REQUEST FOR QUALIFICATIONS: AUDIT SERVICES
The purpose of this RFQ is to obtain the services of a public accounting firm, whose principal officers are independent Certified Public Accountants (CPAs), who are licensed by the Texas State Board of Public Accountancy to perform a financial and compliance audit. The contract issued will be for a three-year contract with options for additional two-year periods.
Financial statement audits determine (1) whether the financial statements of an audited entity present fairly the financial position in accordance with generally accepted accounting principles, and (2) whether the entity has complied with laws and regulations for those transactions and events that may have a material effect on the financial statements. The audit is to be performed in accordance with generally accepted auditing standards and Government Auditing Standards.