The vendor is required to provide external audit services.
- Annual audits shall include:
1) Examination of all relevant records of the board.
2) Evaluation of internal controls and preparation of the management letter.
3) Audit of board financial statements and all required schedules.
4) Completion of financial statement notes in accordance with state education requirements.
5) Completion of the audit by November 15 in each year.
- Specifically included will be all related audit and certification work required by the education act and various provincial and federal ministries and agencies, including the board’s compliance with local authority’s pension plan requirements.
- The auditor may be requested to provide professional counsel to county public schools for issues related to the above as well as day-to-day operations of the school division.
- Fee structure for audit services including an estimate of the hours expected to perform the annual audit, an estimate of the fees for non-audit specific services and expected out-of-pocket costs
- Profile of the senior staff to be assigned, including the client partner; please indicate in your proposal the anticipated time of the partner’s involvement.