Eide Bailly LLP
November 30, 2023
Proposal for Auditing Services
CITY OF LA QUINTA
Submitted By:
Eide Bailly LLP
Kinnaly Soukhaseum, CPA | Partner
909.755.2823 | ksoukhaseum@eidebailly.com
CITY OF LA QUINTA
TABLE OF CONTENTS
1. Cover Letter .................................................................................. 3
Firm Background, Qualifications and Experience ....................... 5
(a) Number of Years in Business ................................................. 5
(b) Taxpayer Identification Number.......................................... 6
(c) Number of Years Performing Auditing Services ................ 6
(d) Resumes of Project Manager and Key Personnel ...........10
(e) Firm Ownership and State of Incorporation .....................16
(f) Parent Company ....................................................................16
2. References of California Government Agencies ..................17
3. Complete Pricing List .................................................................19
4. List of Complementary Services ..............................................20
5. Staffing and Project Organization .........................................21
6. Subcontracting Services ............................................................28
7. Disclosures ...................................................................................28
8. Acknowledgement of Insurance Requirements ......................29
9. Non-Collusion Affidavit .............................................................30
10. Acknowledgement of Addenda ............................................31
The Right Choice for the City of La Quinta ................................32
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1. Cover Letter
WE WANT TO WORK WITH YOU
Thank you for giving Eide Bailly the opportunity to propose on auditing services for the City of La Quinta (City).
We enjoy working with the City and value our relationship. Based on our intimate understanding of your
operations, industry experience and additional resources and services we can offer, we believe we remain the
right firm for the City.
Extensive Government Industry Experience: We understand your needs and have provided similar
services to the government industry for more than 70 years. Business is about more than numbers, and we are
active in the industries we serve. We stay abreast of current issues impacting the government industry and grow
our knowledge by attending workshops and trainings. As you’ve experienced in the past, we’ll work closely with
your management team to identify issues and provide responsive solutions tailored to your organization. As a
valued client, you’ll have continuity with:
• Local Office Presence: While you’ll continue to be served by professionals in our California offices, the
City will also have access to national resources, including more than 3,000 professionals with diverse
skill sets and experiences across the firm.
• Proactive Communication: As in the past, your Eide Bailly service team will keep you informed of
changes affecting your organization.
• Partner Involvement: You’ll keep experiencing partner and senior-staff involvement not only during the
audit engagement, but also throughout the year as issues, questions and opportunities arise.
Timeliness: We’ll meet your deadlines. Our professionals are trained to anticipate, identify and respond
to your needs in a timely manner. We work closely with your management team to cus tomize our services to
your needs. We believe in clear, up-front and open communication with no surprises. We understand and will
comply with the schedules and scope, as outlined in your Request for Proposal (RFP), and will perform all work
within the timeframes outlined.
Unmatched Client Service is Our Passion: Our history of high staff continuity — significantly higher than
most firms — means you’ll work consistently with the same team, all of whom have been chosen because of
their experience serving and advising government entities similar to the City. Working with Eide Bailly means all
your service needs will be addressed within a single, core team, resulting in greater efficiency and scale.
Authorized Official and Main/Local Office: Kinnaly Soukhaseum is authorized to submit this proposal
and bind the firm; she will remain your primary contact for the engagement. The City’s engagement will
continue to be served from our Rancho Cucamonga office, with assistance from other offices as needed.
Eide Bailly LLP
10681 Foothill Blvd., Ste. 300 | Rancho Cucamonga, CA 91730
Kinnaly Soukhaseum, CPA | Partner
909.755.2823 | ksoukhaseum@eidebailly.com
With offices throughout 15 states, Eide Bailly does not have a traditional 'Main Office' or 'Headquarters' and our
leadership is spread throughout the firm. However, we are domiciled in Minnesota as a limited liability
partnership.
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Proposal Validity and Conflict of Interest: We affirm this proposal is valid for 90 days from the date of
submission. All team members assigned to the City are free from any conflicts of interest.
Thought Leadership: We are leaders in the government industry, offering valuable perspectives beyond
our core strength of accounting and tax compliance. We’re business advisors who want to help guide the
strategy and operations of your organization, and we’ll make sure you feel connected and understand the
process. Our professionals work closely together so you receive valuable service from people who understand
your needs and know your business.
We Want to Work with You: We’ve developed the following proposal with the City of La Quinta in mind,
and we’ll provide timely, personalized services for you. We know you and your staff and understand your
specific challenges and opportunities. We deliver honest and insightful advice beyond what is normally
experienced in the public accounting industry. Our tagline, what inspires you, inspires us, is more than words to
add to marketing materials. We gain energy from those we serve, which turns into a passionate interest in our
clients’ success.
