The audit engagement period shall cover the period beginning with the fiscal year ending June 30, 2024, and conclude with the fiscal year ending June 30, 2028, and will render opinions on the financial statements for the years then ended. The audit will be conducted in accordance with Generally Accepted Auditing Standards, the Single Audit Act of 1984, the Single Audit Act Amendments of 1996 and related OMB Circular A-133. The firm chosen must perform testing of the estimated liabilities recorded by the City, which include an accrual in the long-term debt account group for self-insured police and fire workers’ compensation claims. A Management Letter shall also be prepared with recommendations for improving internal accounting controls. At the conclusion of the audit, a senior representative of the accounting firm shall appear before the City Comptroller, the City Manager and the City Council to discuss the findings of the resulting audit and recommendations for improving the City’s systems of internal control. Over the course of the audit engagement period, the accounting firm shall, at no additional cost to the City, make qualified staff members available to the City for general consultation regarding financial accounting and reporting issues.