Forensic Audit Services

The vendor is required to provide forensic audit of its financial records for the past five years and current fiscal year.
- This audit aims to ensure transparency, accountability, and accuracy in our financial operations.
- Audit for each of the following areas identified below:
•    General fund
•    Special revenue funds – major and nonmajor funds
•    Proprietary funds - enterprise funds and internal service funds
•    Fiduciary funds – trust and custodial funds
•    County issued credit cards
•    County issued gas cards
- Requirement:
•    The audit shall include a comprehensive review of all types of payments including, but not limited to:
o    Automatic payments [monthly and yearly subscription] 
o    All types of deposits 
o    All types of general ledger procedures 
o    Signature authorizations 
o    Miscellaneous documentation and other pertinent authorizations
•    The audit shall include a thorough review of internal controls including:
o    Cash collection and handling procedures
o    Personal checks (including payroll)
o    Credit cards including county issued purchasing and travel cards
o    Online payments
o    Other payment transactions and internal controls
o    County issued credit cards
•    This audit shall include recommendations on revenue enhancement opportunities.
•    This audit shall review any contracts the county has with firms for the collection of delinquent taxes and third-party collectors and ensure that the county has received appropriate funds in accordance with the agreements(s). 
•    The audit shall review these contracts to ensure they were appropriately procured in accordance with county and state procurement guidelines.
•    The audit shall provide an explanation and detailed documentation for the depletion of the fund balances.
•    Authority trash disposal revenues
o    Identify and examine all related agreements and amendments. 
o    Trace and reconcile all funds, accounts, deposits, debits, transactions, and transfers relating to authority -collected trash revenues. 
o    Determine if such revenues were placed in required reserve accounts and used exclusively for landfill, waste disposal, or other legally permitted purposes pursuant to state code §15.2-2159. 
o    Assess if any revenues were diverted, misapplied, or pledged as collateral for unrelated obligations or projects. 
o    Evaluate the extent to which the authority handling of such revenues complied with its agreements with county and with applicable state law.

- Contract Period/Term: 5 years
- Questions/Inquires Deadline: September 26, 2025