The following pages highlight our firm’s strengths and solutions we can provide for the City. We believe this
demonstrates why Eide Bailly merits serious consideration. You’ll remain a highly valued client, and we would be
proud to keep working with the City of La Quinta, expanding upon our trusting relationship with your team.
Please contact me if you would like to discuss any aspect of this proposal.
Best regards,
Kinnaly Soukhaseum, CPA | Partner
909.755.2823 | ksoukhaseum@eidebailly.com
Please note that in order to ensure compliance with applicable professional standards, our legal team will review
the provided sample agreement. The firm will also require the City to sign an annual engagement letter on
commercially reasonable terms to be negotiated in addition to any requested exceptions to the contract. We
would be happy to discuss in more detail upon request.
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Firm Background, Qualifications and Experience
WHAT INSPIRES YOU, INSPIRES US
(A) NUMBER OF YEARS IN BUSINESS
Your experience will be different than working with other CPA firms because
we offer knowledge and skills backed by more than 100 years of service. Our
professionals deliver industry and subject matter expertise resourcefully,
ensuring we’re providing guidance that directly reflects your needs. Our clients
benefit from local, personal service and, at the same time, enjoy access to more
than 3,000 professionals with diverse skill sets and experiences.
Navigating a Path to Success Together
By embracing change and focusing on innovative ideas, we’ve grown along with
our clients to become one of the top 25 accounting firms in the nation.
Accounting is about numbers, but our business is about relationships.
We’ll be there for you every step of the way. Talented, down-to-earth people
work at our firm, and we're inspired to deliver outstanding expertise and care.
We’re driven to help you take on the now and the next with inspired ideas,
solutions and results.
Our work with clients is more than an engagement. It’s a relationship, built on
values and trust ― and results. When working with Eide Bailly, you’ll:
• Work with professionals who truly care about your business and will
take the time to get to know you and your organization.
• Gain insight from our industry and service specialists to accomplish
your objectives, address challenges and leverage new opportunities.
• Make better business decisions knowing you’re guided by advisors who
care about your success.
• Appreciate our hands-on service style; we’re always looking for new
ways to solve your problems or help you embrace opportunities.
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(B) TAXPAYER IDENTIFICATION NUMBER
Eide Bailly LLP: 45 0250958
(C) NUMBER OF YEARS PERFORMING AUDITING SERVICES
For more than 100 years, we’ve provided audit services to clients across all industries. These services account for
approximately 33 percent of our work, and include audits, compilations, reviews and financial statement
forecasts and projections, as well as assistance in understanding financial statements, conducting internal audits
and the evaluation, and testing of internal controls.
Our clients experience regular contact with senior-level staff, as well as work with a consistent team from year
to year, with appropriate rotation.
Usually, an audit is required for industry compliance, or at the request from a lender, inactive or absent owner,
vendor or other party in need of verifying your financial statements. At Eide Bailly, however, we view an audit as
a valuable management tool — the opportunity to help you improve profitability and strengthen your business
and administrative practices. Our clients appreciate this viewpoint and the opportunity to work with auditors
who share their vast knowledge throughout the process, as well as throughout the year.
We focus on providing value beyond traditional assurance services. Clients tell us they appreciate our timeliness,
attention to detail, industry expertise and peer-to-peer approach.
We’re accessible and maintain client contact with frequent phone calls, emails and meetings to discuss what is
going on in your organization.
National Assurance Office
Eide Bailly’s National Assurance Office (NAO) oversees the quality and compliance of the audit practice. This
group of assurance partners and senior managers performs a variety of quality control functions, such as:
• Consults with engagement teams, financial statement reviews and engagement quality control reviews.
• Monitors new accounting and auditing standards and assists in the development of related internal
communications and training materials.
• Develops and delivers internal continuing professional education (CPE).
• Assists with the performance of the firm's internal inspection processes and formal root cause and
action plan development for both internal inspection and peer review findings.
Your audit team has access to this group on an as-needed basis to help research and consult on any unique
auditing or compliance issues that may arise. The NAO is a firm resource; therefore, we do not charge our clients
for time spent by this group supporting the audit team.
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WE UNDERSTAND GOVERNMENTS
Our firm’s Government Industry Group has 275+ full-time professionals
who share information, learn from others and stay up to date on industry
developments. To gain the greatest benefit, the knowledge is shared with
professionals across the firm.
The government industry represents one of Eide Bailly’s largest niche areas
— with more than 1,300 government clients firmwide. We provide audit
services for a variety of cities, counties, colleges and universities, fire relief
agencies, housing authorities, school districts, state agencies and tribal
entities. Through serving these clients, our professionals have gained
focused expertise in the government industry and will provide you with
insightful advice.
