Specifications include, but are not limited to: 1. Reviewing the reliability and integrity of financial and operating information and the means used to identify, measure, and report such information.; 2. Reviewing the internal control systems established to ensure compliance with policies, plans, procedures, laws, and regulations that could have a significant impact on State’s operation and reporting on State’s compliance with them; 3. Reviewing the means of safeguarding assets and, as appropriate, verifying the existence of such assets. Contractor may be solicited to provide Deliverables/Services and staff, and otherwise do all things necessary for or incidental to the performance of work for the areas selected below. Offerors must indicate the services available through their company from the options below. This information is for contract language purposes only and will not be evaluated. Services as required by each Tier Two SOW issued may include, but not be limited to, the following: ☐Provide recommendations for Governmental Accounting Standard Board (GASB) implementations or review existing practices for compliance with GASB standards. Provide financial expertise surrounding industry best practices for tasks such as obtaining GAAP packages for preparation of the Annual Comprehensive Financial Report (ACFR), developing or maintaining internal monitoring programs for internal controls, or standardizing internal control or risk documents across the enterprise. Provide training for industry specific challenges, such as GASB financial reporting, obtaining and reviewing System and Organization Controls (SOC) reports, preparing indirect cost proposals. Financial statement and/or ACFR agreed upon procedures. ACFR or Annual Financial Report (AFR) audits. Audit for Workers Compensation…
