The Island Park Union Free School District (District) is requesting proposals from qualified individuals or certified public accounting firms (Independent Auditor) with a demonstrated record of work with public school districts or other governmental agencies in New York State to provide external audit functions. The auditor shall perform the legally required financial statements audit in accordance with Government Auditing Standards. The auditor shall render an opinion that the financial statements are fairly presented. The auditor shall determine if the District’s financial statements are accurate and consistent with accounting standards, so that the Board may have confidence in using them to assess the financial condition of the District. The following audit standards are to be followed: • Generally Accepted Auditing Standards • Standards promulgated by the NY State Comptroller • Regulations of the Commissioner of Education • Regulations of the Federal Government regarding Federal Funds • Special audits or management services shall be performed in accordance with specific guidelines from the Board of Education or Superintendent of Schools The following work products are mandatory: • Annual Financial Report, including Management Discussion & Analysis • Audit of extra-classroom activity funds • Single audit report (if required) • Management Letter, including the District’s actions to address items in previous management letter
