Annual Financial Audit (RFP)

Annual Financial Audit for the fiscal year ending December 31, 2024. The audit will be for a one-year period. It is the Housing Authority's intent to retain and employ a duly qualified Independent Public Auditor (I.P.A.) in order to audit the books, records and accounts of the Authority. The LHA created a non-profit to act as property/leasing manager which will need to be included as a discretely presented component unit. All services must be in accordance with the existing rules, orders, directives, regulations handbooks and laws as promulgated by the United States department of Housing and Urban Development ("HUD") and the State of New Jersey (the "State") under the Local Authorities Fiscal Control Act and the Fiscal Affairs Law (including N.J.A.C. 5:31-7). The services that are requested will be as follows and will encompass all of the Housing Authority's programs (including, but not limited to, RAD Project Based Vouchers, Section 8 Housing Choice Vouchers, Section 8 Housing Choice Voucher Homeownership Program, Family Self-Sufficiency Program, Capital Fund Program, Project Based Vouchers, etc.): 1) Audit the accounts and records of the Authority for the 12-month period January 1, 2024 to December 31, 2024 in accordance with generally accepted government auditing standards (GAAS), Government Auditing Standards, the auditing and reporting provisions in 2 CFR 200(Super Circular), and those auditing standards having been adopted by the Local Finance Board and the Division of Local Government Services, Department of Community Affairs, and State of New Jersey.