Description
The City of McDonough, Georgia, is soliciting sealed proposals from qualified firms for Independent Financial Audit Services. The selected firm will provide professional financial and compliance audit services for the City's financial statements for designated fiscal years. The audit shall be conducted in accordance with Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS), and Government Auditing Standards. The scope of services includes project initiation and kickoff, general audit requirements, audit procedures, internal control and compliance, federal awards, state-specific and special reporting requirements, reports and deliverables, meetings and communication, staffing and qualifications, and additional services.
• The audit shall be performed for the City's fiscal years ending June 30, 2026, through June 30, 2028.
• The City intends to award a contract to the proposer whose submission is determined to be most advantageous, taking into consideration technical qualifications, experience, and cost.
• The resulting contract is anticipated to be for an initial term of three years, with the option for annual renewals for up to two consecutive fiscal years, subject to satisfactory performance, annual review, and the availability of appropriated funds.