SPU Annual Financial Audit 2026-2032

The City of Seattle is seeking proposals for the SPU Annual Financial Audit 2026-2032. The selected consultant will be responsible for auditing Seattle Public Utilities' financial statements, including the Water Fund, Solid Waste Fund, and Drainage and Wastewater Fund. The audit will be performed in accordance with Generally Accepted Government Auditing Standards (GAGAS). The consultant will also conduct an IT audit of systems and review agreed-upon procedures for wholesale contracts. The contract is expected to last for seven years, with an estimated budget of $3,500,000. Some key aspects of the job include: • Auditing financial statements for Water, Drainage and Wastewater, and Solid Waste funds • Conducting an IT audit of systems • Reviewing agreed-upon procedures for wholesale contracts • Providing guidance on new GASB pronouncements applicable to enterprise funds • Performing a one-time audit of the Ship Canal Water Quality Project Joint Project Agreement partnership contribution and cost reconciliation