External Financial Audit

The Buffalo Board of Education is seeking proposals from qualified independent Certified Public Accountants to conduct its annual financial audit for the 2025-2026 school year. The audit must comply with applicable standards, including generally accepted auditing standards in the United States, Government Auditing Standards, and the federal Office of Management and Budget's Uniform Guidance. The scope covers all funds, including Extra-classroom Activity Funds, and requires the auditor to evaluate the Board’s compliance with the Contract for Excellence and related certification requirements under New York State Education Law and regulations. The contract is expected to be awarded by April 4, 2025, with the audit to be completed by June 30, 2026, and the contract value is estimated between $50,000 and $200,000. The procurement process is open to service providers in Erie County, New York, with no set-aside for service-disabled veteran-owned businesses. Interested entities can access the detailed specifications online and must submit their proposals by the specified deadline. The engagement aims to ensure transparency and compliance with state and federal regulations governing public school district finances, with the selected auditor responsible for providing a comprehensive report on the Board’s financial status and regulatory adherence. The contract emphasizes adherence to federal and state auditing standards and the importance of independent verification of financial and compliance data for the district.