Common use of Scope of Services to be Performed Clause in Contracts

Scope of Services to be Performed. The auditor shall express an opinion on the fair presentation of its Annual Comprehensive Financial Report (ACFR) in conformity with generally accepted accounting principles. Per the requirements of the Governmental Accounting Standards Board (“GASB”) Statement No. 14, the ACFR of Orange County includes the Board of County Commissioners (“Board”), six Constitutional Officers, five blended component units, and six discretely presented component units. The auditor is required to audit the separate financial statements of the Board and each of the Constitutional Officers and express an opinion on the fair presentation of all funds in the financial statements of the Board and each Constitutional Officer. The auditor is required to audit the individual financial statements of Orange County Water Utilities System, Orange County Solid Waste System, the Orange County Convention Center (enterprise funds of the Board), the International Drive Community Redevelopment Agency, The Orange Blossom Trail Community Redevelopment Agency and the Orange County Library District for the purpose of expressing opinions on the fair presentation of those financial statements. Individual reports are required for each. It is anticipated that the Orange County Library District will execute a separate contract with the Auditor utilizing the terms under this RFP. The auditor is also required to review the Annual Financial Report to the State Department of Financial Services. The auditor is not required to audit the introductory, management discussion and analysis section or statistical section of the Annual Comprehensive Financial Report (ACFR). The auditor is not required to audit the Bond Disclosure Supplement to the ACFR. Engagement partners, managers, other supervisory staff and specialists may be changed if those personnel leave the firm, are promoted or are assigned to another office, providing that any replacements have equal or better qualifications than those personnel replaced. These personnel may also be changed for other reasons with the express prior written permission of the County. However, in either case, the County retains the right to approve or reject replacements. The qualifications of any replacements will be furnished to the Comptroller prior to beginning any work on the audit. Consultants and firm specialists mentioned in response to this request for proposals can only be changed with the express prior written permission of the County, which retains the right to approve or reject replacements. Auditor shall provide standard Auditor Engagement Procedures, which shall be included as Exhibit “C” under the Contract.

Scope of Services to be Performed. The auditor shall express an opinion on the fair presentation of its Comprehensive Annual Comprehensive Financial Report (ACFRCAFR) in conformity with generally accepted accounting principles. Per the requirements of the Governmental Accounting Standards Board (“GASB”) Statement No. 14, the ACFR CAFR of Orange County includes the Board of County Commissioners (“Board”), six Constitutional Officers, five blended component units, and six discretely presented component units. The auditor is required to audit the separate financial statements of the Board and each of the Constitutional Officers and express an opinion on the fair presentation of all funds in the financial statements of the Board and each Constitutional Officer. The auditor is required to audit the individual financial statements of Orange County Water Utilities System, Orange County Solid Waste System, the Orange County Convention Center (enterprise funds of the Board), the International Drive Community Redevelopment Agency, The Orange Blossom Trail Community Redevelopment Agency and the Orange County Library District for the purpose of expressing opinions on the fair presentation of those financial statements. Individual reports are required for each. It is anticipated that the Orange County Library District will execute a separate contract with the Auditor utilizing the terms under this RFP. The auditor is also required to review the Annual Financial Report to the State Department of Financial Services. The auditor is not required to audit the introductory, management discussion and analysis section or statistical section of the Comprehensive Annual Comprehensive Financial Report (ACFRCAFR). The auditor is not required to audit the Bond Disclosure Supplement to the ACFRCAFR. Engagement partners, managers, other supervisory staff and specialists may be changed if those personnel leave the firm, are promoted or are assigned to another office, providing that any replacements have equal or better qualifications than those personnel replaced. These personnel may also be changed for other reasons with the express prior written permission of the County. However, in either case, the County retains the right to approve or reject replacements. The qualifications of any replacements will be furnished to the Comptroller prior to beginning any work on the audit. Consultants and firm specialists mentioned in response to this request for proposals can only be changed with the express prior written permission of the County, which retains the right to approve or reject replacements. Auditor shall provide standard Auditor Engagement Procedures, which shall be included as Exhibit “C” under the Contract.