Fiscal Oversight Module 1 - New York State School Boards ...
Fiscal Oversight Module 1 - New York State School Boards ...
Fiscal Oversight Module 1 - New York State School Boards ...
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© 2012 <strong>New</strong> <strong>York</strong> <strong>State</strong> <strong>School</strong> <strong>Boards</strong> Association, Latham NY<br />
Appointing Your External Auditor<br />
• District MUST use an RFP (request for<br />
competitive proposal) when hiring external<br />
auditors<br />
– Lowest responsible bidder<br />
• No engagement can exceed five years<br />
– After five years, new RFP must go out<br />
– Can use same firm if they win bid, but use<br />
different partner within firm<br />
• Existing contracts can continue until<br />
expiration