218623 - Annual Financial Audit Services

The purpose of this request for proposal (RFP) is to select a qualified firm to provide annual audit services for the Village of Canal Flats (Village).

Audits must be planned and executed in accordance with Canadian generally accepted auditing standards and the provisions of the  Local Government Act and  Community  Charter. Audits will result in an opinion to the Village’s Council as to the fairness of the annual consolidated financial statements and related schedules. 

The Auditor should have experience and expertise in performing municipal audits, be free of any obligations or interests that may conflict or affect their ability to perform and act as the auditor of the Village, and have the capacity to provide this service in a timely manner.

The Auditor will in accordance with Canadian generally accepted auditing standards and the provisions of the  Local Government Act and  Community Charter examine the financial systems, controls, records and statements of the Village of Canal Flats. And then will provide audit reports with opinions on the Village’s consolidated financial statements prepared by Village staff.  The Village must submit its annual audited financial statements to the Inspector of BC Municipalities by May 15th, following the Village’s calendar fiscal year-end.