These services include, but are not limited to, evaluating internal control
structure, assessing control risk and performing tests of controls, as well as
testing compliance with applicable laws and regulations in accordance with
Government Auditing Standards.
Government Industry Involvement
Eide Bailly prioritizes staying current with changes to the government
industry. We help clients adapt to changes within the existing standards
and implement any new standards. Our team members are engaged in the
government industry and are well positioned in organizations associated
with government entities. We are leaders in the Governmental Accounting
Standards Advisory Council (GASAC), the American Institute of Certified
Public Accountants’ (AICPA) Governmental Audit Quality Center (GAQC),
AICPA State and Local Government Expert Panel, Private Companies
Practice Section (PCPS) Technical Committee, local and national boards of
the Association of Government Accountants (AGA), including the Financial
Management Standards Board, and the review committee for the Government Finance Officers Association’s
(GFOA) Certificate of Achievement for Excellence in Financial Reporting. Due to our leadership positions, you will
have access to information not available from other accounting firms.
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We regularly attend Governmental Accounting
Standards Board (GASB) meetings throughout the
year and communicate the results of those
meetings to our clients through newsletters, e-
blasts and webinars. We are also involved with
GASB’s financial reporting reexamination task force
shaping the future of state and local government
accounting and reporting and participate in the
reexamination of the revenue and expense model
and note disclosure projects with GASB.
Thought Leadership
A number of Eide Bailly partners are nationally
recognized state and local government thought
leaders who present at dozens of national venues
throughout the year. These venues include: GFOA;
National Association of State Auditors,
Comptrollers and Treasurers; California Society of
CPAs; California Society of Municipal Finance
Officers; Oregon GFOA; California State Association
of County Retirement Systems; California
Association of Public Retirement Systems; AGA
National Professional Development Conference;
National Association of Housing and
Redevelopment Officials (NAHRO); Iowa Society of
CPAs; Idaho Society of CPAs; Utah Society of CPAs;
and Colorado GFOA.
We also provide training for state and local
agencies, including the Controllers’ offices of the
State of Tennessee, Texas State Auditor, State of
Montana, Commonwealth of Massachusetts and
the State of Nevada.
Furthermore, Eric Berman, an Eide Bailly Partner, is the author for the entire Governmental Library for
Commerce Clearinghouse Wolters Kluwer (CCH). This library serves as the interpretative reference on
government Generally Accepted Accounting Principles (GAAP), government best practices and government
audits for governments, auditors and educators nationwide. Eric will be an additional resource and is available
to assist or consult as needed.
Implementation of New Standards
In an industry where standards continually evolve and change, Eide Bailly makes it a priority to stay current and
assist our clients with necessary changes. In addition to helping clients implement new standards, w e also help
them adapt to changes within the existing standards.
Certificate of Achievement for
Excellence in Financial Reporting G
F
O
A
We recognize the importance of achieving the
GFOA Certificate of Achievement for Excellence
in Financial Reporting and work with our clients
to achieve this certification. Below is a partial
listing of our government audit clients that have
been awarded and maintain this certification.
City of Alameda
City of Boise City
City of Buckeye
City of Brea
City of Camarillo
City of Campbell
City of Chico
City of Corinth
City of Concord
City of Dana Point
City of Davis
City of Durango
City of Fairfield
City of Fargo
City of Glendale
City of Indian Wells
City of La Palma
City of Laguna Beach
City of Laguna Niguel
City of Lake Tahoe
City of Maple Grove
City of Minot
City of Louisville
City of Palmdale
City of Pleasanton
City of Paramount
City of Rancho Cordova
City of Rancho Mirage
City of Rancho Palos Verdes
City of Redlands
City of Roseville
City of Sacramento
City of Salt Lake City
City of San Leandro
City of San Ramon
City of Santa Cruz
City of Sioux Falls
City of Snyder
City of South Lake Tahoe
City of Suisun City
City of Temecula
City of Temple City
City of Walnut
City of Walnut Creek
City of White Bear Lake
City of Whittier
City of Wichita
Town of Flower Mound
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Several of our professionals serve on committees that have direct input into writing new standards. This enables
our involvement from the beginning and ability to influence the final outcom e. Our clients benefit from our
strong understanding of the standards and how they may affect their organization. We will continue to work
with the City to create a plan to address new standards prior to implementation.
Single Audit Experience
Eide Bailly has experience providing single audits related to federal expenditures which ensure our clients
remain compliant. Our single audits include an audit of both the financial statements and the federal awards.
