The Auditing and Accounting Firm shall perform the duties of Auditor on behalf of the Burlington County Library as required by State law including, but not limited to, the following duties: a. Audit the Library’s financial statements of the various funds in conformance with the Requirements of Audit as promulgated by the Division of Local Government Services, Department of Community Affairs, State of New Jersey for the year then ending, for the purpose of expressing an opinion as to whether the financial statements are fairly presented, in all material respects, in conformity with accounting practices prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey. b. Conduct the audit in accordance with auditing standards generally accepted in the United States of America, Government Auditing Standards, issued by the Comptroller General of the United States and in compliance with audit requirements as prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey. Specifically, Auditors must comply with 2 CFR Part 200, Subpart F and Auditor’s responsibilities (2 CFR section 200.514 through 200.520), namely: the audit must be completed and the data collection form described in 2 CFR Section 200. 512 (b). The Reporting Package as described in 2 CFR Section 200.512(c) must be submitted within the earliest of 30 calendar days after receipt of the Auditor’s report(s), or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day.
