Town of South Kingstown

Buyer seeks qualified certified public accounting firm to audit its financial statements for the fiscal year ending June 30, 2025, with an option for two subsequent years. The audit must comply with generally accepted auditing standards, Government Auditing Standards, and Single Audit requirements. The engagement includes annual financial statement audit and agreed-upon procedures for School UCOA compliance. The selected firm must issue various reports including opinions on financial statements, internal controls, and federal award compliance.

• 4/25/2025 - Pre-proposal Questions Deadline
• 5/2/2025 - Proposal Due Date
• 5/27/2025 - Notification of Award
• 6/3/2025 - Contract Date
• 6/16/2025 - Detailed Audit Plan Due
• 7/15/2025 - Interim Work Completed
• 10/29/2025 - Fieldwork Completed
• 12/1/2025 - Draft Reports Due
• 12/9/2025 - Final Report Due

• Independent and licensed to practice in Rhode Island
• Staff received adequate continuing professional education
• No conflict of interest with Town work
• Can provide recent external quality control review report
• Capacity to meet required deadlines
• Experience producing ACFRs that received GFOA awards

• Audit financial statements per GAAP and government standards
• Perform Single Audit for federal awards compliance
• Test compliance with Uniform Chart of Accounts (UCOA)
• Issue report on internal controls and compliance matters
• Prepare Annual Comprehensive Financial Report (ACFR)
• Audit major programs per OMB Guidance
• Report on supplementary financial information
• Provide a management letter with recommendations
• Conduct agreed-upon procedures for School UCOA compliance
• Reconcile to Municipal Transparency Portal requirements