Specifications include, but are not limited to: 4.1 Engagement Description and Cycle: a. The proposer shall conduct an annual financial statement audit and any federal audit requirements of the Delaware Health Information Network (DHIN). DHIN has a June 30 year end.; 4.2 Engagement Standards: a. To meet the requirements of this RFP, the engagement must be performed in accordance with the applicable standards established by the American Institute of Certified Public Accountants (AICPA) and Government Auditing Standards, issued by the Comptroller General of the United States.; b. The Selected Firm must immediately notify OAOA regarding any known or potential fraud, waste, or abuse identified during the engagement, regardless of materiality. The course of action and additional procedures, if necessary, will be determined by OAOA. Failure to notify OAOA immediately about any identified known or potential fraud, waste, or abuse is considered contract non-compliance.; 4.3 Other Engagement Information: a. The engagement letter must not have any contract terms or an offer to provide additional services. The engagement letter in no way modifies or adds conditions or terms to the contract and is not considered part of the contract with OAOA.; b. A Statements on Standards for Attestation Engagements (SSAE) 16 report performed on the State’s accounting and payroll systems is available for the Selected Firm to use during the engagement.; c. The Selected Firm agrees it will not prepare the financial statements, note disclosures, or management discussion and analysis (MD&A). The Selected Firm should notify OAOA immediately of any request to perform such services.; d. The Selected Firm agrees it will not provide auditor’s reports (e.g., audit opinions) to the auditee for incorporation into its reporting packages. The Selected Firm must obtain the auditee-prepared report (e.g., financial statements), insert the Selected Firm’s opinion and signature, and provide the complete reporting package1 directly to OAOA.; e. OAOA reserves the right to review the Selected Firm’s engagement difference schedule throughout the engagement and any findings the Selected Firm deems inconsequential to the engagement.
