City of Osage Beach

The buyer is seeking proposals from qualified CPA firms to audit its financial statements for the fiscal year ending December 31, 2024, with an option for four subsequent years. The audit must comply with generally accepted auditing standards and government requirements. The selected firm will prepare the ACFR, Single Audit Reports, and Management Letter. The buyer aims to evaluate firms based on experience, qualifications, and proposed approach to select the best fit for their auditing needs.

• 7/10/2024 - RFP Issue Date
• 8/23/2024 - Proposal Due Date
• 3/1/2025 - Audit Commencement
• 6/15/2025 - Audit Completion

• Certified Public Accountant (CPA) with experience in auditing municipalities
• Experience with Single Audit Act of 1984 and related amendments
• Familiarity with GAAP, AICPA, and GASB requirements

• Audit financial statements for fiscal year ending December 31, 2024
• Prepare Comprehensive Annual Financial Report (ACFR)
• Prepare Single Audit Reports
• Prepare Management Letter reviewing internal controls and accounting procedures
• Examine financial records of various activities, departments, and funds
• Test for fraudulent or improper financial activity
• Provide 'in-relation-to' opinion on supporting schedules
• Prepare adjusting entries and final trial balance
• Communicate and interpret changes in governmental reporting
• Respond to inquiries by City staff during contract year