Description
The Commonwealth of Kentucky is seeking a CPA firm to compile the annual financial statements for the Kentucky Artisan Center. The selected firm will be responsible for compiling the financial statements in accordance with accounting principles generally accepted in the United States of America. The firm will also be required to provide qualified personnel to complete the compilation services. Some of the key responsibilities of the firm include gaining an understanding of the Center's financial activity, creating accounting entries necessary to convert the Center's financial activity from cash basis to accrual basis accounting, and compiling the June 30, 2026, financial statements and accompanying footnotes for the Center.
• The firm must have experience in creating annual unaudited financial statements for similar agencies.
• The firm must provide a sample financial statement and/or a template that may be used or modified to meet the needs of the Ky Artisan Center.
• The firm must explain its approach to completing the required services, including how statements will be compiled and presented, and what will be required from the Ky Artisan Center's staff.
• The firm must provide access to all records, including electronic records, associated with the Center to the Center's staff, the Finance and Administration Cabinet, Office of the Controller, and the Auditor of Public Accounts.
The proposal must be submitted electronically in the eProcurement system, Kentucky Vendor Self Service site, and must include a technical proposal, a cost proposal, and any proprietary information. The technical proposal must be arranged and labeled in the manner set forth in the RFP, and must include a transmittal letter, a signed and completed solicitation form, and a response to the technical portion of the RFP. The cost proposal must be submitted under separate cover from the technical proposal and must be arranged and labeled in the manner specified in the RFP.