Description
Post Falls School District No. 273 is soliciting proposals from qualified firms of certified public accountants to audit its financial statements for the fiscal year ending June 30, 2025, with the option of auditing the financial statements for the four subsequent fiscal years. The selected firm will be required to perform the audit in accordance with generally accepted auditing standards, the standards set forth in the U.S. General Accounting Office's Government Auditing Standards, and the provisions of the Single Audit Act. The firm will also be required to express an opinion on the fair presentation of the District's general-purpose financial statements and to provide reports on compliance and internal control over financial reporting.
Some key points to consider are:
* The District is seeking a firm with experience in auditing government entities and a strong understanding of the requirements of the Single Audit Act.
* The selected firm will be required to provide a detailed audit plan and to complete the audit by August 31, 2025.
* The District will provide the selected firm with a reasonable workspace, internet access, and photocopying access.
* The firm will be required to submit a technical proposal, a sealed dollar cost bid, and other required documents.
* The evaluation criteria for the proposal will include the firm's technical qualifications, price, and audit approach.