MCD-FIN-RFP-FY26-003 - Forensic Audit and Internal Controls Assessment

The City of McDonough is seeking a qualified firm to provide professional forensic audit and internal controls assessment services related to City-issued equipment and asset accountability practices. The selected firm will evaluate the adequacy and effectiveness of existing controls, procedures, and documentation practices, and identify discrepancies, unsupported records, and other irregularities. The firm will also provide recommendations for corrective actions and process improvements. The scope of services includes project initiation, inventory and asset records review, equipment assignment and custody review, equipment return and separation procedures review, internal controls assessment, and reporting. • The firm will review and evaluate relevant records, inventory documentation, assignment records, and other materials relevant to the scope of services. • The firm will conduct interviews, records analysis, and other procedures as necessary to support findings and conclusions. • The firm will provide a detailed work plan and project schedule, and will coordinate with designated City representatives throughout the engagement. • The firm will maintain strict confidentiality regarding all non-public information obtained during the performance of services. • The firm will comply with all applicable federal, state, and local laws and regulations, and will perform all services in accordance with Generally Accepted Government Auditing Standards (GAGAS).