We also assist in the preparation of the Data Collection Form and prepare the reporting package for submission
to the Federal Audit Clearinghouse.
Eide Bailly has a three-year average of auditing more than $28.8 billion in federal expenditures, which provides
us with extensive experience in single audits. Not only are we on the forefront of new regulations, but because
of our vast experience with government entities, we are also familiar with a wide variety of federal programs. As
the City looks to expand its current federal programs, we can pull from our expansive database of federal
programs that we have audited and provide consultation on what has worked effectively for other entities. This
will help the City establish strong controls and processes over new federal programs rather than trying to rework
controls and processes after the programs are established.
Our single audit experience includes the Department of Education, Department of Housing and Urban
Development, Department of Agriculture, Department of Commerce, Department of Interior, Department of
Transportation, Department of Justice, Department of Labor, Department of the Treasury, Department of Health
and Human Services, Homeland Security, National Foundation on the Arts and the Humanities, Environmental
Protection Agency, Department of Energy, Office of the National Drug Control Policy, Department of Defense
and the Bureau of Land Management.
Paired with our many years of experience, we are qualified to effectively work with your organization to ensure
federal requirements are met.
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(D) RESUMES OF PROJECT MANAGER AND KEY PERSONNEL
AN EXPERIENCED SERVICE TEAM
We’re passionate about our work — and your success. We’ve selected professionals for your service team who
are the right fit for your engagement, based on their knowledge and experience in the government industry, as
well as previous experience with the City.
Kinnaly Soukhaseum will serve as the Engagement Partner and Jessica Andersen will serve as Consulting Partner.
Lauryn Stapleton will serve as the Audit Senior Manager and Michaelyn Roelle will serve as the Audit Senior
Associate. These professionals are licensed to practice public accounting and bring strong credentials and a desire
to work with the City. If awarded this engagement, these individuals will serve as your primary contacts. Additional
resources will support the project team as necessary.
Additional Staff
Once we determine the timing that works best for you, we’ll assign additional staff to your engagement. Many
of our associates have significant experience in public accounting, with several who specialize in the government
industry. All members of our staff are required to comply with necessary continuing professional education
(CPE) requirements, and most members of our staff significantly exceed their required amount.
Staff Continuity
One of the attributes most valued
by our clients is our commitment to
provide continuity on their
engagements. Since we generally
staff our engagements with a higher
percentage of manager and partner
time than is typical for the industry
(especially when compared to
larger firm leverage models), you’ll
be working with individuals who on
average are more likely to be
dedicated to working in the
government industry and committed to a career at Eide Bailly. FY23 Attrition Comparison Eide Bailly Top 30
Accounting Firms
Overall Client Serving Population 15% 21%
Audit Associates 18% 29%
Audit Senior Associates 20% 27%
Audit Managers 8% 23%
Audit Senior Managers 6% 15%
Tax Associates 14% 30%
Tax Senior Associates 14% 25%
Tax Managers 10% 17%
Tax Senior Managers 7% 15%
Top 30 Accounting Firms information according to Mercer annual survey.
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We continually review our partner involvement, rotation options and staffing to ensure high quality audits that
provide value and fresh perspective to you throughout our relationship. Eide Bailly has a quality recruitment and
onboarding process that gives new team members a thorough understanding and grasp of their job duties and
responsibilities.
Continuing Education
Because we’re committed to the industries we serve, we provide our professionals with specific, ongoing
training. This investment ensures our people stay current on the unique challenges and opportunities within
their industries so that they are in the best position to help clients address these issues.
Firmwide, our CPE program requires all professional staff obtain education that exceeds the requirements of the
AICPA and where applicable, Government Auditing Standards. The firm places a strong emphasis on lifelong
learning and recognizes the importance of developing our professionals to best serve our clients. We continually
provide yearly CPE credits for our staff at a rate higher than the industry average. In addition, we regularly share
information among the audit teams in different offices to ensure we are providing clients with the latest thinking
and best possible solutions.
By expanding our knowledge of industry issues, we are able to provide more in-depth, knowledgeable solutions
to our clients. Additional communication, webinars and training are provided throughout the year on a variety
of topics important to the City.
Team Profiles
We know the importance of a strong business relationship, so we keep staffing changes to a minimum year-to-
year. Eide Bailly has a high retention rate, allowing us to provide stability. The following information will provide
an overview of your service team:
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KINNALY SOUKHASEUM, CPA
Partner
909.755.2823 | ksoukhaseum@eidebailly.com
Kinnaly's practice includes audit, accounting and advisory services
to government entities throughout California. She has been
conducting audits of cities, counties, large regional and special
purpose government agencies for over 18 years. Her experience
also includes transit agencies, public utilities and single audits.
