Independent Audit Services

The Vendor is required to provide independent audit services of a certified public accounting firm to audit the financial reports of the district and related entities on an annual basis.
- Requirement:
• Annual audit of the district's and the foundation's financial statements, which are prepared in accordance with applicable governmental accounting standards board (GASB) standards and audited in accordance with the office's and generally accepted auditing standards in the country
• Assist chief financial officer with questions during the completion of the annual financials, and questions during the year as they pertain to financial transaction reporting, internal controls, new reporting pronouncements, etc.
• Annual tax return preparation of the library foundation’s IRS form 990 or EZ (if required)
• Presentation at meetings of the district’s board of trustees, in-person and virtually
• The district’s annual audit must be completed no later than June 15.