Finacial Auditing Services

The state of Nevada is seeking financial auditing services for a state board, with a comprehensive annual independent financial audit required for the fiscal year ending June 30. The procurement involves a detailed audit engagement that mandates complete financial examination, including planning, internal control evaluation, substantive testing, compliance procedures, and information systems review. Key deliverables include a written audit plan within 15 days of engagement, an interim control-deficiency memo if critical issues are discovered, a draft audit report by September 30, and a final audit report by November 15. The auditor must adhere to U.S. Generally Accepted Auditing Standards (GAAS), Government Auditing Standards (GAGAS), Uniform Guidance, and Nevada Revised Statutes. Primary objectives include determining financial statement accuracy, evaluating internal controls, assessing compliance with various standards, and providing recommendations to strengthen operational efficiency. The contract opportunity is posted on May 9, 2025, with proposals due by May 22, 2025. The audit will require read-only access to QuickBooks Online and Airtable financial platforms, and must include tasks such as confirming bank account balances, testing disbursements, verifying payroll, and potentially reviewing federal grant compliance.

No specific set-aside designations or restrictions on respondent types are explicitly mentioned in the provided documentation. The procurement does not indicate a preference for disadvantaged enterprises or special classifications of vendors. The documentation does not list any incumbent vendors or provide specific details about existing infrastructure integration requirements. While no explicit budget range is specified, the comprehensive nature of the audit suggests a professional services contract typical of financial auditing engagements for state-level organizations. The audit will require expertise in financial examination, government accounting standards, and detailed reporting capabilities. Potential respondents should demonstrate extensive experience in governmental financial auditing, proficiency with online financial platforms, and the ability to meet strict reporting deadlines and compliance standards. The contract appears to be structured as an annual engagement, with the potential for renewal based on performance and the continued needs of the Nevada state board.