Professional Auditing Services & Agreed-Upon Procedures

City of East Providence

Buyer is requesting proposals from qualified certified public accountants to audit its financial statements for the fiscal year ending October 31, 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 auditor must also perform agreed-upon procedures to test compliance with the School Department's Uniform Chart of Accounts requirements.

• 7/16/2025 - Deadline for questions
• 7/24/2025 - Proposal Due Date
• 9/2/2025 - Selection of firm
• 9/8/2025 - Contract execution
• 3/31/2026 - Draft reports due
• 4/30/2026 - Final report due

• Licensed to practice as CPAs in Rhode Island
• Independent under AICPA and Government Auditing Standards
• Participated in external quality control review program
• Familiar with government accounting and auditing standards
• Professional liability insurance coverage of at least $1 million

• Audit financial statements in accordance with GAAP and government standards
• Perform Single Audit for federal programs per OMB guidance
• Test compliance with Uniform Chart of Accounts (UCOA) requirements
• Express opinion on fair presentation of basic financial statements
• Prepare required supplementary information and schedules
• Report on internal controls over financial reporting
• Issue management letter with recommendations for improvement
• Present audit findings to City Council and School Committee
• Reconcile UCOA database uploads to audited financial statements
• Complete data collection form for Federal Audit Clearinghouse