Description
The Town of Narragansett is seeking proposals from qualified firms of certified public accountants 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 four subsequent fiscal years. The audits are to be performed in accordance with generally accepted auditing standards established by the American Institute of Certified Public Accountants and the standards for financial audits set forth in the Government Auditing Standards issued by the Comptroller General of the United States. The selected firm will also be required to report on the Town's compliance with the Uniform Chart of Accounts (UCOA) requirements.
Some key aspects of the job include:
* Performing annual audits of the Town's financial statements
* Expressing an opinion on the fair presentation of the financial statements
* Performing certain limited procedures involving required supplementary information
* Reporting on the Town's internal control over financial reporting and compliance with laws and regulations
* Providing a management letter with comments and recommendations
* Preparing the Town's comprehensive annual financial report
The proposal should include the firm's qualifications, experience, and approach to the audit, as well as a fee schedule and any other relevant information.