The audit engagement period shall cover fiscal years ending on June 30, 2026, June 30, 2027 and June 30, 2028. At the conclusion of the audit, a senior representative of the accounting firm shall appear before the Comptroller and the Board of Finance to discuss the findings of the audit and to present any recommendations for improving the City’s systems of internal control. Over the course of the audit engagement period, the accounting firm shall, at no additional cost to the City, make qualified staff members available for general consultation regarding financial accounting and reporting issues. The independent auditor will issue the annual financial statements for the City of Torrington, Connecticut in accordance with generally accepted auditing standards and in conformity with municipal audit requirements of the State of Connecticut Office of Policy and Management. The audit shall comply with the Single Audit Act requirements issued by the State of Connecticut and the Comptroller General of the United States. All duties and responsibilities of the independent auditor shall be conducted in accordance with all pertinent provisions of Connecticut General Statutes and City of Torrington Charter.
