Professional Audit Services

The City of Avalon is seeking a certified public accountant firm to audit its financial statements for the fiscal year ending June 30, 2026, with the option of auditing its financial statements for each of the two subsequent fiscal years. The selected firm will be required to perform various tasks, including an audit of all funds, preparation of the Annual Comprehensive Financial Report, and issuance of reports on internal controls and compliance. The firm will also be required to perform agreed-upon auditing procedures and render a report annually to the City regarding compliance with the GANN Limit. • The audit will be conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards. • The City's Annual Comprehensive Financial Report will be prepared and word-processed by the audit firm. • The audit firm will render their auditors' report on the basic financial statements, which will include both Government-Wide Financial Statements and Fund Financial Statements. • The audit firm will also apply limited audit procedures to Management's Discussion and Analysis and required supplementary information pertaining to the General Fund and each major fund of the City. • The audit firm shall issue a separate report on internal controls over compliance and other matters based on an audit of the financial statements performed in accordance with Government Auditing Standards.