Audit work to be performed for the fiscal year ending June 30, 2025 consists of the following: a) Audit of the basic financial statements of the College for the year ended June 30, 2025, including a review of the related internal control structure as required by generally accepted auditing standards and Government Auditing Standards. This includes the identification of the College’s key information technology systems, and determination of the extent of testing to be performed on those systems, in accordance with auditing standards. b) Audit of the College’s federal grant programs under the federal Single Audit Act for the year ended June 30, 2025, as applicable and as identified by the Office of the State Auditor. For purposes of this RFP, the federal programs that are anticipated for audit in Fiscal Year 2025 are noted in the Deliverables and Timelines section. c) Financial and compliance audit of the College’s Statement of Appropriations, Expenditures, Transfers and Reversions of the College’s State-Funded Student Financial Assistance Programs, including a review of the related internal control structure as required by generally accepted auditing standards and Government Auditing Standards. The audit testing is performed once every two years and only needs to cover the current year being audited and not the year that was skipped. This audit work will not need to be performed for Fiscal Year 2025 but will need to be performed for Fiscal Year 2026...
