Agency: Rosamond Community Services District
Contact: Bradford Rockabrand (brockabrand@rosamondcsd.com)
Phone: 661-256-5812
Deadline: 02/13/2015
The Rosamond Community Services District (District) is requesting proposals (RFP) from qualified certified public accounting firms to audit its financial statements for three years beginning with the fiscal year ending June 30, 2015, with the option of extending the contract for two (2) additional one-year periods, at the District’s sole discretion.
These audits are to be performed in accordance with the Minimum Audit Requirements and Reporting Guidelines for California Special Districts as required by the State Controller’s office and with generally accepted auditing standards.
The selected auditor will be required to complete the following tasks:
1. Audit the District’s basic financial statements in accordance with Generally Accepted Auditing Standards (GAAS) in the United States and the standards applicable to financial audits contained in Governmental Auditing Standards, issued by the Comptroller General of the United States and Governmental Accounting Standards Board (GASB).
2. Express an opinion on the financial statements as to whether they present fairly, in all material respects, the financial position of the District and the changes in financial position in conformity with generally accepted accounting principles (GAAP), and issue an independent auditors’ report stating this opinion.
3. Test internal control over financial reporting and compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters, in accordance with Government Auditing Standards, and issue a report on their considerations.
4. Apply limited procedures related to the Required Supplementary Information (RSI), Management’s Discussion and Analysis (MD&A), budgetary comparison information and the Supplementary Information.
5. Perform agreed upon procedures on the appropriation limit under Article XIIIB of the California Constitution, and issue related report.
6. Prepare report to Board of Directors and Management which identifies control deficiencies, significant deficiencies and material weaknesses, if any, and your recommendations for improvements in accounting and administrative controls.
7. Present and discuss annual financial statements and results of operations to the Board of Directors during its December meeting.
8. Communicate immediately and in writing all irregularities and illegal acts, or indications of illegal acts, of which they become aware, to the General Manager and the Accountant.
9. Provide general consultation as required, during the fiscal year, on financial accounting and reporting matters.
10. Retain, at auditor’s expense, audit working papers for three (3) years, unless the firm is notified in writing by the District of the need to expend the retention period. In addition, the firm shall respond to reasonable inquiries of the District and successor auditors and allow the District and successor auditors to review working papers relating to matters of continuing accounting significance.