This RFP is for completing an audit as required of the Unemployment Insurance Trust fund for fiscal years 2025, 2026, 2027, 2028, and 2029. At the time of this RFP being published, the State anticipates the scope of the audit being just financial for years 2025, 2026, 2028, and 2029. The scope of the audit for 2027 may be both financial and single audit relating to the compliance requirements per the OMB Compliance supplement that are applicable to the benefit payments and unemployment insurance reemployment portion of the UI program (assistance listing number 17.225). The scope of the audit may change based on the previous year’s audit or the Department of Legislative Audit’s risk assessment. The auditor will work in cooperation with the South Dakota Department of Legislative Audit in determining the scope of each year’s engagement. In addition to the auditor report on the financial statements, the Auditor will also issue a Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards, and when applicable; a Report on Compliance for the Unemployment Insurance Program; Report on Internal Control Over Compliance; and Report of the Schedule of Expenditures of Federal Awards of the Unemployment Insurance Fund’s Unemployment Insurance Program.
