RFP for Auditing Services

expired opportunity(Expired)
From: Pitt(County)

Basic Details

started - 09 Jan, 2023 (14 months ago)

Start Date

09 Jan, 2023 (14 months ago)
due - 06 Feb, 2023 (13 months ago)

Due Date

06 Feb, 2023 (13 months ago)
Bid Notification

Type

Bid Notification

Identifier

N/A
Pitt County

Customer / Agency

Pitt County

Attachments (1)

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Description: Sealed proposals will be received by the Financial Services Department at 1717 W 5 th Street, Greenville, North Carolina 27834, on February 6, 2023 until 3:00 P.M. local time. County of Pitt invites qualified independent auditors having sufficient governmental accounting and auditing experience in performing an audit in accordance with the specifications outlined in our Request for Proposal (RFP) to submit a proposal. Minority and women-owned business enterprises are encouraged to participate in the submission process. For questions or a complete version of the RFP contact Susan Britt at 252-902-3007 or by document.write('susan.britt'+'@'+'pittcountync.gov')susan.britt@pittcountync.gov For security reasons, you must enable JavaScript to view this E-mail address.. You may also download a copy at www.pittcountync.gov/bidsThe
County reserves the right to reject any and all bids and to accept any bid which appears to be in its best interest. Publication Date/Time: 1/9/2023 8:00 AM Closing Date/Time: 2/6/2023 3:00 PM Contact Person: Susan W Britt (252) 902-3007 susan.britt@pittcountync.gov Download Available: www.pittcountync.gov/bids Fax Number: 252-830-6380 Special Requirements: The audit must be conducted in accordance with Generally Accepted Auditing Standards (GAAS); Government Auditing Standards, 2018 revisions, issued by the Comptroller General of the United States; and if applicable, the U. S. Office of Management and Budget’s (OMB) Uniform Guidance and, if applicable, the State Single Audit Implementation Act, and any other applicable procedures for the audit of a local government’s financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP). By accepting this engagement, the Auditor warrants that he has met the requirements for a peer review and continuing education as specified in Government Auditing Standards. The Auditor will prepare the entries to convert from fund to government-wide statements and other year-end adjusting journal entries as needed. The auditor will be ultimately responsible for the preparation, typing, proofing, printing, and copying of the Basic Financial Statement, supplementary information and compliance reports. Deputy County Manager - CFO will be actively involved in the MD&A, and other schedules section preparation. The auditor will submit a draft of the Financial Statement to be reviewed in detail by the Deputy County Manager - CFO. This draft should be submitted to Pitt County in time to allow ample review and corrections. The timing of this should insure final completion of the Financial Statements no later than the annual October 31st deadline. The County prefers interim fieldwork be completed in May or early June. Year-end fieldwork should begin in August and be completed by September 15. An agreed upon post-closing trial balance must exist by September 30th. The Finance Director will expect a listing of requested information needed for the audit at the preplanning conference, periodic conferences during the conduct of the audit, as well as an exit conference prior to the completion of fieldwork.A preliminary draft of the audit and required journal entries must be submitted to the Deputy County Manager - CFO by October 1st for proofing and reconciliation to the unit’s records.The audit must be completed and reports rendered four months following the fiscal year end, by October 31st.The auditors should be available to present the Financial Statements to the Board of Commissioners at a regular meeting following the completion of the audit. The auditors should also be available to meet with County Management, upon request.Twenty (20) bound copies of each audit report, management letter, and other applicable reports as well as two (2) CDs or USBs with all documents in PDF format must be supplied to the Deputy County Manager - CFO within the time frame cited above. In addition, the auditor is responsible for submitting the required two copies to the staff of the Local Government Commission (LGC). Any other copies required will be charged on an as needed basis in addition to the quoted fee.The financial audit opinion will cover the financial statements for the governmental activities, the business-type activities, the financial statements of the aggregate blended and discretely presented component units, each major fund, and the remaining fund information, which collectively constitutes the basic financial statements. The combining and individual financial statements, schedules, and related information are not necessary for fair presentation, but will be presented as additional analytical data. This supplemental information, as required by GASB 34, will be subject to the tests and other auditing procedures applied in the audit of the basic financial statements, and an opinion will be given as to whether the supplemental information is fairly stated in all material respects in relation to the basic financial statements taken as a whole. The auditor shall also express an opinion on the budgetary comparison information for the general fund, the major funds, and any annually budgeted special revenue funds. An opinion will not be given on the Management Discussion and Analysis.The working papers shall be retained and made available upon request for no less than three years from the date of the audit report.In the event that circumstances arise during the audit that require work to be performed in excess of the original estimates, any additional costs will be negotiated prior to commencement of the work. An amended contract will be approved by the governing board and forwarded to the staff of the LGC for approval. Miscellaneous: This audit will encompass a financial and compliance examination of the County’s Annual Comprehensive Financial Report (financial statements) in accordance with the laws and/or regulations of the State of North Carolina, which include requirements for the minimum scope of the audit. The financial and compliance audit will cover federal, state and local funding sources in accordance with auditing standards; Government Auditing Standards, July 2018 revisions the provisions of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), the State Single Audit Implementation Act; and all other applicable laws and regulations. Related Documents: Pitt County Audit Services RFP

3025 Landfill Road, Greenville, North Carolina 27834Location

Address: 3025 Landfill Road, Greenville, North Carolina 27834

Country : United StatesState : North Carolina

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Classification

Financial Services