External Financial Audit Services

Audit planning and risk assessment: October–November

Interim audit / preliminary procedures: October–December

Year-end close and financial statement preparation: January–February

Year-end audit fieldwork: March

Draft financial statements / audit findings: March–early April

Final audit report and Council presentation: Late April

The District located in Agassiz, British Columbia, is seeking an independent provider of external financial audit services for the fiscal years ending December 31, 2026, 2027, and 2028. The District may extend the engagement for the fiscal years ending December 31, 2029 and 2030. The contract period is one year.

The selected auditor will plan and perform audits of the District’s annual financial statements and related schedules; develop an understanding of its operations, governance, accounting policies, financial reporting systems, and relevant internal controls; assess audit risks; and conduct substantive and control-based procedures as appropriate. The work will also include reviewing significant estimates, accounting policies, unusual transactions, and other matters requiring professional judgment.

The auditor will meet with the Director of Financial Services and designated staff at the beginning of each audit cycle to confirm the audit plan, schedule, information requirements, and emerging issues. The provider must communicate significant audit findings, control deficiencies, accounting issues, and other matters requiring management attention in a timely manner. A management letter or equivalent written report must be provided where applicable, and any matter that could result in a modified audit opinion or significant qualification must be communicated immediately, along with the reasons and potential corrective actions.