Description
This Request for Information (RFI) seeks to identify qualified public‑accounting firms that can perform comprehensive financial‑statement audits and required Single Audits for the City of New York covering fiscal years ending June 30, 2028 through June 30, 2032. The City will issue a formal Request for Proposal in fall 2027 and expects a conditional award in spring 2028. Respondents must disclose any independence‑impairing relationships, demonstrate experience with large governmental entities, and provide details on GASB implementation and actuarial support.
• Scope: Five‑year financial‑statement audit plus Single Audits for multiple component units (Education, Water & Sewer, Retirement Systems, etc.).
• Minimum qualifications: ≥10 years audit experience, ≥5 years recent government‑accounting work on entities > $5 B revenue/expenditure, NY‑state business registration, and inclusion on the Comptroller’s pre‑qualified CPA list.
• Required disclosures: detailed independence tables, ownership (APS) disclosures, and a signed independence officer statement.
• Deliverables: audit reports, GASB‑implementation guidance (minimum two recent GASB statements), and actuarial support for retirement systems/school districts.