The Town seeks a contract with a reliable, experienced, and qualified CPA firm
demonstrating municipal audit experience in the State of Colorado to provide auditing
services in a comprehensive, timely, and efficient manner.
The scope of work for the contractor includes but is not limited to the following:
1. Audit the general-purpose financial statements of the Town in accordance with generally accepted auditing standards and government auditing standards as set forth by the American Institute of Certified Public Accountants, the Standards for financial audits set forth in the U.S. General Accounting Office's Government Auditing Standards and the provisions of U.S. Office of Management and Budget (OMB) Circular A-133, Audits of States, Local Governments, and Non-Profit Organization.
2. Provide an audit opinion with respect to the Town’s financial statements.
3. Evaluate and test the Town’s internal controls and provide recommendations to the Trustees regarding the same.
4. Complete the audit in a timely fashion for the Town to meet state reporting requirements which entails provision of a detailed audit plan to the Town Administrator by the 2nd Friday in February; completion of fieldwork by April 30; and submission of the final report
by not later than May 31 for presentation to the Board of Trustees at a June meeting.
5. Print and provide no less than 10 colored copies of the audited financial statements.
6. Attend meetings of the Board of Trustees as requested to present the audit and financial statements and answer questions of the Board and Staff.
