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Wisconsin Department of Health Services

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Department Audit Requirements

Federal Audit Requirements

Allowable Cost Policy Manual

Financial Management Manual

How to Contract for Audit Services

Efficiently procuring cost-effective audit services is a key board and management responsibility.  To provide assistance in fulfilling the responsibility, the National Intergovernmental Audit Forum (NIAF) developed the following guide, Selecting an External Auditor, Guide for Making a Sound Decision (May 2007).  The information lays out a systematic approach to audit procurement which can help ensure engaging a qualified auditor and receive a quality audit.  The steps include the following:

  1. Planning the Audit and the Procurement
  2. Communicating Audit Requirements and Soliciting Proposals
  3. Selecting a Qualified Auditor
  4. Writing the Agreement: Documenting Expectations
  5. Monitoring the Audit:  Ensuring a Quality Audit

An additional resource on this subject the agency may wish to consider reviewing is:

"What a Difference Preparation Makes: A Guide to the Nonprofit Audit," by the Accountants for the Public Interest.  Call (202) 347-1668 for ordering information.

 

Last Revised: June 10, 2014