RFP 27-02 Forensic Auditing Revised

The Montclair Board of Education is seeking a qualified forensic audit firm to conduct a comprehensive forensic audit of the 2023‑24 school year financials and a separate food‑service audit for the 2024‑25 school year. The engagement requires certified professionals (CFF, CFE, CPA) to perform detailed examinations of ledgers, payroll, contracts, and internal controls, culminating in a draft report by the end of October 2026. The contractor must meet extensive New Jersey compliance requirements, including certifications, insurance, and political‑contribution disclosures. • Perform forensic audit of 2023‑24 financial statements, including budget vs. actual, payroll, investments, and transportation contracts. • Conduct a separate audit of 2024‑25 food‑service operations. • Provide an entrance conference, field work (July‑Sept 2026), draft report (by Oct 31 2026), exit conference, and Board presentation. • Must staff at least three CPAs (≥5 years licensed) and one public‑school accountant, hold CFF and CFE credentials, and maintain a principal office in New Jersey.