Commonwealth of Kentucky

The buyer is seeking a qualified certified public accounting firm to provide auditing services for the Kentucky Public Pensions Authority. The services include conducting financial statement audits, performing GASB audits, and providing limited consulting on accounting processes. The contractor will be required to present audit reports to various committees and boards. The buyer aims to ensure compliance with governmental accounting standards and improve internal controls.

• 1/17/2025 - Written Questions Due
• 1/31/2025 - Anticipated Response to Written Questions
• 2/28/2025 - Proposal Due Date

• Maintain required CPA licensure in good standing
• Provide copy of most recent peer review

• Provide auditing services for GASB requirements
• Conduct financial statement audits of retirement systems
• Perform GASB 68 and 75 proportionate share audits
• Present audit reports to KPPA Audit Committee and Boards
• Provide limited consulting on accounting processes and procedures
• Review and suggest improvements for internal controls
• Evaluate contributions, receivables, retiree payroll, and investments
• Ensure GASB compliance and proper financial statement presentation
• Conduct internal control audits as requested
• Submit detailed invoices with staff hours and travel expenses