Audit Services

The vendor is required to provide from qualified auditing firms with significant experience in governmental auditing, particularly for county-level entities, to provide audit services in accordance with:
• Generally accepted auditing standards (GAAS)
• Government auditing standards issued by the comptroller general of the country
• Audit requirements of country code of federal regulations part 200 (uniform guidance)
• Governmental accounting standards board (GASB) pronouncements and updates
- Project environment
• County correctional facility joint public agency (JPA)
• County public building commission (PBC)
- The fiscal year for all audits is July 1 through June 30, in alignment with statutory and funding requirements to ensure compliance with state and federal regulations.
• Agency and commission: separate political subdivisions requiring independent audit reports.
• agency primarily manages bond and interest payments.
• Financial system: all financial activities for the entities above are maintained within JD Edwards EnterpriseOne, supported by the city of information services division.
• Reporting structure: agency is reported as a blended component of the county.
• County has two joint ventures not included in the financial statements: county fairgrounds joint public agency and the commission.
- Audit completion deadlines:
• County: February 28 (eight months post-fiscal year-end)
• Correctional facility joint public agency (JPA): December 15 (six months post-fiscal year-end)
• public building commission (PBC): December 15 (six months post-fiscal year-end)
- The final audit reports must include:
• Report cover, index/table of contents
• Independent auditors’ reports (financial statements, compliance, and internal control)
• A review of the financial statements and management discussion and analysis prepared by county to ensure compliance with board and GAAP.
• Supplemental schedules
• Management letters with recommendations on financial reporting, internal control, and compliance matters
• Other disclosures as required under GASB and regulatory frameworks
- Work plan
• Provide work plan as part of the proposal response, outlining all activities and dates of completion
- in preparation for the audit engagement, county will fulfill the following responsibilities:
1. Provision of workspace and facilities:
• Allocate conference room workspace for the audit firm's personnel during on-site engagements
2. Access to personnel and documentation:
• Ensure that county staff are available to assist auditors by providing necessary information, documentation, and explanations
3. Preparation of financial statements, and awards:
• Prepare financial statements.
• Prepare the schedule of expenditures of federal awards (SEFA).
4. Timely response to inquiries:
• Respond to auditor questions and inquiries in a timely manner.
- Contract Period/Term: 1 year