She has performed the financial and compliance audits of federal
awards in accordance with Uniform Guidance.
Her single audit experience includes audits of programs from the
Department of Health and Human Services, Department of Housing
and Urban Development, Department of Homeland Security,
Department of Transportation and a variety of other agencies.
Client Work
Advises and assists clients with disclosure, financial reporting and
compliance requirements pursuant to the GFOA Certificate
Program.
Provides training to staff through in-house conferences to ensure
consistency and knowledge throughout the team, and also provides
audit and accounting updates for many of her government clients.
Memberships
American Institute of Certified
Public Accountants
Designation/Licensures
Certified Public Accountant
Education
Bachelor of Science, Business
Administration - University of
California, Riverside
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JESSICA ANDERSEN, CPA
Partner
INSPIRATION: I enjoy working through challenges with our clients, as well as
addressing change such as new financial reporting requirements, or industry
challenges. My goal is to offer proactive solutions and resources to our clients.
949.420.5107 | jandersen@eidebailly.com
Jessica provides audit, accounting and advisory services to
governmental and nonprofit entities throughout California. Her
governmental focus is on cities, counties and special districts,
including transit and public utility agencies. Previously, Jessica
began her professional career with a Big 4 International firm
working with large commercial, healthcare, nonprofit, higher
education and governmental agencies.
When you work with Jessica, you can expect her to get to know you
and your organization and ask questions. She is a planner, and takes
a proactive, not reactive, approach to solving problems and
reaching your goals.
When she isn't working, Jessica is involved in her family's hobbies
and school activities. To slow down, she likes walking her dogs,
cooking in the kitchen and watching movies with her family.
Client Work
Works with governmental entities, such as cities, counties,
transportation and water agencies, advising clients with disclosure,
financial reporting and compliance requirements pursuant to the
GFOA Certificate Program.
Performs financial and compliance audits of federal awards in
accordance with Uniform Guidance including audits of programs
from the Department of Transportation, Department of Housing
and Urban Development, Department of Health and Human
Services and a variety of other agencies.
Provided individualized training and assisted numerous clients with
the implementation of new accounting standards and the Uniform
Guidance.
Memberships
American Institute of Certified
Public Accountants
California Society of Certified
Public Accountants
Government Finance Officers
Association Certificate
Program Special Review
Committee
Designation/Licensures
Certified Public Accountant
Education
Bachelor of Science,
Accountancy - California State
University, Northridge
Bachelor of Science, Business
Administration, Finance -
California State University,
Northridge
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LAURYN STAPLETON, CPA
Senior Manager
909.755.2768 | lstapleton@eidebailly.com
Lauryn has worked with various government entities leading
assurance teams through the planning, performing and completion
of the engagement. She helps assist our clients through the
implementation of new accounting standards and ongoing
accounting and compliance issues.
When you work with Lauryn, you can expect her to take the time to
understand your entity's operations. Lauryn understands the
importance of meeting client deadlines and makes it a priority to
deliver timely work.
Outside of work, Lauryn enjoys spending time with her husband and
two daughters.
Client Work
Performs audits of government agencies including cities, counties,
transportation agencies, special districts, single audits, agreed-upon
procedures and TDA compliance audits.
Successfully managed audits for a variety of clients ranging from
larger entities that hold financial statement line items worth billions
of dollars to small special districts.
Provides insight on best practices with respect to entities internal
controls structure and related activities.
Serves as a resource to provide expertise on accounting issues on
an ongoing basis.
Memberships
American Institute of Certified
Public Accountants
Designation/Licensures
Certified Public Accountant
Education
Bachelor of Accountancy -
California State University,
Long Beach
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MICHAELYN ROELLE, CPA
Senior Associate
909.755.2682 | mroelle@eidebailly.com
Michaelyn provides audit services to governmental entities
throughout California with a focus on cities, counties and special
districts.
When you work with Michaelyn, you can expect her to take her
time to understand your organization and work with you to meet
your goals.
Outside of work, Michaelyn enjoys spending time with family,
outdoors, on the lake and at the race track.
