Texas Agricultural Finance Authority Financial Audit Services

The contract involves conducting a comprehensive financial statement audit for the Texas Agricultural Finance Authority, with the primary goal of verifying whether the Authority’s financial statements are fairly presented in accordance with Generally Accepted Accounting Principles (GAAP). The selected contractor will review and test supporting evidence related to the Authority’s financial data, culminating in the issuance of an independent auditor’s report. This report will include a narrative overview and analysis of the Authority’s financial activities for the fiscal year ending August 31, aligning with the State of Texas fiscal calendar. The audit’s findings will help ensure transparency and accuracy in the Authority’s financial reporting, which comprises management’s discussion and analysis, proprietary fund financial statements, and accompanying notes. The solicitation, issued by the Texas Department of Agriculture, specifies a contract value ranging from $50,000 to $150,000, with a response deadline of June 12, 2024. The engagement is part of the State and Local Government and Education (SLED) sector, and interested firms can contact Alfredo Aguirre via email or phone for further details. The audit aims to provide an independent assessment of the Authority’s financial health and compliance, supporting accountability and informed decision-making within the agency’s financial management practices.