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COLORADO OFFICE OF THE STATE AUDITOR REQUEST FOR PROPOSALFINANCIAL AND COMPLIANCE AUDIT AUR ARIA HIGHER EDUCATION CENTER FISCAL YEAR ENDED JUNE 30, 2019March 8, 20191TABLE OF CONTENTSSECTION I:Administrative
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Start by gathering all the necessary financial documents, such as balance sheets, income statements, cash flow statements, and footnotes.
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Review and organize the financial statements in a logical order.
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Ensure that all financial transactions are properly recorded and classified.
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Perform necessary calculations, such as ratios and percentages, to analyze the financial health of the company.
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Prepare supporting schedules and explanations to provide additional information and clarity.
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Make sure that all information is accurate, consistent, and in accordance with accounting principles and standards.
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Obtain any required audit evidence, such as bank statements, invoices, and contracts.
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Collaborate with an independent auditor to conduct the examination and verification of the financial statements.
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Address any auditor inquiries and provide additional supporting documentation as requested.
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Review and analyze the auditor's findings and recommendations, and make any necessary adjustments to the financial statements.
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Finalize the audited financial statements by signing and dating them, along with any accompanying notes or disclosures.
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Distribute the audited financial statements to stakeholders, such as investors, lenders, and regulatory authorities.
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Retain a copy of the audited financial statements for future reference and compliance purposes.

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Audited financial statements are financial reports that have been reviewed and verified by an independent auditor.
Publicly traded companies and some private companies are required to file audited financial statements.
Audited financial statements are typically filled out by a company's finance department with assistance from external auditors.
The purpose of audited financial statements is to provide stakeholders with assurance that the company's financial information is accurate and reliable.
Audited financial statements typically include a balance sheet, income statement, cash flow statement, and notes to the financial statements.
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