Example: bachelor of science

Request for Proposals - Workforce Connections, Inc.

Request for Proposals For Audit Services Inquiries and Proposals should be directed to: Amy Felber Director of Finance Workforce Connections, Inc. 2615 East Ave. S. #103 La Crosse, WI 54601 (608) 433-2765 I. Purpose/General Information Workforce Connections, Inc (WCI) is requesting Proposals from CPA firms that have extensive experience in providing audit and tax services for nonprofit organizations. The Request for proposal (RFP) is to contract for audit services for fiscal year ending June 30, 2018 with possible extension for future fiscal years.

Request for Proposals For Audit Services Inquiries and proposals should be directed to: Amy Felber Director of Finance Workforce Connections, Inc.

Tags:

  Proposal, Request, Workforce, Request for proposal

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Other abuse

Transcription of Request for Proposals - Workforce Connections, Inc.

1 Request for Proposals For Audit Services Inquiries and Proposals should be directed to: Amy Felber Director of Finance Workforce Connections, Inc. 2615 East Ave. S. #103 La Crosse, WI 54601 (608) 433-2765 I. Purpose/General Information Workforce Connections, Inc (WCI) is requesting Proposals from CPA firms that have extensive experience in providing audit and tax services for nonprofit organizations. The Request for proposal (RFP) is to contract for audit services for fiscal year ending June 30, 2018 with possible extension for future fiscal years.

2 We invite your firm to submit a proposal to us by Wednesday, March 16th, 2018 for consideration. A description of our organization, the services needed, and other pertinent information follows: II. Background of WCI WCI is a Wisconsin charitable, tax-exempt nonprofit organization pursuant to section 501(c)(3) of the Internal Revenue Code. WCI was founded in 1983 with a defined mission to connect people, work and training while advancing self-sufficiency. We have an oversight committee comprising of three board members who will be responsible for the final selection of an audit firm.

3 Our annual operating budget has ranged between $2,500,000 and $3,000,000 the past three years and we employ approximately 25 people through our 8 locations. WCI operates programs in 8 counties throughout Western Wisconsin including Crawford, Jackson, Juneau, La Crosse, Monroe, Buffalo, Trempealeau and Vernon counties. Approximately 24%, 39%, and 21% of WCI s revenue was received from the State of Wisconsin, Department of Children and Families (DCF), Department of Health Services (DHS) and Western Wisconsin Workforce Development Board, Inc. (WWWDB), for the fiscal year ended June 30, 2017.

4 This funding was to operate WCI s major programs including the Wisconsin Works (W-2) Program, FoodShare Employment and Training (FSET) Program, and the Workforce Innovation and Opportunity Act (WIOA) Programs. WCI has a June 30 fiscal year-end, with a requirement to have completed audit report by the December following each year-end. WCI maintains all accounting records in-house and uses Blackbaud Financial Edge Accounting Software. WCI s fiscal department consists of 2 full-time staff, including a Director of Finance and Finance Coordinator. For more information, please visit III.

5 Services to be Performed Your proposal is expected to cover the following services: 1. Annual audit of the financial statements for the year ending June 30th and meetings with the Oversight Committee and/or Board of Directors, as necessary. Services will be based on generally accepted accounting principles and generally accepted auditing standards (GAAP and GAAS) 2. Federal Single Audit in compliance with Single Audit Guidelines (if applicable, WCI has been subject to single audits in prior years) 3. Management letter containing comments and recommendations with respect to accounting and administrative controls and efficiencies.

6 4. Preparation of federal and state information returns for the organization, including the IRS Form 990. 5. Availability throughout the year to provide advice and guidance on financial accounting and reporting issues that may arise. IV. Relationship with prior CPA Firm WCI s audit services have been provided by Wipfli LLP for the past ten plus years. WCI s Board and leadership staff want to certify they are being good stewards of government grant dollars by ensuring the validity of the fiscal audit process. In preparing your proposal , be advised that management will give permission to contact prior auditors.

7 V. Timeframe for Audit work Planning and interim testing - April/May 2018 (if deemed necessary) Meet with Oversight Committee/Full Board of Directors - May 2018 (if deemed necessary) Receive a list of client-provided documents and requests - August 10, 2018 Begin fieldwork - September 17, 2018 Financial statement draft for management review By October 19, 2018 Presentation of draft audit report and comments to Board October 29, 2018 Issue final audit report November 30, 2018 Provide draft information returns for management review February 1, 2019 Provide draft information returns for Board review March 1, 2019 File final information returns by respective due dates VI.

8 proposal Content In order to simplify the evaluation process and obtain maximum comparability, WCI requires that all responses to the RFP be organized in the manner and format described below: A. Executive Summary Describe your understanding of the work to be performed, including audit procedures, estimated hours, your firm s ability to perform the work within the time frame provided, and other pertinent information. Please speak to which offices will be serving WCI and how your firm handles the coordination. B. Service Approach and Timeline Describe how your firm will approach the proposed services, including the use of affiliates or staff from other locations, areas that will receive primary emphasis, and the type of assistance that will be required from WCI s staff.

9 Also discuss the firm s use of technology. Finally, discuss the communication process used by the firm to discuss issues with management and the Board and the expected timeline. C. Professional Experience Describe how and why your firm is different from other firms being considered. This should include an explanation of the firm s philosophy, size, structure, and qualifications with serving nonprofit organizations with a similar size and operations. Describe your firm s resources devoted to nonprofit organizations and provide copies of newsletters or other resource materials addressing issues relevant to nonprofit organizations.

10 Discuss the firm s independence with respect to WCI. Include a list of the relevant nonprofit clients the firm has served within the past three years and furnish the names and telephone numbers of any references whom we may contact. Also, please provide copies of any industry peer reviews, quality control reviews, any private or government performed reviews. D. Team Qualifications Identify the specific partners and managers who will be assigned to this engagement if you are successful in your bid. Provide their bios specifying relevant experience to the type of services requested.


Related search queries