Please provide prior year audit fees.

N/A

How many hours will be required of the Auditor to complete Audit Engagement?

N/A

Who assumes responsibility for the preparation of the Financial Statements?

The final document would be prepared by the Auditing firm.

Is there mandatory rotation, or is the previous Auditor allowed to bid?

The contract is for 5 years.

Are Federal and State Single Audits a requirement for the engagement?

Florida Single audit is required. SEFA is required too.

Can you please provide the prior year audit report and management letter?

Once the final document is ready it will be available in our website.

Could you please send me a copy of the latest audited financial statements and the current fees being paid for the services encompassed in this RFP?

The latest audited financial statements will be available on our website once they are finalized. As of today they are not, but our previous Audits are available on our website: https://sfregionalcouncil.org/portfolio-items/audits/

What is the total Asset?

Available online in Financial Statements

What is the total Revenue?

Available online in Financial Statements

What was the actual amount paid for last year’s audit?

N/A

What is the budgeted amount for this year’s audit?

N/A

Who are your current auditors?

S.D. & Associates

Is there a policy of mandatory rotation?

Yes

Is there a local preference for Auditors?

Yes

How long have you been working with the current Auditors?

5 years

What is the audit time frame?

Audit should be available by the end of March.

What is the selection criterion for submitted responses?

N/A

Who does the audit report go to?

SFRPC Board, Board of County Commissioners, State and Federal Agencies

Who prepares the CAFR?

Auditing firm.

From a financial standpoint, what are your top three (3) priorities?

N/A

What are the qualities in an auditing firm that you deem most important?

N/A

Why are you going out for bids for auditing services?

We are required to undergo an RFP Process every five years. Audit Firms can serve up to 10 consecutive years if approved by the Board.

Has anything significant occurred in the current year, which is different from prior years?

No

What has been exhibited by the current auditors that you value the most?

N/A

Please provide a copy of your most recent financials (balance sheet, income statement, budget vs. actual, any other relevant financial reports typically provided to your manager.

Available online in Financial Statements

Who is on the selection committee?

Selected council members.

Who will rank the firms; staff or the selection committee? Finance/Audit committee

Selection committee.

Please provide us with any questions provided to you from other interested auditing firms, along with your response.

Available online.

Can you please provide the CPA firm and the subcontractors for each audit segment and the last years professional audit fees charges by segment?

Available online.