Client Work
More than three years of experience working on audits of
government and nonprofit entities
Memberships
American Institute of Certified
Public Accountants
Designation/Licensures
Certified Public Accountant
Education
Master of Accountancy - Cal
Poly Pomona, Pomona
Bachelor of Science, Business
Administration, Accounting -
Cal Poly Pomona, Pomona
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(E) FIRM OWNERSHIP AND STATE OF INCORPORATION
Eide Bailly is incorporated in Minnesota as a Limited Liability Partnership, with more than 375 partners, 3,000
staff members and over 40 offices in 15 states. The firm is led by:
Firm Management
Jeremy Hauk, CPA, Managing Partner/CEO
Andy Spillum, CPA, Partner, Chief Operating Officer
Mike Astrup, CPA, Partner, Chief Administrative Officer
Ross Manson, Principal, Chief Advisory & Industry Officer
Scott Kost, Principal, Chief Technology Officer
Laura Srsich, CPA, Partner, Chief Talent Officer
Jason Delles, Principal, Chief Growth Officer
Brian Bluhm, CPA, Partner, Chief Quality Officer
Brian Callahan, CPA, Partner, National Market Leader
Stacy Erdmann, CPA, Partner, National Tax Leader
Ben Ellingson, CPA, Partner, National Assurance Leader
Board of Directors
Jeremy Hauk, CPA, Managing Partner/CEO
Derrick Larson, CPA, Chair and Partner
Paul Skeen, CPA, Vice-Chair and Partner
Andy Kaiser, CPA, Partner
Jodi Daugherty, CPA, Partner
Chad Flanagan, CPA, Partner
Jason Oelrich, CPA, Partner
(F) PARENT COMPANY
Eide Bailly is not the subsidiary of a parent company.
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2. References of California Government Agencies
CLIENT REFERENCES
As a top 25 CPA firm, we’ve built our business on relationships and believe our clients to be the best critics of
our service. The clients below have similarities to your organization, and we encourage you to contact them to
learn about their Eide Bailly experiences.
Similar Clients
City of Walnut
21201 La Puente Rd.
Walnut, CA 91789
Project Manager Karen Ogawa, Director of Administrative Services
909.595.0702 | kogawa@ci.walnut.ca.us.
Description ACFR preparation/audit (GFOA), single audit, GANN limit AUP
Date 2020 - Present
Staff Kinnaly Soukhaseum and Lauryn Stapleton
Outcome Timely issuance of all reports for all projects.
City of Indian Wells
44-950 Eldorado Dr
Indian Wells, CA 92210
Project Manager Kevin McCarthy, Finance Director
760.346.2489 | kmccarthy@indianwells.com
Description ACFR preparation/audit (GFOA), GANN Limit AUP, TOT AUP,
Golf Resort AUP, Admissions Tax AUP, Housing Authority AUP
Date 2016-2021
Staff Lauryn Stapleton
Outcome Timely issuance of all reports for all projects.
City on Rancho Mirage
69825 Hwy 111
Rancho Mirage, CA 92279
Project Manager Kofi Antobam, Director of Administrative Services
760.346.2489 | kofia@ranchomirage.ca.gov
Description ACFR preparation/audit (GFOA), GANN Limit AUP, Single Audit,
Library Foundation Audit, Writer’s Festival Audit, TOT AUP
Date 2011-Present
Staff Kinnaly Soukhaseum
Outcome Timely issuance of all reports for all projects.
First 5 LA
750 N. Alameda St, Suite 300
Los Angeles, CA 90012
Project Manager Raoul Ortega, Finance Director
213.574.0575 | rortega@first5la.org
Description ACFR preparation/audit (GFOA)
Date 2020 - present
Staff Kinnaly Soukhaseum
Outcome Timely issuance of all reports for all projects.
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Proud to Serve California Governments
We have worked with local governments in California for over 70 years. A summary of California government
clients served is provided below.
