Qualifications: Georgia-licensed CPA firm with transit audit and forensic accounting experience.
Period: Fiscal years ending June 30, 2024, 2025, and 2026, plus review of the FY2027 adopted budget and revenue sustainability.
Program review: Reconcile funding, direct and indirect costs, service changes, and cost per passenger trip across fixed-route, paratransit, ferry, municipal contract, and fare-free visitor services.
Financial testing: Review fiscal condition, investments, payroll and benefits, overtime, labor agreements, maintenance, administrative costs, vendor payments, purchasing, bank reconciliations, and transfers.
Forensic review: Test for improper transactions, funding misuse, compliance exceptions, and internal control deficiencies.
Deliverables: Audit work plan, preliminary findings, draft and final reports, supporting schedules and workpapers, corrective recommendations, and a final presentation.
Pricing: Provide an all-inclusive fixed fee covering travel, technology, reporting, and presentations; identify assumptions, exclusions, and optional services separately.
XL Eagle