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25E - AGMT - PROFESSIONAL AUDITING
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25E - AGMT - PROFESSIONAL AUDITING
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Last modified
5/23/2019 2:19:56 PM
Creation date
4/28/2016 3:10:11 PM
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City Clerk
Doc Type
Agenda Packet
Agency
City Manager's Office
Item #
25E
Date
5/3/2016
Destruction Year
2021
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completed by third week of November. Drafts of the GANN Limit Reports and review of the <br />City's Investment Policy are due no later than November 30. A draft of the management letter <br />is due no later than November 30. The City will review and provide comments or responses to <br />the auditors within 10 calendar days of receipt of each of the draft reports. A draft of Single <br />Audit report is due no later 60 days from the date of the completion of the CAFR. <br />5) ASSISTANCE TO BE PROVIDED TO THE AUDITOR <br />A. Finance Department and Clerical Assistance <br />City staff will be available to assist in the audit. City staff will prepare any necessary <br />schedules, provide documents (invoices, checks, council meeting minutes, etc.) and prepare <br />all confirmations. In addition, we will be available to respond to any questions which may <br />arise during the audit. <br />B. The City will provide the auditors with suitable workspace, telephone, access to FAX machine <br />and photocopier. <br />6) MINIMUM QUALIFICATIONS <br />Firms submitting bids shall meet the following minimum qualifications: <br />A. Firm shall have successfully completed audits of a minimum of ten (10) government agencies <br />including cities, in the preceding twelve months. <br />B. Staff assigned to the engagement shall have a minimum of one-year of experience in the audit <br />of municipalities. Managers or supervisors assigned to the engagement shall have a minimum <br />of five years of experience in the audit of municipalities. Partners assigned to the engagement <br />shall have a minimum of five years of experience in the audit of municipalities. <br />C. Firm shall have prepared and issued a minimum of five Single Audit reports in the preceding twelve <br />months. <br />7) RESPONSE TO RFP <br />A. Submission requirements: <br />Proposals shall contain the following information: <br />1. A general summary of the audit engagement plan including nature of interim and final <br />fieldwork testing procedures and the extent of support which will be required from City staff <br />(I.e. pulling invoices, checks, schedule preparation, etc.) Due to the City's limited staff, the <br />City will not be able to provide copying services. <br />2. A discussion of your firm's qualifications and relevant experience including recent <br />experience in compliance auditing under the Single Audit Act. <br />3. A list of the firm's most significant engagements in the last five (5) years. <br />4. A discussion of educational background and relevant experience of the Partner, <br />Supervisor(s) and Staff which will be assigned to this engagement. <br />25E-21 <br />
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