CITIES
City of Alameda City of Folsom City of Lemon Grove City of Rancho Mirage City of Saratoga
City of Brawley City of Foster City City of Los Altos City of Rohnert Park City of South Lake Tahoe
City of Brea City of Glendale City of Monte Sereno City of Roseville City of Suisun City
City of Brentwood City of Gonzales City of Napa City of Sacramento City of Temecula
City of Campbell City of Grand Terrace City of Oceanside City of San Jacinto City of Temple City
City of Chico City of Greenfield City of Palmdale City of San Leandro City of Walnut
City of Concord City of Huntington Park City of Paramount City of San Ramon City of Walnut Creek
City of Dana Point City of Indian Wells City of Pleasanton City of Santa Clara City of Whittier
City of Davis City of Laguna Beach City of Rancho Cordova City of Santa Clarita
City of Fairfield City of Laguna Niguel City of Rancho Palos Verdes City of Santa Cruz
TRANSPORTATION
SunLine Transit District Orange County Transportation Authority Riverside County Transportation Commission
John Wayne Airport Sacramento Area Council of Governments Golden Gate Bridge, Highway & Transportation District
Caltrain Transportation Authority of Marin San Francisco County Transportation Authority
North County Transit District Sacramento International Airport Alameda County Transportation Commission
Monterey-Salinas Transit San Mateo County Transit District Santa Clara Valley Transportation Authority
High Desert Corridor JPA Victor Valley Transit Authority Imperial County Transportation Commission
SR 91 Express Lanes San Joaquin Regional Rail Commission Ventura County Transportation Commission
Omnitrans Solano Transportation Authority Capital SouthEast Connector JPA
SEWER, SANITATION & FLOOD AGENCIES
Bayshore Sanitary District Fairfield-Suisun Sewer District Knights Landing Community Services District
Central Contra Costa Sanitary District Sacramento Area Sewer District Sacramento Regional County Sanitation District
Central Marin Sanitation Agency West Bay Sanitary District Alameda County Waste Management Authority
Cupertino Sanitary District Orange County Waste & Recycling Vallejo Sanitation and Flood Control District
Delta Diablo Sanitation District Oro Loma Sanitary District Madison Community Services District
East Bay Discharge Authority West Valley Sanitation District Riverside County Waste Management
Union Sanitary District Ross Valley Sanitation District
COUNTY GOVERNMENTS WATER AGENCIES
County of Imperial County of Orange Helix Water District Sacramento County Water Agency
County of Riverside County of Shasta Santa Clara Water District Sacramento Groundwater Authority
County of Sacramento County of Solano Reclamation District 2035 Elsinore Valley Municipal Water District
County of San Diego County of Sonoma Santa Margarita Water District Montara Water and Sanitary District
County of San Joaquin County of Ventura Yolo-Davis Clean Water JPA Beaumont Cherry Valley Water District
County of San Bernardino County of Yolo Yucaipa Valley Water District Municipal Water District of Orange County
County of San Benito County of Placer Moulton Niguel Water District California State Department of Water Resources
Suisun-Solano Water Authority
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3. Complete Pricing List
EXPECTED FEES
Our fees are based on the complexity of the issue and the experience level of the staff members necessary to
address it. If you request additional services, we’ll obtain your agreement on fees before commencing work, so
there are no surprises or hidden fees.
We propose the following fees based on our understanding of the scope of work and the level of involvement of
the City’s staff:
Engagement Services and Fees
Professional Services 2023-24 2024-25 2025-26 2026-27 2027-28
Annual Financial Statement Audit $80,000 $86,000 $92,450 $99,384 $106,837
Single Audit1 6,000 6,450 6,934 7,454 8,013
GANN Limit AUP 600 645 693 745 801
State Controller’s Report 5,000 5,375 5,778 6,211 6,677
Additional Consulting Hours
(50 hours) 10,000 10,750 11,556 12,423 13,355
Total Fees2 $101,600 $109,220 $117,411 $126,217 $135,683
1 This fee includes one major program to be tested each year. Additional major programs will be billed at $6,000 per major
program.
2 Total fees include a 5% technology fee used to support and enhance the quality work we provide by investing in technology
and data security.
Out-of-Pocket Fees
The professional fees listed above are inclusive of all out-of-pocket expenses and you’ll not be billed for
expenses such as travel time, mileage and meals.
Billing Policy Regarding Telephone Inquiries
We know clients appreciate access to all their service team members. We embrace this opportunity for constant
communication and will ensure our team members are available when you have questions and issues. This
service is included in the scope of the engagement. If a particular issue surfaces that falls outside the scope of
this engagement, we’ll bring it to your attention and obtain approval before proceeding.
Manner of Payment
Invoices are presented as the work progresses, with an initial invoice at the completion of the interim fieldwork,
a second invoice at the completion of fieldwork and a final invoice following issuance of the audit report.
Future Year Pricing Guarantees
Our fee increases for future years are consistent with inflationary increases in the industry and the proposed
fees are firm for the initial term of the contract. They are contingent upon no major changes to the City, and
that significant accounting and auditing rule changes and procedures remain consistent with current
requirements. Fees don’t include additional time that could be incurred due to changes to the scope of the
engagement.
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4. List of Complementary Services
Complimentary Insights and Webinars
Online Publications: We publish articles related to hot issues within the government accounting arena. Below is
a list of some of the recent articles posted to our website and emailed to our clients:
• Capitalization Policies: Updated Guidance for Capitalizing Group Assets
• Public Safety Equipment Contracts and GASB-96
• What Governments Need to Know about Fiscal Year End
Webinars: We host frequent webinars dedicated to helping you and your organization navigate complex issues.
Each covers a different topic to help evaluate steps necessary to achieve success and remain ahead of the curve.
Eide Bailly 2023 Year-End Governmental Update | Tuesday, December 5 | 12-2 p.m. CT | Register
December 31 year-end is coming up quickly. Join us as we discuss the latest from the Governmental
Accounting Standards Board, including statements that need to be implemented at year-end and what is
coming in 2024.
