Conduct audits of the financial statements of HCDA for the fiscal years ending June 30, 2025, 2026, and 2027, in accordance with the U.S. Government Accountability Office’s Government Auditing Standards (Government Auditing Standards), in accordance with generally accepted auditing standards as prescribed by the American Institute of Certified Public Accountants (AICPA), and shall include sufficient testing of the financial data to provide the Contractor with a basis to report on the fairness of the financial statements, on the propriety of the expenditures, and on the accuracy of the accounting of all revenues and other receipts to which HCDA is entitled have been collected and accounted for in accordance with the laws, rules, regulations, policies, and procedures of the State of Hawaii, and if applicable, the federal government. The audits shall include all fund types.
