City of South Bay

The buyer seeks an experienced audit firm to conduct its annual financial audit and single audit for a five-year period. The auditor will examine the buyer's financial statements, issue required reports, and assist with preparing the Annual Comprehensive Financial Report. The buyer requires a firm with significant government auditing experience that can meet strict reporting deadlines and provide additional advisory services.

• 9/27/2024 - Proposal Due Date

• Current, valid license to practice public accounting in Florida
• Partners and managers must have active CPA license in Florida
• 5+ years auditing experience with Palm Beach County municipality
• Completed 3-5 comparable government audits as prime contractor in last 3 years

• Perform annual financial audit in accordance with government auditing standards
• Express opinion on fair presentation of financial statements
• Conduct single audit of federal and state awards
• Issue report on compliance and internal control
• Assist with preparing Annual Comprehensive Financial Report (ACFR)
• Review self-insurance liability reserves
• Provide technical advice for GFOA Certificate of Achievement program
• Attend City Commission meeting to present audit report
• Offer annual government training seminar to City accounting staff
• Maintain working papers and provide access as required
• Complete interim audit work in August/September
• Provide detailed audit plan by September 30
• Complete fieldwork by end of January
• Issue all reports by first week of March