Auditing Services - City of Farmers Branch

The City of Farmers Branch is seeking a qualified independent firm of certified public accountants to perform financial audits for the fiscal year ending September 30, 2026, with the option of auditing its financial statements for each of the four subsequent fiscal years. The selected firm will be required to perform an examination of the financial statements of all accounts and funds of the City, including a single audit if necessary, and provide various reports and services as outlined in the Request for Proposal. The firm will also be required to assist management with the implementation of new Governmental Accounting Standards Board (GASB) pronouncements and provide technical guidance and review of accounting treatment. Some key points to consider include: • The City's accounting records are maintained in accordance with accounting principles generally accepted in the United States (GAAP) as promulgated by the GASB. • The City has a full range of municipal services, including police and fire protection, emergency ambulance services, sanitation services, library services, and more. • The City's budget is adopted through an ordinance and represents proposed fund appropriations. • The City participates in the Texas Municipal Retirement System and does not participate in Social Security. • The City has a Certificate of Achievement for Excellence in Financial Reporting awarded by the Government Finance Officers Association of the U.S. and Canada.