The purpose of this RFP is to obtain the services of a public accounting firm, whose principal officers are independent certified public accountants, certified or licensed by a regulatory authority of the State of Florida, to perform a financial and compliance audit of the Authority. 1. The audit is to be performed in accordance with general auditing standards in addition to the following: a. Section 218.39, Florida Statutes b. State of Florida, Rules of the Auditor General c. Rules of the Florida Department of Financial Services d. AICPA Audit and Accounting Guide – Audits of State and Local Governmental Units e. Federal and Florida Single Audit Acts f. Government Auditing Standards issued by the Comptroller General of the United States g. 2 CFR Part 200, Subpart F, the “Uniform Guidance” h. Any other applicable rules and regulations 2. Following the completion of the audit of the fiscal year's financial statements, the auditor shall issue the following: a. A report on the fair presentation of the financial statements in conformity with generally accepted accounting principles. b. A report on the internal control structure based on the auditors’ understanding of the control structure and assessment of control risk. c. A report on compliance with applicable laws and regulations. d. Reports on compliance with specific requirements applicable to Federal awards and State financial assistance programs, if applicable. e. Other reports, as may be required. f. The auditor shall communicate in a letter to management any reportable conditions found during the audit. 3. The auditor will prepare any required forms to be filed with Federal or State agencies.
