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Meeting Date:
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4/19/2022 - 5:30 PM
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Category:
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Business and Finance
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Type:
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Action
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Subject:
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13.4 Approval of the Contract between Azusa Unified School District (AUSD) and Harshwal & Company LLP for Independent Audit Services
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Strategic Goals:
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3. Fiscal Responsibility We manage our fiscal resources responsibly and align budget decisions with District goals and priorities.
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Enclosure
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File Attachment:
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Rationale:
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District staff reviewed the approved listing of the nine audit firms provided by the Los Angeles County of Education (LACOE). District staff sent all nine firms a proposal request and four of the nine replied. District staff reviewed these proposals based on the following criteria: total cost, prior experience with school district audits, the proximity of the firm’s office to the district, and prior experience with the District.
Services provided will include, in accordance with Education Code Section 41020(f) (2), those related to GASB 34, GASB 87, and major changes to State compliance. Audit services will include all school district funds and will be paid from the General Fund. Separately, auditors will audit the Bond Fund and these fees will be paid from Measure K funds.
The agreement is to audit the current fiscal year ending June 30, 2022, with an option to extend for two (2) additional years, in accordance with general accounting office standards for financial and compliance audits, and shall include, to the extent applicable, the audit procedures recommended by the Department of Finance, State of California, as detailed in the Department’s most recent publication entitled Standards and Procedures for Audits of California Local Educational Agencies.
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Budgetary Impact:
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The total cost of $44,600; $38,100, will be paid from the General Fund, and $6,500, paid from the Bond Fund.
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Recommendation:
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It is recommended the Board of Education approve the contract between AUSD and Harshwal & Company LLP for independent audit services.
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Approvals:
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Recommended By:
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Signed By:
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Melissa Vera - Secretary to Assistant Superintendent, Business Services
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Signed By:
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Latasha Jamal - Assistant Superintendent, Business Services
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Signed By:
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Arturo Ortega - Superintendent
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Vote Results:
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| Original Motion | | Member Yolanda Rodriguez-Peña Moved, Member Gabriela Arellanes seconded to approve the Original motion 'It is recommended the Board of Education approve the contract between AUSD and Harshwal & Company LLP for independent audit services.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Xilonin Cruz-Gonzalez | Yes | | Yolanda Rodriguez-Peña | Yes | | Adrian Greer | Yes | | Gabriela Arellanes | Yes | | Sabrina Bow, Ed.D. | Yes | |
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