Independent Financial Statement Audit for TSFC

The contract requires the performance of a full-scope annual financial statement audit for the Tobacco Settlement Financing Corporation in strict compliance with Government Auditing Standards, encompassing all phases from initial planning and fieldwork through final reporting and presentation to the TSFC Board. The work must adhere to the highest levels of public sector audit integrity, ensuring accurate, transparent, and reliable financial reporting for this state-affiliated entity. The audit will evaluate the Corporation’s financial position, operations, and compliance with applicable laws and obligations tied to the tobacco settlement funds. This is a subcontract issued under the State of Rhode Island’s procurement authority, with the North American Industry Classification System code 541211 indicating it falls under accounting and auditing services. The solicitation was posted on July 1, 2026, with responses due by July 29, 2026. The place of performance and agency office details are not specified, but the work is tied directly to Rhode Island’s oversight responsibilities. Interested parties must submit proposals through the Rhode Island Department of Public Works vendor bidding portal, and the contracted firm is expected to deliver a comprehensive audit report that supports governmental accountability and public trust.