RRVSD 2022-2025 - Request for Proposal - Auditing Services

The Red River Valley School Division (RRVSD) is inviting proposals for complete and comprehensive audit services for a three-year period beginning with the year ending June 30, 2023 and terminating with the year ending June 30, 2025.
Please consider the following information when preparing your quote:

• 3 year audit award commencing with the audit for the current year;
• 2022-2023 budget of $34,835,440, with salaries & benefits comprising 81%; 
• employs approximately 450 staff;
• Powerschool Atrieve financial system used for reporting (includes payroll)

• To perform the statutory audit function that includes the examination of the financial results for the School Division prepared in accordance with Canadian public sector accounting standards (PSAS) and Financial Reporting and Accounting in Manitoba Education (FRAME)
• To provide the required audit of enrolment in accordance with the provisions of Section 41 (12) of the Public Schools Act as at September 29, 2022, 2023 and 2024 
• To provide the required audit opinion on the compensation disclosure in accordance with The Public Sector Compensation Disclosure Act for the calendar year 2022 to 2024 (to be completed by June 30 annually)
• To prepare a management letter and statement of attest audit findings and recommendations affecting financial statements, internal controls, accounting systems and any other significant matters.
• Attendance at the meeting of the Board of Trustees at the planning stage of the audit to discuss any of the Trustees’ concerns in regards to the audit
• Attendance at the meeting of the Board of Trustees to present the results of the audit and review the draft financial statements