Specifications include, but are not limited to: North Idaho College desires the auditor to express an opinion of its general purpose financial
statements and on the fair presentation of its combining and individual fund and account group
financial statements and schedules in conformity with generally accepted accounting principles.
The auditor shall also be responsible for performing certain limited procedures involving
required supplementary information required by the Governmental Accounting Standards Board
as mandated by generally accepted auditing standards.
Discussions related to any system changes, changes in the way data is recorded, and new
auditor requirements should take place while the auditor is completing the audit for 6/30/20. 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, the standards for financial audits set forth in the U.S. General Accounting
Office’s Governmental Auditing Standards, and the provisions of U.S. Office of Management
and Budget (OMB) Circular A-133, Audits of State and Local Governments, and Non-Profit
Organizations and Applicable Idaho Statutes.