The successful firm shall provide separate annual financial audits to CIS and OPEEP. The fiscal year for both entities ends on June 30. Each audit will include, but not be limited to: 1. Assurance of the following for both organizations: • Financial statements and information are materially correct and presented in appropriate formats. • Systems of internal controls provide reasonable protection against fraud, embezzlement, and material errors within the statements. • CIS and OPEEP are in compliance with laws, standards, requirements, and qualifications required by applicable jurisdictions. 2. Preparation of formatted financial statements and footnotes: • Compile CIS’ financial statements from a working trial balance. • Prepare appropriate note disclosures. • Including client prepared Required Supplementary Information...
