Woodlands County - Financial Audit Services

Woodlands County is requesting proposals pursuant to Section 276, 277, 278, 279, 280, 281, and 283 of the Municipal Government Act Revised Statutes of Alberta 2000 Chapter M-26 for performance of the following services: 1) Preparation of the Financial Statements of Woodlands County for the fiscal year ending January 1, 2026, to December 31, 2028. Additionally, it is a preference of the County that an interim audit be conducted prior to December 31st each year. An option to extend the contract up to two additional calendar years up to December 31, 2030, is also available upon mutual agreement of both parties. 2) Included in the audit, and not exclusive, are the following tasks: a. Audit the statements of financial position, operations, change in net financial assets, cash flow and schedules of changes in accumulated surplus, tangible capital assets and segmented disclosure in accordance with Canadian Public Sector Accounting Standards (PSAS); b. Carry out all required duties to ensure that the Municipality meets annual audit and financial requirements under the Municipal Government Act; c. Conduct the audit of Local Authorities Pension Plan 3) Provide communications including: a. Provide the Audit Findings Report, Management Report, and Audited Financial Statements, to management outlining the significant audit, accounting and financial reporting matters dealt with during the audit process including any recommendations regarding opportunities for system, process and internal control improvements based on observations made during the contract period; b. Annual presentation of the Audit Findings Report, Management Report, and Audited Financial Statements, to Woodlands County Finance and Taxation Committee/ Council, as well as providing County Council with comments and recommendations for improvements in Woodlands County internal controls structure and operations. 4) Preparation of the Financial Information Return (FIR) pursuant to Section 277 and Section 278 of the Municipal Government Act Revised Statutes of Alberta 2000 Chapter M-26.