Description
The City of Port Arthur is seeking a qualified firm to provide forensic auditing services. The objective of the examination is to evaluate the City's system of controls, ensure reliability of financial reporting, compliance with applicable laws and regulations, adequate safeguards of public resources, and mitigation against the risk of fraud or misconduct. The scope of the forensic audit examination will focus on the City's Finance, Pleasure Island, Public Works, Human Resources, and City Secretary departments. The selected firm will be required to examine the City's administrative and internal controls for the period of October 1, 2020 to September 30, 2025.
Key aspects of the job include:
• Evaluating the City's formal written internal policies and procedures
• Reviewing independent auditors' reports and communications
• Conducting interviews with City employees and observing business operations
• Reviewing the City's documentation and supporting financial records
• Performing tests of transactions to ensure adherence to prescribed policies and procedures
• Preparing recommendations for improvements in any areas warranted