Each proposal must address the conduct of an audit and expression of an opinion upon the financial statements of the College for the years ended June 30, 2026, 2027, 2028, 2029, and 2030. The audit must be performed in accordance with auditing standards generally accepted in the United States of America, the provisions of Government Auditing Standards issued by the Comptroller General of the United States; the Single Audit Act Amendments of 1996; and requirements set forth in Subpart F of 2 CFR Part 200, Audit Requirements for Federal Awards. The audit must also include audit procedures to ensure that the College has complied with state laws, rules and regulations that could materially affect the basic financial statements and with federal program compliance requirements as described in the Office of Management and Budget Compliance Supplement located in 2 CFR Part 200 Appendix XI. The audit of the financial statements must also comply with the Office of the Comptroller General’s Policies – Financial Statements Incorporated into the State ACFR.
