RFP# 2026-0306 Audit Services

The Town of Holly Springs is seeking a qualified independent auditor to perform an audit of the Town's financial statements in accordance with Generally Accepted Auditing Standards (GAAS) and Government Auditing Standards. The audit will include a financial and compliance examination of the Town's Annual Comprehensive Financial Report (ACFR) and will cover federal, state, and local funding sources. The auditor will be required to communicate with the Town's staff and provide guidance on accounting and reporting standards. The audit firm will be expected to advise the Town on the applicability of accounting and reporting standards as they become effective. • The audit will encompass a financial and compliance examination of the Town's Annual Comprehensive Financial Report (ACFR) • The audit will cover federal, state, and local funding sources • The auditor will be required to communicate with the Town's staff and provide guidance on accounting and reporting standards • The audit firm will be expected to advise the Town on the applicability of accounting and reporting standards as they become effective • The audit will include a management letter to the Town Council after completion of the audit • The auditor will be required to attend the Town Council meeting in November or December for presentation of the financial statements