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Item 15 - Agreement for Professional Auditing Services
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Item 15 - Agreement for Professional Auditing Services
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
15
Date
5/4/2021
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"I) CITY OF SANTA ANA <br />• Drafts of the AQMD Audit Report, GANN Limit Reports and review of the City's <br />Investment Policy are due no later than November 30. <br />• Drafts of the Measure X Compliance Report and other Agreed -Upon Procedures <br />reports are due no later than November 30. <br />• First draft of the Annual State Controller's Report is due end of first week in <br />January. <br />• The City will review and provide comments or responses to the auditors within <br />10 calendar days of receipt of each of the draft reports. <br />B. Sinale Audit and Related Reports <br />Final Fieldwork <br />Final fieldwork would involve completing the examination of the Schedule of Expenditures <br />of Federal Awards, major federal grant programs, preparing opinion letters and other <br />relevant financial reports. The final fieldwork is to begin no earlier than October 1 and <br />shall be completed by January 31. This schedule may be altered only by mutual <br />agreement between the City and the auditor. <br />2. Draft Reports <br />Draft of the Single Audit Report and HUD REAC submission attestation and review of <br />HUD Financial Data Schedule (FDS) for the Housing Authority are due no later than 60 <br />days from the date of the completion of the CAFR. <br />V. ASSISTANCE TO BE PROVIDED TO THE AUDITOR <br />A. Finance Department and Clerical Assistance <br />City staff will be available to assist in the audit. City staff will prepare any necessary <br />schedules, provide documents (invoices, checks, council meeting minutes, etc.) and prepare <br />all confirmations. In addition, we will be available to respond to any questions which may <br />arise during the audit. <br />B. The City will provide the auditors with suitable workspace, telephone, access to FAX machine <br />and photocopier. <br />VI. MINIMUM QUALIFICATIONS <br />Firms submitting bids shall meet the following minimum qualifications: <br />A. Firm shall have successfully completed audits of a minimum often (10) government agencies <br />including cities, in the preceding twelve months. <br />B. Staff assigned to the engagement shall have a minimum of one-year of experience in the <br />audit of municipalities. Managers or supervisors assigned to the engagement shall have a <br />minimum of five years of experience in the audit of municipalities. Partners assigned to the <br />engagement shall have a minimum of five years of experience in the audit of municipalities. <br />C. Firm shall have prepared and issued a minimum of five Single Audit reports in the preceding <br />twelve months. <br />RFP No. 21-024 Professional Auditing Services Page 7 of 34 <br />
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