DOCUMENT

RFP - Financial and Compliance Audit Services 2003

  • YEAR CREATED: 2003
  • ENTITY TYPE: County
  • TYPE OF DOCUMENT: RFP - Request for Proposals
The document is a Request for Proposal (RFP) for auditing services for a county's financial operations. The county is seeking an auditor to conduct an annual audit for a period of five years, starting from the fiscal year ending June 30, 2003, to the fiscal year ending June 30, 2007. The auditor must be able to provide audits for the General Government, including Social Services, and the School System. They must also conduct a single audit of all Federal grant programs received by the county. The auditor is responsible for preparing the County's Comprehensive Annual Financial Report (CAFR) and ensuring that it is completed by November 15 each year. They must also provide an opinion on the fair presentation of the financial statements in accordance with generally accepted accounting principles. The auditor is also required to perform tests to ensure the reliability of the accounting records and other source data. Additionally, the auditor must issue a management letter with recommendations for improving internal control systems, operating and management procedures, and effectiveness in achieving program goals. They must also provide advice and assistance to help the county obtain a Certificate of Achievement for Excellence in Financial Reporting from the Government Financial Officers Association (GFOA). The auditor is expected to establish a timeline for the audit engagement, complete a post-audit to ensure proper recording of adjusting entries, and submit required reports and forms to the Auditor of Public Accounts. They must also review and report on the county's financial compliance with environmental regulations and comply with testing and reporting requirements for specific programs and funds. The auditor is required to provide an estimate of the cost for each year's audit, and any additional costs must be approved by the county. They may also be requested to perform additional auditing services as needed, such as reviewing the efficiency and economy of operations and management procedures.
MEMBERS ONLY DOWNLOAD
Advertisement

Similar Documents

Document
RFP -Compensation Study, 2023
Year Created: 2023
Document
ART - GovPro: Adding Value and Driving Performance with Spend Analysis 2010
Year Created: 2010
Document
BID - Flexible Spending Account Administration 2005
Year Created: 2005