2028, with optional renewals for the fiscal years ending September 30, 2029, and September 30, 2030.
- Financial statement audit
• Audit the authority's financial statements, including the related notes and required supplementary information, in accordance with auditing standards generally accepted in the country.
• Perform the audit in accordance with government auditing standards, as applicable.
• Express an opinion on the authority's financial statements.
• Perform all procedures necessary to obtain reasonable assurance that the financial statements are free from material misstatement.
• Communicate audit findings, internal control matters, significant accounting issues, and required governance communications to management and those charged with governance.
- Single audit
• Perform a single audit in accordance with the uniform administrative requirements, cost principles, and audit requirements for federal awards
• Test compliance for major federal programs.
• Report on internal control over compliance and compliance for major programs.
• Prepare and submit all required reports associated with the single audit.
- Applicable standards and requirements
• Generally accepted auditing standards (GAAS)
• Government auditing standards (yellow book)
• Uniform guidance
• Governmental accounting standards board (GASB) pronouncements
• Any other applicable federal, territorial, or professional requirements.