A. Annual Financial Audit The selected auditor will be responsible for completing an independent financial audit in accordance with: · Generally Accepted Auditing Standards (GAAS) · Government Auditing Standards (GAGAS) · Uniform Guidance (Single Audit) requirements, if applicable · Florida state regulations and grantor-specific requirements B.Audit components include · Examination of financial statements and related disclosures · Review of internal control systems and compliance with grant terms · Assessment of federal and state award expenditures · Preparation of the Single Audit report, including Schedule of Expenditures of Federal Awards (SEFA) · Management letter with recommendations for process improvements · Presentation of audit results to the Board of Directors and the Financial Planning & Accounting Committee C.Tax Preparation & Filing The CPA firm will prepare and file: · IRS Form 990 for SCC · IRS Form 990-N for Care Connections, Inc. (legally active organization but functionally dormant) · Any required Florida state filings · Related schedules and disclosures · Review of governance, public disclosure, and compliance matters related to exempt organizations D. Advisory & Support As needed, the firm may provide: · Guidance on grant compliance, allowable costs, and reporting · Support related to indirect cost rate development or allocation methodologies · Best practice consultation for internal controls and financial processes Information & Access to Be Provided To complete audit and tax services, SCC will provide the selected firm with access to: · Financial statements, general ledger, and chart of accounts · Payroll records and benefits documentation · Grant agreements, budgets, and financial reporting packages · Policies and procedures related to financial management and procurement · Prior-year audit reports, management letters, and tax filings · Board meeting minutes and governance documents · Client service contracts and related documentation · Access to key personnel for interviews and clarifications
