Provide professional accounting services. Accounting services are to be provided using Fund Accounting principles. Accountant shall provide an ongoing process of setting the accounting parameters within which the District will operate to protect the fiduciary interests of the District by identifying the financial consequences of choices; discuss alternative solutions; educate the Board of Managers and District Administrator about the accounting issues involved; and inform the District Administrator or Board of Managers Treasurer, of laws, regulations and accounting practices that might affect District finances. In this function, accountant will routinely review and assess District accounts as well as bookkeeping practices and procedures to consider, among other things, whether they are 1) consistent with acceptable governmental practice, 2) consistent with federal and state laws and regulations, and 3) likely to protect the financial interests of the District.
