Public Accounting, Auditing and Related Advisory Services

The Vendor is required to provide public accounting, auditing and related advisory services to be provided shall include, but not be limited to, (1) auditing authority annual financial statements; (2) reviewing authority interim financial statements; (3) issuing required audit reports and opinion letters; and (4) providing related reports, presentations, and advisory services, including but not limited to internal controls reporting, compliance reviews, and consultation on accounting and financial reporting matters.
- Requirement:
• An audit of the organization’s statement of net position as of October 31, and the related statements of revenue, expenses, and changes in net position and cash flow statements for the year then ended in accordance with generally accepted governmental auditing standards (“GAGAS”).
• A review of the organization’s statement of net position as of April 30, and the related statements of revenue, expenses, and changes in net position and cash flow statements for the six months then ended.
• A report to authority audit committee
• A report on internal controls.
• A management letter to be attached to the year-end and six-month financial statements, if needed.
• A report on compliance with investment guidelines.
• A report on information technology observations and recommendations.
• Ad-hoc, informal consultation and guidance on related financial accounting and internal control matters, such as, but not limited to, GASB issues impacting the organization’s recording or reporting of business transactions.
• Presentation of audited financial statements to authority audit committee and attendance at monthly board and quarterly audit committee meetings as requested.