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FBO DAILY ISSUE OF MAY 23, 2008 FBO #2370
SOLICITATION NOTICE

R -- FY09 Annual Financial Audit Statement

Notice Date

5/21/2008
 

Notice Type

Modification/Amendment
 

NAICS

541211 — Offices of Certified Public Accountants
 

Contracting Office

Department of State, Office of Logistics Management, Acquisition Management, P.O. Box 9115 Rosslyn Station, Arlington, VA, 22219, UNITED STATES
 

ZIP Code

22219
 

Solicitation Number

SAQMMA08R0199
 

Response Due

6/2/2008
 

Point of Contact

Frederick J. Washington,, Phone: 703-875-4985
 

E-Mail Address

washingtonfj@state.gov
 

Small Business Set-Aside

Total Small Business
 

Description

Nature and Volume of the Proposed Work To perform the 2009 U.S. Department of State (Department) financial statements audit OIG needs the services of a certified public accounting firm that has professionally qualified personnel with experience in CFO audits and is able to dedicate full time, federally-experienced professional staff members from early July 2009 to early December 2009. The Department?s assets total about $45 Billion and its annual budget exceeds $30 Billion. The contractor shall: ?Determine and report on whether the financial statements and related notes present fairly, in all material respects, the assets, liabilities, and net position; net costs, changes in net position, and budgetary resources, in conformity with the accounting principles generally accepted in the United States of America. ?Perform appropriate procedures consistent with AICPA Auditing Standard AU Section 558, "Required Supplementary Information," on all Required Supplementary Information included in the Department?s FY 2009 consolidated financial statements. ?Determine whether risk-assumed information (including projections of pensions) is presented fairly in all material respects, in accordance with the requirements of the Statement of Federal Financial Accounting Standards (SFFAS) No. 5, and any subsequent revisions. If a specialist is used for this work, the auditor shall comply with guidance in AU Section 336, ?Using the Work of a Specialist.? ?Assess whether the other accompanying information, or its manner of presentation, is materially consistent with the information in the Annual Statements. ?Evaluate and report on internal control and the internal control environment related to the FY 2009 consolidated financial statements for the Department. This should include, but not be limited to, obtaining an understanding of the components of internal control, assessing the level of control risk relevant to the assertions embodied in the classes of transactions, account balances, and disclosures components of the financial statements, and performing tests of the Department?s internal controls. oReview information system general and application controls in the Department?s applications that are significant to the financial statements to the extent necessary to (1) conclude whether general controls are properly designed and operating effectively, (2) consider application controls as part of the internal control assessment in the financial statement audit, and (3) support the Federal Financial Management Improvement Act (FFMIA) assessment. ?Obtain an understanding of the process by which the agency identifies and evaluates weaknesses required to be reported under the Federal Managers? Financial Integrity Act (FMFIA) and related agency implementing procedures. Compare material weaknesses disclosed during the audit with those material weaknesses reported in the agency's FMFIA report that relate to the financial statements. If material weaknesses were disclosed during the audit that were not reported in the Department?s FMFIA report, auditor will determine whether the failure to detect and report material weaknesses constitutes a significant deficiency or material weakness in the entity?s internal control. In order to address this objective, auditor should obtain information on the Department?s efforts to implement OMB Circular A-123, Appendix A. ?Perform tests of compliance with laws and regulations that could have a direct and material effect on the Department?s FY 2009 financial statements, including FFMIA. ?For allocation transfers, coordinate early with ?child? agencies to ensure that adequate audit coverage will be provided. ?Determine whether the special-purpose financial statements and accompanying notes present fairly, in all material respects, the financial position, net costs and changes in net position, in conformity with the accounting principles generally accepted in the United States of America and the presentation requirements set forth in the Treasury Financial Manual (TFM), Chapter 4700. ?Obtain an understanding of internal control over the financial reporting process for the special-purpose financial statements and perform tests of those controls. ?Perform tests of compliance with TFM Chapter 4700. ?Assess the reasonableness of FY 2009 retirement, health, and life insurance withholdings/contributions, and employee headcount information provided to the Office of Personnel Management (OPM), as required by OMB Bulletin 07-04. Comply with any additional guidance issued by either OPM or OMB during FY 2009. The contractor must demonstrate that it has successfully performed agency-wide financial statement audits of large highly complex and decentralized agencies, and issued unqualified auditors? opinions on time and in full compliance with all federal government and professional standards. It must have had these audits assessed by the Government Accountability Office to give assurance that they complied with the GAO/PCIE FAM on these audits. Also, the contractor must demonstrate (1) its qualifications to assess the effectiveness of the Department?s information systems control environment; (2) that its IT specialists have a thorough working knowledge of FISCAM; (3) experience auditing a government agency with multiple financial management systems; (4) past experience in successfully transitioning to be the new auditor of a large complex agency; (5) experience in auditing pension funds and working with actuaries; (6) experience auditing agencies with a significant amount of grant activity; and (7) experience auditing working capital funds. All personnel assigned to the audit must have Secret security clearances. Location of Work Metropolitan Washington, D.C. Area and other domestic and foreign locations including developing states. The Department has embassies, consulates, and other posts in over 260 locations, and processes financial data in Washington, D.C., Charleston, S.C., and Bangkok, Thailand. Auditors will need to perform work at 8 to 10 overseas locations. Responses shall be ten pages or fewer. Delivery of Responses One (1) hard copy and one (1) soft copy of the responses in either PDF or Microsoft Word format, shall be delivered by 2:00 pm, Eastern Standard Time, on May 27, 2008 to: Hand delivered copies to: U.S.Department of State Office of Acquisition A/LM/AQM 1701 N. Fort Myer Drive Attn: Frederick Washington Room 200 Arlington, VA 22209 ADDITIONAL INFORMATION: Paragraph #1 is hereby modified to provide the following additional information. "To perform the 2009 U.S. Department of State (Department) financial statements audit OIG needs the services of a certified public accounting firm that has professionally qualified personnel with experience in CFO audits, that can provide more than 30,000 labor hours for the effort, including the dedication of at least 15 federally-experienced professional staff members from early July to late November. The Department?s assets total about $45 billion and its annual budget exceeds $30 billion." All other information in this notice remains unchanged.
 

Web Link

FedBizOpps Complete View
(https://www.fbo.gov/?s=opportunity&mode=form&id=59f13e7760f2cbb01a488501812b7290&tab=core&_cview=1)
 

Place of Performance

Address: 1700 N. Moore StreetSuite 720

Zip Code: Arlington, VA, 22209
 

Record

SN01578380-W 20080523/080521220751-59f13e7760f2cbb01a488501812b7290 (fbodaily.com)
 

Source

FedBizOpps Link to This Notice
(may not be valid after Archive Date)

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