The 2005 – 2006 engagement for the NYSSCPA PAC includes the audit and tax form preparation for the PAC.

The PAC’s fiscal year ends May 31.

The PAC’s Trustees request a management letter, documenting not only internal control recommendations, but also any additional organizational recommendations identified during the engagement, perhaps based upon the audit firm’s experience with other similar organizations.

The independent auditor should plan on two meetings with the PAC’s Audit Committee each year, consisting of a planning meeting and a final report on the audits. Meetings are conducted in August.

The Trustees will engage a firm for a 3-year term, subject to annual approval. During the term, no representative of the firm may serve on the PAC’s board.

Submit proposals to the attention of Anthony J. Maltese, President, New York State Society CPA PAC, Inc., 3 Park Avenue, 18th floor, New York, NY 10016. Proposals will be received until Wednesday, July 31, 2006 at 4:00 PM, at which time all proposals will be submitted to the Audit Committee for evaluation. Late proposals will not be accepted. The Audit Committee will make its recommendation to the Board of Trustees for Approval in August 2006 meeting.

Proposals should contain the following information:

Fees will not be the only criteria considered in selecting the audit firm.