Specifications include, but are not limited to: The Capital Region Development Authority (“CRDA”) is requesting proposals from certified public accounting firms to review the financial records of the CRDA for the fiscal years in question. CRDA will provide access to the contractors and their employees for all necessary information. Within the first 80 days of each fiscal year in question, the contractor will be required to deliver the following: Task 1: Undertake an independent financial audit of the authority in accordance with generally accepted auditing standards in accordance with Section 32-605(c) of the Connecticut General Statutes. The contractor will be required to develop an executive summary that generally describes the findings of the audits. The summary should be suitable for distribution to CRDA’s Board of Directors. Task 2: Undertake an independent financial audit of the Convention Center manager’s special purpose statements of assets, liabilities and owner’s equity in accordance with the contract between CRDA and the manager. These financial statements are the responsibility of the manager and subsequently this activity is consolidated into CRDA’s financials.
