Specifications include, but are not limited to: 2.1.1. WVDAS is now accepting proposals to perform the annual audit for the fiscal year ending June 30, 2023. These audits are to be performed in accordance with generally accepted government auditing standards. 2.1.2. WVDCR financial statements are also included as part of the State of West Virginia’s Comprehensive Annual Financial Statements. As such, the financial reports required under the terms of this proposal must comply fully with parameters set by the State of West Virginia’s Department of Administration, Financial Accounting and Reporting Sections (FARS). 2.1.3. This will include, by way of example and not exclusively, responding to specific requests for information, preparing closing book forms, and attending conferences, meetings, or seminars held or presented by FARS regarding their requirements for report preparations, presentation, deadlines, etc. 2.1.4. The financial statements of the WVDCR for the fiscal year ended June 30, 2023: WV Division of Corrections & Rehabilitation: Total Assets: $301,174,000, (Audited) Total Liabilities: $ 92,675,000, Net Assets: $208,499,000
