Questions and Answers – Update April 8, 2019
The following six questions have been submitted and are answered below.
Q1: What is the reason you are considering changing the auditor?
A1: Following an open procurement process for consulting services every 3-5 years is best practice that SSF seeks to follow.
Q2: Have there been any changes in your accounting system, software, staff turnaround, etc. since last year?
Q3: About how much time did the prior year auditors spend onsite to conduct their audit?
A3: Previous auditor’s time onsite may not be relevant to new auditors due to their unfamiliarity with the organization and its finances.
Q4: Are the prior year auditors being invited to bid?
A4: It is an open Request for Proposal without exclusions.
Q5: What are the things you liked and didn’t like about your current auditors?
A5: We’re not able to comment on this, but we have used the same auditor for numerous years.
Q6: What were the prior year fees?
A6: SSF does not disclose financial records beyond those that are publicly available.
RFP for Annual Audit Services Released
March 15, 2019
Sacramento Steps Forward today released a request for proposal (RFP) seeking qualified firms of certified public accountants to to conduct the annual audit of the agency’s financial statements for the fiscal year ending December 2018. The audits are to be performed in accordance with generally accepted auditing standards as set forth by the American Institute of Certified Public Accountants, and the U.S. Office of Management and Budget (OMB). Proposals must be submitted no later than 4:00 pm on April 15, 2019. Read the full RFP by clicking here.