Description
The Commonwealth of Kentucky, Council on Postsecondary Education, is seeking a certified public accounting firm to prepare the annual financial statements and perform a complete financial audit of the Council. The scope of work includes financial statement compilation, audit services, and other related tasks. The selected vendor will be required to provide a draft copy of the year-end financial statements and closing package to the Council by September 1, and a final copy by September 15. The contract is expected to be for one year, with four one-year optional renewals.
Key aspects of the job include:
• Preparing financial statements in accordance with generally accepted accounting principles
• Performing a financial statement audit in accordance with auditing standards generally accepted in the United States of America
• Providing a plan of services, including a detailed project agenda and timelines
• Cooperating with the Auditor of Public Accounts and providing necessary information for the group audit of the Commonwealth's Comprehensive Annual Financial Report
• Maintaining the confidentiality of the Council's financial information and complying with all applicable laws and regulations.