WCSD is soliciting formal proposals from qualified firms to provide required external financial audit services to cover fiscal years ending June 30th of 2025, 2026, and 2027 with 1-year (optional) contract renewals that would cover 2028 and 2029. The services shall include the audit of WCSD’s financial statements and WCSD’s OPEB Trust’s financial statements submitted in conformance with GAAP, GASB pronouncements, and NRS 287.017 and 354.624. 43.0 SCOPE OF SERVICES FOR AUDIT OF WCSD’S FINANCIAL STATEMENTS 43.1 The requested services are to include an examination of financial statements and a compliance examination in accordance with the Uniform Guidance provided by the Office of Management and Budget (OMB). 43.1.1 These services should include reporting on Internal Controls and Compliance Over Financial Reporting on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and any other applicable reports deemed necessary by accounting pronouncements. 43.2 The audit is to be performed in accordance with generally accepted auditing standards applicable to financial audits contained in Governmental Auditing Standards, issued by the Comptroller General of the United States. 43.2.1 It is WCSD’s preference that the independent auditor be knowledgeable with those parts of the NRS that affect the operations of WCSD. 43.3 The primary purpose of the examination is to express an opinion on the financial statements and that such an examination is subject to the inherent risk that errors or irregularity may not be detected. If conditions are discovered which lead to the belief that material errors, defalcations or other irregularities may exist, or if any other circumstances are encountered that require extended services, the auditor will promptly advise WCSD’s Board of Trustees. ..
