Description
The City of Port Arthur is seeking a qualified firm of certified public accountants to audit its financial statements 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 audit will be performed in accordance with generally accepted auditing standards, and the auditor will be required to express an opinion on the fair presentation of the City's financial statements. The City has a total payroll of approximately $44 million and 758 employees, and the audit will include the examination of the City's financial statements, internal control structure, and compliance with applicable laws and regulations. The successful proposer will be required to provide a detailed work plan, identify key personnel, and provide information on their experience and qualifications.
• The City is seeking a comprehensive audit of its financial statements, including the examination of the City's internal control structure and compliance with applicable laws and regulations.
• The audit will be performed in accordance with generally accepted auditing standards, and the auditor will be required to express an opinion on the fair presentation of the City's financial statements.
• The City has a total payroll of approximately $44 million and 758 employees, and the audit will include the examination of the City's financial statements, internal control structure, and compliance with applicable laws and regulations.
• The successful proposer will be required to provide a detailed work plan, identify key personnel, and provide information on their experience and qualifications.
• The City may require the auditor's assistance to comply with new reporting requirements as mandated by GASB.
• The City participates in various pension plans, including the Texas Municipal Retirement System and the Port Arthur Firemen's Relief and Retirement Fund.
• The City has a Retiree Health Insurance Program and related OPEB Trust.