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Finance and Management Services https://www.santa-ana.org/finance Item # 15 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report May 4, 2021 TOPIC: Agreement for Professional Auditing Services AGENDA TITLE: Approve Agreement with CliftonLarsonAllen LLP for Professional Auditing Services in an Aggregate Amount Not to Exceed $759,245, for Up to a Four -Year Term (General and Non -General Fund) RECOMMENDED ACTION Authorize the City Manager to execute an agreement with CliftonLarsonAllen LLP for professional auditing services, for a two-year period beginning with the fiscal year -ending June 30, 2021 and June 30, 2022, with a provision for one two-year renewal for the fiscal year -ending June 30, 2023 and June 30, 2024, for a total aggregate amount not to exceed $759,245, subject to non -substantive changes approved by the City Manager and City Attorney. DISCUSSION The Finance and Management Services Agency (FMSA) is responsible for overseeing the financial statement audits and examinations, along with the preparation of the City's Comprehensive Annual Financial Report. Annually, the City of Santa Ana utilizes the services of an independent Certified Public Accounting firm to conduct the annual audit of the City's financial statements, and state and federal grant audits (Single Audit). The audits are conducted in accordance with the generally accepted auditing standards and the Government Auditing Standards issued by the Comptroller General of the United States. The standard annual audits include the following: evaluation of internal controls, determination of compliance to legal requirements, application of General Accounting Standards Board (GASB) requirements, and validation that the City's financial statements are presented in accordance with Generally Accepted Accounting Principles (GAAP) in the United States of America. A total of seven accounting firms submitted proposals in response to the Request for Proposal (RFP) No. 21-024 (Exhibit 2); Badawi & Associates, CliftonLarsonAllen LLP, Crowe LLP, Davis Farr LLP, Eide Bailey LLP, Macias, Gini & O'Connell LLP, and The Pun Group. The seven proposals were evaluated and ranked by a Review Committee (Committee) composed of the following: Police Administrative Budget Manager, Community Development Agency Principal Management Analyst, Assistant Director of