CPA Audit Services

Background

Merrimack County, New Hampshire, is seeking proposals from qualified Certified Public Accounting (CPA) firms to conduct annual financial preparation and auditing services. The County operates under elected officials with an annual budget of approximately $120 million, managing various departments including nursing home services, corrections, and human services. This RFP aims to select a firm for a three-year engagement with options for renewal, ensuring compliance with auditing standards.

Work Details

The selected firm will perform the following services: 1. **Annual Financial Statement Audit**: Conduct an independent audit of the County's financial statements in accordance with GAAS and GAAP as applied to governmental units per GASB standards. The audit will cover: - Government-Wide Financial Statements (Statement of Net Position; Statement of Activities) - Governmental Fund Financial Statements (General Fund, Major Fund(s), Nonmajor Governmental Funds) - Fiduciary Fund Financial Statements (Private Purpose Trust Funds and Custodial Funds)

Notes to the Basic Financial Statements

- Required Supplementary Information including Budgetary Comparison Schedule, OPEB schedules, and Pension schedules per GASB 68 and GASB 75 - Other Supplementary Information (Combining Nonmajor and Fiduciary Fund statements) 2. **Single Audit**: Perform a Single Audit each year when federal expenditures meet or exceed the applicable threshold. 3. **Internal Control and Compliance Reporting**: Report on the County’s internal control over financial reporting and compliance with laws and regulations. 4. **Management Letter**: Provide a management letter detailing observations or recommendations identified during the audit. 5. **Board Communications**: Attend one Board of Commissioners meeting per year to present audit results upon request. 6. **Coordination with County Finance Staff**: Work closely with the County’s Finance Director to establish a fieldwork schedule aligned with reporting needs.

Period of Performance

The initial contract term is three years covering fiscal years ending December 31, 2027, December 31, 2028, and December 31, 2029, with options for two additional one-year renewals.

Place of Performance

The contract will be performed at Merrimack County Finance Department located at 333 Daniel Webster Highway, Boscawen, New Hampshire.

Bidder Requirements

Proposals must include: - A description of the firm including size and organizational structure. - Identification of engagement team members including resumes. - Relevant experience with similar governmental audits. - A minimum of three client references from recent governmental audit engagements. - Confirmation that the firm is authorized to transact business in New Hampshire. - Itemized fixed annual fees for each year of the initial term and optional renewal years.