Annual Financial Audit Services

The El Paso Independent School District is seeking a public accounting firm to perform the required annual fiscal year audits. The selected firm will be responsible for preparing financial statements, applying GASB pronouncements, and completing the ACFR. The district requires assistance with these tasks and will provide all necessary information to the auditors. The firm will also be expected to communicate with the district's internal audit department. The scope of work includes reviewing the district's financial statements, performing inventory observations, and providing audit observations. The district has a consolidated Financial Services Department and Budget & External Financial Management Department under the Comptroller’s leadership. • The district has not adopted early implementation of GASB 103 and will implement it according to the required effective date. • The prior auditor spent minimal time onsite, and most work was performed remotely. • The district requires assistance with preparing financial statements and applying GASB pronouncements. • The district has an internal audit department that provides internal audit reports and communicates with external auditors. • There are no expected significant changes in operations, federal or state programs, or staffing.