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CITY OF SANTA ANA <br /> <br /> <br /> <br /> <br /> <br /> <br />A. Auditor shall perform the audits in accordance with: <br /> <br />• Auditing standards generally accepted in the United States of America as set forth by the <br />American Institute of Certified Public Accountants; <br /> <br />• Standards set forth for financial audits in the General Accounting Office's (GAO) Government <br />Audit Standards (1994) issued by the Comptroller General of the United States; <br /> <br />• Provisions of the Federal Single Audit Act as amended; <br /> <br />• Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal <br />Awards (2 CFR 200); and <br /> <br />• Other or new pronouncements or regulations in place now or in the future. Auditor shall be <br />responsible for advising and ensuring compliance by the Firm’s employees and representatives <br />assigned to this Contract with all applicable laws and regulations. <br /> <br />B. Auditor shall issue the following reports: <br /> <br />• Annual Comprehensive Financial Report (“ACFR”) – all funds including Fiduciary Funds, <br />Successor Agency and Housing Authority Financial Report <br />• Single Audit of Federal Grants and Other Financial Information <br />• Air Quality Improvement Fund Audit Report <br />• Report on the City’s GANN Limit computation <br />• City’s Investment Policy Compliance Review <br />• Annual on-line attestation of Financial Data Schedule (FDS) for the Santa Ana Housing <br />Authority <br />• Annual State Controller’s Report <br />• Examination of Management’s Assertions about the City’s Compliance with Measure X <br />• Agreed-Upon Procedures Report (up to two annually), to review the City’s internal control <br />processes, if requested by the City. <br /> <br />C. Auditor shall assist the City with the finalization of the ACFR. The audit timeline must take into <br />consideration that the City submits the ACFR to the Government Finance Officers Association <br />(GFOA) for review in their Certificate of Achievement for Excellence in Financial Reporting <br />program. The City also requires a management letter containing comments and <br />recommendations regarding the Auditor’s review and evaluation of the systems of internal control <br />and accounting procedures. <br /> <br /> <br />D. It is expected that the Auditor will be available throughout the year for general consultation <br />regarding matters of accounting. The Auditor may be asked to provide guidance on <br />EXHIBIT I <br /> <br /> SCOPE OF SERVICES <br />City of Santa Ana RFP No. 24-009 Page 21 of 37 <br />  <br />  <br />City Council 21 – 44 5/7/2024