School District U-46

The buyer is seeking financial auditing services for a five-year period. The audit will cover governmental activities, major funds, and aggregate remaining fund balances. The auditor must conduct the audit in accordance with generally accepted auditing standards and prepare various reports. The buyer requires the auditor to serve as a resource throughout the year and present findings to the Board.

• 7/23/2024 - Questions due
• 7/25/2024 - Responses to questions
• 7/29/2024 - Proposal Due Date
• 8/5/2024 - Board Approval

• Licensed Certified Public Accountant with school district auditing experience
• Member of AICPA, AICPA's Governmental Audit Quality Center, and Illinois CPA Society
• Meet continuing professional education requirements of Government Auditing Standards
• Existing engagements with at least three other school districts
• No record of substandard work or enforcement actions in past three years

• Prepare and express opinion on financial statements
• Conduct audit in accordance with auditing standards
• Prepare management letter with recommendations
• Prepare documents for Illinois Board of Education
• Present audit summary to Board Finance Committee and School Board
• Serve as resource for accounting and internal control issues
• Calculate and prepare pension-related adjustments
• Maintain regular contact with district administrators
• Use online repository for collecting and storing electronic files