Professional Auditing Services

Description

The City of Sarasota (City) is requesting proposals from qualified firms of certified public accountants to audit its financial statements for the fiscal year ending September 30, 2027, and the auditing of its financial statements for each of the two subsequent fiscal years. These audits are to be performed in accordance with auditing standards generally accepted in the United States of America, the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and Chapter 10.550, Rules of the Auditor General for the State of Florida.Proposals submitted will be evaluated by an Audit Committee of at least three members, one of which will be a member of the City Commission, who will serve as the chair of the Audit Committee.During the evaluation process, the Audit Committee and the City reserve the right, where it may serve the City's best interest, to request additional information or clarifications from proposers, or to allow corrections of errors or omissions. At the discretion of the City or the Audit Committee, firms submitting proposals may be requested to make oral presentations as part of the evaluation process.The Auditor's Report shall cover all funds of the City in accordance with the auditing standards generally accepted in the United States of America; the standards for financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States; the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance);  and Chapter 10.550, Rules of the Auditor General for the State of Florida.The auditor's opinion shall be unqualified unless the auditor furnishes the City, on a timely basis, the reasons for qualifying the opinio