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Within budget limitations, the Audit Services Division may obtain the
services of certified public accountants, qualified management consultants, or
other professional experts necessary to perform audit services. An audit that is
performed by contract must be conducted by persons who have no financial
interests in the affairs of the governmental unit or its officers. The Auditor’s
Audit Services Division will coordinate and monitor auditing performed by public
accounting or other organizations employed under contract by the City of
Portland to assist with audit related activities. In choosing the outside independent auditors to conduct the City’s annual
financial statement audit, the Auditor will convene a committee of at least
three City bureau managers, including the Auditor or his/her representative to
prepare a request for proposal and to screen applicants. The Auditor’s selection
of a certified public accounting firm for the annual financial audit must be
approved by Council. Normally, this contract will be for a three to five year
period.
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