Annual Audit of Pension and Other Post-Employment Benefit Reports

The purpose of this Request for Proposal (RFP) is to solicit proposals from experienced public accounting firms to provide audit services to the California State Controller's Office (SCO), State Accounting and Reporting Division (SARD), for the State's Agent Multiple-Employer Defined Benefit Pension Plans and for the State's Agent Multiple-Employer Defined Benefit Other Postemployment Benefits (OPEB) Plans. The Contractor shall provide audit services of pension disclosures prepared by SCO required by Governmental Accounting Standards Board (GASB) Statement Number 68, Accounting and Reporting for Pension Plans. The Contractor shall also provide audit services of OPEB disclosures prepared by SCO required by GASB Statement Number 75, Accounting and Reporting for Postemployment Benefits Other than Pensions, and of the underlying OPEB plan member census data. To support the State's compliance with GASB Statements Number 68 and 75, the Contractor shall issue two written reports for each fiscal year cycle in accordance with Statements on Auditing Standards (SAS) AU C Section 805, Special Considerations - Audits of Single Financial Statements and Specific Elements, Account, or Items of a Financial Statement, and one written assurance report for each fiscal year cycle in accordance with SAS AT-C Section 205, Assertion-Based Examination Engagements.