The successful firm or individual will provide the Paulsboro Board of Education with auditing services including, but not necessarily limited to the following: a. Auditor’s expression of an opinion on the District’s annual financial statements, the district’s system of internal controls and compliance with general and specific requirements of Federal and State finance assistance as described in the audit program. b. Making routine investigations, examinations and audit books and financial records and prepare reports thereof; c. Making inspections of various financial transactions and records to insure that concerned regulations and accounting procedures are observed, in accordance with the Newer Jersey State Board of Education requirements, N.J.S.A. 18A:4-14; d. Auditing and recording expense invoices; e. Compiling financial and other statements and reports using basic data; f. Make periodic reviews of financial transactions and supplement by field visits to verify accounting and fiscal practices; g. Prepare detailed reports of audit findings, conclusions and recommendations inclusive of the preparation of the District’s annual financial and compliance audit in accordance with the New Jersey State Board of Education, the United States Office of Management and budget and U.S. Comptroller General, as applicable; h. Maintaining essential auditing records and files; i. Learning to utilize various types of electronic or manual recording and computerized information systems used by Paulsboro Board of Education; j. Prepare the audit reports for the 2024 - 2025 school year; k. Any other thing necessary to properly complete auditor duties; and l. Respond to infrequent requests for information or advice from School Administrators or Board Members. m. Description of any experience of the firm in assisting districts in obtaining the Association of School Business Officials International (ASBO) Certificate of Excellence in Financial Reporting.
