Auditing Services

The vendor is required to provide that auditing services for the fiscal years ending June 30, 2025, 2026, 2027, with the option to renew for 2028 and 2029.
- State laws require an annual audit of the financial records and transactions of the village by independent certified public accountants selected by the village board.
- Agency desires the auditor to express an opinion on the fair presentation of the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information including the discretely presented component unit of agency in conformity with generally accepted accounting principles.
- The auditor shall also be responsible for performing certain limited procedures involving required supplementary information required by the governmental accounting standards board as mandated by generally accepted auditing standards.
- The audit firm is also expected to post all GASB 34 entries
- The audit shall be performed in accordance with generally accepted auditing standards as set forth by the american institute of certified public accountants and the provisions of the single audit act of 1996 and the provisions of uniform grant guidance, audits of states, local governments, and non-profit organizations
- Contract Period/Term: 2 years