Audit & Agreed-Upon Procedures Services

The Town of South Kingstown is seeking proposals for audit and agreed-upon procedures services. The selected firm will be responsible for auditing the town's financial statements for the fiscal year ending June 30, 2025, with the option to audit the town's financial statements for each of the two subsequent fiscal years. The audit will be performed in accordance with generally accepted auditing standards and Government Auditing Standards. The firm will also be required to perform agreed-upon procedures related to the town's compliance with the Uniform Chart of Accounts (UCOA) requirements. • The scope of work includes expressing an opinion on the fair presentation of the town's basic financial statements and supplementary financial statements. • The firm will be required to perform certain limited procedures, including testing of transactions and review of internal controls. • The firm will be responsible for preparing the town's Annual Comprehensive Financial Report (ACFR) and submitting it to the Government Finance Officers Association for review. • The firm will be required to provide a management letter commenting on the town's internal controls and compliance with laws and regulations. • The firm will be responsible for performing agreed-upon procedures related to the town's compliance with UCOA requirements, including testing of transactions and review of internal controls.