Entrance Audit Services

The vendor is required to provide entrance audit shall include, but is not limited to, a comprehensive review and evaluation of the following:
1. Procurement Practices 
•    Assess compliance with procurement laws, Township policy, and contract award processes. Review vendor relationships and payment approval procedures. 
2. Accounts Payable and Payroll 
•    Examine accuracy, internal control, segregation of duties, and fraud detection systems. 
•    Assess whether proper verification and approval of payments and employee records exist. 
3. Revenue Management 
•    Review the receipt, classification, and use of funds from local, state, federal, and grant sources. 
•    Assess internal controls over cash receipts, deposits, and reconciliations. 
4. Policy and Procedure Enforcement 
•    Determine the adequacy and enforcement of Township administrative policies. 
5. Budget Management and Approvals 
•    Review how budgets are prepared, approved, monitored, and amended. 
•    Evaluate controls over spending relative to budget authority. 
6. Asset Management 
•    Review inventory and fixed asset tracking systems. 
•    Evaluate accountability and disposition processes. 
7. HR and Payroll Practices 
•    Assess hiring practices, employee classification, time tracking, leave reporting, and payroll distribution. 
•    Evaluate any duplicate or ghost employee risks. 
8. Board Activity and Oversight
•    Assess governance practices, oversight roles, board documentation, and financial accountability. 
•    Evaluate Township Board responsiveness to audit findings and corrective actions. 
9. Compliance Reviews 
•    Evaluate compliance with local, state, and federal regulations regarding use of funds and financial transparency.
- Total General Fund budget:  $7,843,940

- Questions/Inquires Deadline: August 22, 2025