Financial Statement Preparation and Audit Services
Overview
Fit Score
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SUMMARY
KEY REQUIREMENTS
CONTRACT DURATION
TIMELINE
Release of RFP: May 18th, 2026
Written Questions due by: June 1st, 2026
Anticipated Commonwealth Response to Written Questions: June 9th, 2026
Proposals Due by: June 16th, 2026
QUESTION DEADLINE
Issuing Agency
Council On Postsecondary Education
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
A government authority in Frankfort, Kentucky is seeking a vendor to provide comprehensive financial statement preparation and audit services. The selected vendor will be responsible for preparing working trial balances, executing period-end closing entries—including cash to accrual conversions and prior period reversing entries—and developing the annual financial statement in compliance with instructions from the Finance and Administration Cabinet.
Additionally, the vendor must complete the annual closing package for non-major component units. Interested parties are required to submit any questions regarding the solicitation no later than May 27, 2026.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due June 16, 2026. Questions must be submitted by June 1, 2026.
- Who issued this RFP?
- It was issued by Council On Postsecondary Education. The work is located in Frankfort, Kentucky, United States.
- Who is a good fit for this opportunity?
- CPA firm specializing in governmental accounting and audits
- Experience with cash to accrual conversions and annual closing procedures
- Familiarity with Kentucky state government reporting requirements
- Capacity to handle financial reporting for component units
- Proven track record with public sector clients
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