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