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RFP No. 07-04-01 Professional Audit Services
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Last modified
1/28/2011 9:43:26 AM
Creation date
1/28/2011 9:30:05 AM
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CityClerk-Bids_RFP_RFQ
Project Name
Professional Audit Svcs.
Bid No. (xx-xx-xx)
07-04-01
Project Type (Bid, RFP, RFQ)
RFP
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<br />Reporting to the City. Auditors shall assure themselves that the City of Sunny Isles <br />Beach is informed of each of the following: <br /> <br />I. The auditor's responsibility under generally accepted auditing standards <br /> <br />2. Significant accounting policies <br /> <br />3. Management judgments and accounting estimates <br /> <br />4. Significant audit adjustments <br /> <br />5. Other information in documents containing audited financial statements <br /> <br />6. Disagreements with management <br /> <br />7. Management consultation with other accountants <br /> <br />8. Major issues discussed with management prior to retention <br /> <br />9. Difficulties encountered in performing the audit <br /> <br />D. Special Considerations <br /> <br />The City of Sunny Isles Beach is interested in obtaining the Certificate of <br />Achievement for Excellence in Financial Reporting. The CAFR for each of the fiscal <br />years covered by this RFP will be submitted to the Government Finance Officers <br />Association of the United States and Canada for consideration for the certificate. It <br />is anticipated that the auditor may be required to provide special assistance to the <br />City of Sunny Isles Beach to meet the requirements of that program. <br /> <br />E. Working Paper Retention and Access to Working Papers <br /> <br />All working papers and reports must be retained, at the auditor's expense, for a <br />minimum of three years, unless the firm is notified in writing by the City of Sunny <br />Isles Beach of the need to extend the retention period. The auditor will be required to <br />make working papers available, upon request, to the following parties or their <br />designees: <br /> <br />City of Sunny Isles Beach <br /> <br />U.S. General Accounting Office (GAO) <br /> <br />4/4/2007 <br /> <br />City of Sunny Isles Beach: Request for Proposal - Audit Services <br /> <br />8 <br />
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