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North Salt Lake hires K & C CPAs for FY2025 audit; engagement partner introduced
Summary
After an RFP process, the council approved K & C CPAs to conduct the city's FY2025 financial statement audit (fees: ~$24,900 without a single audit; $27,500 with). Engagement partner Steve Rowley introduced the firm and offered ongoing audit support.
The council approved an engagement letter with K & C CPAs to provide external auditing services for the city’s FY2025 financial statements.
Heidi (staff) summarized the RFP process and recommended the highest‑ranked proposer. Steve Rowley, the engagement partner, introduced himself and noted his firm’s focus on government entities. The engagement letter describes audit scope, testing for revenue recognition and management override controls, and a possible single-audit addendum if federal awards exceed the single-audit threshold. Council approved the engagement and welcomed the firm’s offer to act as a resource for accounting questions.
