PURPOSE OF REQUEST FOR PROPOSAL (RFP)
The County of Rockland is requesting proposals from Certified Public Accounting Firms with experience in New York State, to select a new audit firm, to audit its financial statements for the fiscal years ending December 31, 2016 through December 31, 2018, with two additional single-year extensions at Rockland County's option. The Auditor will be responsible to compile, prepare, duplicate and distribute the financial statements in the form of the Basic Financial Statements and Management’s Discussion and Analysis and/or a Comprehensive Annual Financial Report. The firm will prepare separate opinion letters, as required, based on the type of report(s) produced. The annual audit will include, at a minimum the following:
- Audit the County’s financial statements as to its funds and account groups, in addition to the respective component units. Preparation of the Rockland County Comprehensive Annual Financial Report (CAFR). Audit and recommend revisions to the County’s annual Single Audit Report (A-133 Report) and Data Collection Form for electronic submission to the Federal Audit Clearinghouse based on the Schedule of Expenditures of Federal Awards (SEFA) provided by the County. In addition, the firm will provide an electronic copy of the A-133 Report for distribution by the County.
- Audit of the Hospital Fund including the Consolidated Fiscal Report for the Department of Mental Health. (Summit Park Hospital and Nursing Home ceased operations as of December 31, 2015; however, the fund remains open and the Department of Mental Health is contained within this fund. Financial activity related to Summit Park should decrease annually).
- Audit and prepare a report on the County’s compliance for New York State DOT Assistance Expended and report on internal controls over compliance in accordance with Draft Part 43 of the NYCRR.
- Audit of the Deferred Compensation Plan for Employees of Rockland County.
- Audit of the Rockland County Soil & Water Conservation District’s financial statements.
- Audit of the Rockland Tobacco Asset Securitization Corporation’s financial statements.
- Audit of the Rockland Second Tobacco Asset Securitization Corporation’s financial statements.
The auditor is expected to address any additional federal or state requirements which may be adopted during the term of the contract and which are, by such rule or statute, made part of the audit process.
The financial audits shall provide reasonable assurance as to whether the County’s financial statements are presented fairly in accordance with Generally Accepted Accounting Principles (GAAP).
Proposals submitted will be evaluated by Rockland County Legislature staff.
