Addendum:
Please submit questions to Deyna Sims at dre@ghatx.org no later than April 9th. Responses to questions will be provided no later than April 12th.

All questions and responses will be emailed directly to the person making the inquiry, as well as posted on the GHA website.

RFP Auditor 2024
Questions & Answers


Q: Please provide a copy of the most recent completed GHA Audit.
A: Please see link below this document.

Q: Will separate audit reports be required for the Authority's blended component units, i.e. Galveston Public Facilities Corporation, The Oleanders at Broadway GP, LLC, Cedars at Carver Park, LLC, Villas on the Strand, LLC, and Galveston Housing Authority Revitalization Corporation?
A: No

Q: Are there any new component units for which audit services are required?
A: No

Q: Would you please provide copies of the 2023 reports issued for any/all entities for which the audit services have been requested?
A: 2023 is not finalized. FY22 is linked below this document.

Q: What is the Authority's expectations in regards to interim fieldwork dates, final fieldwork dates, and deadline date to issue the audit reports?
A: Fieldwork dates – September – November Final fieldwork dates - January Deadline Date – March 15th

Q: What is the Authority's expectations in regards to conducting the audit in the field, remotely or hybrid?
A: Field, Remotely or Hybrid

Q: Is the Authority's records in an electronic or paper format?
A: Electronic and Paper

Q: Have you had any disagreements on accounting or reporting matters with the previous auditors? If so, please provide a summary of disagreements.
A: No

Q: What accounting system are you currently using? Please indicate if it is cloud-based.
A: Emphasys Elite. No it is not cloud based

Q: Does management prepare drafts of the financial statements, including MD&A, disclosures, and supplemental schedules, or do the auditor's prepare these?
A: Auditors prepare financial statement, including MD&A, disclosures, and supplemental schedules.

Q: Did the auditor's propose significant audit adjustments in the prior year audits? If so, please provide us a summary for what the adjustments were.
A: No

Q: Did the prior year firm, assist with an adjustments or implementation of standards in the prior year? What is the Authority's expectations in regards to similar assistance for 2024 and future years?
A: No

Q: Have you had any significant changes internally with accounting staff and/or services/activities/funding in 2024 compared to 2023?
A: No

Q: How many staff are in your accounting department?
A: 3

Q: Do you outsource any accounting functions?
A: No

Q: Did you receive any Management Letter findings for your most recent audit?
A: Yes

Q: What were the prior year fees for these services?
A :$54,240

Q: What do you have budgeted for the current year for these services?
A: N/A

Q: Did you have any negative experiences with your prior auditor that would prevent them from continuing on as the auditor?
A: No

Q: Do you foresee your previous auditor bidding on this contract?
A: Yes

Q: Is there anything you would like to see improved from the prior year's audit experience?
A: No


GHA FY22 Audit Final

Further Information may be obtained from:


Deyna Sims, Procurement Manager
Galveston Housing Authority
4700 Broadway
Galveston, TX 77551
409-765-1900