Auditing Services

Here is a summary of the RFP document: **Project Overview** Wichita State University College of Applied Sciences and Technology (WSU Tech) is seeking a qualified independent certified public accounting firm to provide auditing services for a period of three consecutive years, with an option for two additional years. The services include preparing audited financial statements, performing a federal single audit, and preparing the annual Form 990 for the WSU Tech Foundation. **Scope of Work** The selected firm will be required to: 1. Perform an independent audit of WSU Tech's financial statements in accordance with generally accepted auditing standards. 2. Express an opinion on the fair presentation of WSU Tech's financial statements. 3. Prepare reports, including audited financial statements, OMB Uniform Guidance audits, and data collection forms. 4. Prepare the WSU Tech Foundation's annual Form 990. 5. Communicate with WSU Tech's governance about any significant deficiencies found during the audit. **Requirements** The selected firm must: 1. Be qualified to perform independent audits in the State of Kansas. 2. Have at least five years of experience in auditing similar-sized governmental organizations with state and federal government funding. 3. Have supervisory members of the audit team who are Certified Public Accountants with at least five years of supervisory experience in auditing governmental educational institutions. **Proposal Guidelines** Proposals must be submitted by March 30, 2026, and must include: 1. A description of the firm's experience and qualifications. 2. A detailed scope of work and timeline. 3. A fee proposal, including all costs associated with the audit. **Evaluation Criteria** Proposals will be evaluated based on: 1. The firm's experience and qualifications. 2. The scope of work and timeline. 3. The fee proposal. 4. The firm's ability to communicate effectively with WSU Tech's governance. **Timeline** The proposal timeline is as follows: * RFP issue date: March 6, 2026 * Questions due: March 23, 2026 * Answers posted: March 25, 2026 * Proposals due: March 30, 2026 * Selection Committee meeting: Week of April 6-10, 2026 * Contract awarded: To be determined The annual audit timeline is as follows: * Student Financial Assistance audit field work: June or July * Audit preliminary field work: July and August * Audit field work: Early August * Exit conference: As soon as feasible * Final audit drafts: September 8 * Final Audit Report: September 15 * Audit drafts presented to Governance: Mid-October * Foundation Form 990 prepared: January