Specifications include, but are not limited to: A.The audit will be of the Sioux Falls School District 49-5 as of and for the years endedJune 30, 2022, 2023, and 2024. The Southeast Technical Institute HousingFoundation is included as a discretely presented component unit and is audited by aseparate CPA firm.B.The audit must be performed in accordance with auditing standards generallyaccepted in the United States of America and “Government Auditing Standards”issued by the Comptroller General of the United States.C.The District is the recipient of numerous Federal awards; therefore, the audit mustalso be performed according to the provisions of the Single Audit Act, OMB CircularA-133 and the OMB’s Compliance Supplement.D.AcopyoftheDistrict’sJune30,2021 audited financial statements is enclosed foryour review and to identify for you the various types and sizes of the District’s fundsand the Federal awards received.E.Preliminary analytical review, inventory observation, and issuance of confirmationswill occur close to year end. The accounting records and schedules will be ready foraudit in early September, 2022. Audit fieldwork must be completed and the finalreport issued on or before March 24, 2023 to facilitate a timely filing of the annualreport and the Federal Data Collection Form.
