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Auditors to restructure; city to issue RFP for next external auditor with selection committee, cone‑of‑silence rules
Summary
Finance Committee heard that Carr, Riggs & Ingram is restructuring nonattestation services into a separate CRI Advisors LLC and that the city will issue an RFP for external audit services; council members named to the audit selection committee will be under a cone of silence during procurement.
Council auditors briefed the Finance Committee on Jan. 7 about two matters concerning the city’s external auditor.
First, the firm currently engaged for the city audit, Carr, Riggs & Ingram (CR&I), is restructuring and will separate its non‑attestation services into a new entity called CRI Advisors LLC. Under the city’s existing contract terms, any restructuring requires council review and the change will…
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