are eight accounting personnel staff all have varying degrees and certificates in accounting and finance such as associates, bachelor, masters and CPA license. ABCD has a broad finance committee that oversees the financial operations. Services to Be Performed 1. Audit of ABCD Financial Statements The annual financial statement shall be performed in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in the Government Auditing Standards, issued by the Comptroller General of the United States. 2. Federal Single Audit in accordance with federal Uniform Guidance The audit reports will include an opinion on the Financial Statements, Schedule of Expenditures of Federal Awards, a report on compliance and on internal control over financial reporting based on an audit of financial statements performed in accordance with Government Audit Standards, report on compliance with requirements applicable to each major program, and on internal control over compliance in accordance with federal Uniform Guidance. 3. State Single Audit The audit reports will include an opinion on the Financial Statements, Schedule of Expenditures of State Awards, a report on compliance and on internal control over financial reporting based on an audit of financial statements performed in accordance with Government Audit Standards, report on compliance with requirements applicable to each major program, and on internal control over compliance in accordance with the State Single Audit Act. 4. Form 990 The tax return shall be prepared in accordance with the directions and guidelines applicable for Form 990 and any supplemental forms. Filing of Financial Audit Reports by Auditor A) Filing electronically signed financial audit reports to the Federal Clearing House. B) Filing the financial audit reports to the State of Connecticut Office of Policy and Management. C) Provide 20 copies of financial statement audit reports
are eight accounting personnel staff all have varying degrees and certificates in accounting and finance such as associates, bachelor, masters and CPA license. ABCD has a broad finance committee that oversees the financial operations. Services to Be Performed 1. Audit of ABCD Financial Statements The annual financial statement shall be performed in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in the Government Auditing Standards, issued by the Comptroller General of the United States. 2. Federal Single Audit in accordance with federal Uniform Guidance The audit reports will include an opinion on the Financial Statements, Schedule of Expenditures of Federal Awards, a report on compliance and on internal control over financial reporting based on an audit of financial statements performed in accordance with Government Audit Standards, report on compliance with requirements applicable to each major program, and on internal control over compliance in accordance with federal Uniform Guidance. 3. State Single Audit The audit reports will include an opinion on the Financial Statements, Schedule of Expenditures of State Awards, a report on compliance and on internal control over financial reporting based on an audit of financial statements performed in accordance with Government Audit Standards, report on compliance with requirements applicable to each major program, and on internal control over compliance in accordance with the State Single Audit Act. 4. Form 990 The tax return shall be prepared in accordance with the directions and guidelines applicable for Form 990 and any supplemental forms. Filing of Financial Audit Reports by Auditor A) Filing electronically signed financial audit reports to the Federal Clearing House. B) Filing the financial audit reports to the State of Connecticut Office of Policy and Management. C) Provide 20 copies of financial statement audit reports
Request_for_Proposal_of_Auditors.docx