In 2017, the Town of Los Gatos issued a Request for Proposals (RFP) for qualified independent certified public accounting firms to audit its annual financial statement. After a thorough review of the RFP responses, the review committee selected Badawi and Associates, Certified Public Accountants as the firm to provide the Town with auditing and other optional services.
Badawi and Associates have provided the following services for the Town:
The annual audit of the basic financial statements in accordance with Governmental Accounting Standards and preparation of the Town’s Comprehensive Annual Financial Report (CAFR);
A report communicating information related to the audit to the Town Manager and Town Council at the conclusion of the audit;
A management letter containing any comments or recommendations resulting from the review of systems of internal controls in connection with the financial audit;
A Single Audit for grant funding if required under the Title 2 U.S. Code of Federal Regulations; and
Optional services including the preparation of the annual report of financial transactions to the State Controller.