To meet the requirements of this request for proposals, the audit shall be performed in accordance with generally accepted auditing standards as set forth by the American Institute of Certified Public Accountants and the standards for financial audits set forth in the U.S. General Accounting Office Government Auditing Standards (2024 Revision), and the Single Audit Act of 1984, and the Single Audit Act Amendments of 1996 and Uniform Guidance. In general, the auditors will perform a financial and compliance audit and issue a report to the Sonoma County Library that includes: 1. Management letter setting forth their findings and/or recommendations. 2. The fair presentation of the financial statements in conformity with generally accepted accounting principles. 3. The internal control structure based on the auditors' understanding of the control structure and assessment of control risk. 4. Compliance with applicable laws and regulations. 5. Single audit if required.
