New Braunfels Independent School District

The buyer seeks a public accounting firm to perform annual financial audits for fiscal years 2024-2025 & 2025-2026, with potential for three additional one-year renewals. The audit will encompass financial statements and schedules, ensuring compliance with government auditing standards and federal regulations. The auditor will evaluate internal controls, review PEIMS data accuracy, and provide timely reports meeting GFOA and ASBO certificate requirements.

• 3/12/2025 - Questions Due Date
• 3/26/2025 - Intent to Bid Due Date
• 3/26/2025 - Proposal Due Date
• 5/12/2025 - Board Meeting for Approval

• Demonstrate capability to perform annual audit in accordance with generally accepted government auditing standards
• Experience with similar entity audits encouraged

• Perform annual financial audit for fiscal years 2024-2025 & 2025-2026
• Audit financial statements in accordance with generally accepted government auditing standards
• Evaluate internal control structure and report any reportable conditions
• Test compliance with federal laws, rules, and regulations for major federal financial assistance programs
• Review accuracy of fiscal information provided through Public Education Information Management System (PEIMS)
• Provide annual audit report within 150 days of fiscal year end
• Meet with Finance and Audit Committee at least annually
• Prepare financial statements compliant with GFOA and ASBO certificate requirements
• Retain working papers and reports for minimum of five years
• Perform procedures for compensatory education funds as required