GOVERNMENT UPDATES
Our complimentary recorded webinars provide a comprehensive overview of the latest
GASB updates and implementation strategies, issues affecting governments, best
practices and pitfalls to avoid.
Recorded Webinars
States and Local Governments Have Risks (Nov. 2023)
Best Practices for Public Sector ERP Modernization Initiatives (Oct. 2023)
How States and Local Governments Can Take Advantage of Energy Credits (Sept. 2023)
June 30th is Coming: Are You Ready? (June 2023)
GASB Public Retirement Plan Update (April 2023)
GASB 87, 94 and 96 An Intro and Comparison (Feb. 2023)
GASB Update for Year-End 2022 (Dec. 2022)
Subrecipient, Beneficiaries and Federal Grant Operations (Nov. 2022)
Government 101: Back to Basics (Sept./Oct. 2022)
GASB-87, Leases: One Last Look for Lessors (June 2022)
GASB-87, Leases: One Last Look for Lessees (March 2022)
A Government’s Risks and What is GASB Proposing to Disclose? (March 2022)
GASB 87, Leases: Your Frequently Asked Questions and Potential Issues (Jan. 2022)
www.eidebailly.com/gasb2023
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5. Staffing and Project Organization
AUDIT METHODOLOGY
At Eide Bailly, we promise you a better overall experience. Though multiple firms are capable of accomplishing
the objectives of an audit, we appreciate that every situation and every organization is different, and our
tailored approach is based on the needs of each client.
We value our business relationships and demonstrate this through partner and manager involvement. Our
senior-level professionals are involved with our clients and accessible throughout the year. They do not delegate
all tasks to staff, but rather stay involved on-site during fieldwork and remain connected throughout the year.
This approach delivers the greatest benefit to our clients because we are able to stay abreast of changes in and
updates to our clients’ operating environments and collaborate to achieve optimal results.
Our clients experience a communication approach that stands apart in both style and frequency. Because we
recognize effective interaction is critical throughout the entire audit process, our service and communication
begins with planning and continues throughout the year. Additionally, we communicate collaboratively with our
clients and include them in the process as our peers. Our clients offer a wealth of knowledge and information
about their organization, and interacting with them as a business peer ultimately produces the best outcome.
Prior to beginning the engagement, we will discuss with management:
• The engagement timeline.
• The audit approach and process.
• Additional considerations that may affect scope, schedules and workpapers to be prepared by your
personnel.
Upon appointment as your auditor, we will discuss the audit schedules and work with you to ensure the timeline
meets your needs and makes the most effective use of your staff members’ time.
Staffing
Our proposed staffing can be found in Firm Background, Experience and Qualification.
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AUDIT WORK PLAN
Our audit approach is designed for collaboration and optimal results. It consists of five major components:
Planning, Interim Work, Fieldwork, Reporting and Ongoing Communication. If awarded, we will discuss with
management our proposed schedule, but we also have the flexibility to make any changes to meet reporting
deadlines. The objectives of each component are described in the following pages:
PLANNING
• Discuss and finalize the engagement timeline, audit approach and process.
• Discuss risks and concerns of the management and accounting staff, including the City
Council, if requested.
• Evaluate the nature of the operating environment (e.g., changes in volume, degree of system
and reporting centralization, sensitivity of processed data, impact on critical business
processes, potential financial impacts, planning conversions and economic and regulatory
environment).
• Review interim financial information and reports to identify significant risks and changes.
• Review significant estimate areas and consider underlying assumptions.
• Update our understanding of the City, its reporting units and their environments.
• Document internal control systems, including IT, and related changes from prior periods.
• Consider fraud, risk of noncompliance, illegal acts, abuse, etc.
• Assess audit risk and identify of potential audit issues.
• Assess materiality and testing scopes, to the extent possible, and present audit plan.
• Prepare and communicate audit request lists and work papers.
• Develop expectations regarding timing and audit progress.
• Update/gain understanding of single audit programs and perform an analysis of potential
major federal programs.
INTERIM WORK: SINGLE AUDIT
Phase I: Risk Assessment and Planning
This phase encompasses the planning and risk assessment of your federal programs. The planning
phase sets the tone as well as set the stage for an efficient and effective single audit. We will work
closely with management to properly identify federal programs and clusters to determine the
major programs to be tested. The steps include:
• Determine grant awards and funding increments.
• Determine the Type A and Type B thresholds.
• Perform a review of the past two single audits and document the program risk to determine
risk, for any programs above the threshold (Type A).
• Make final determination of major programs to be tested.
• Review applicable Uniform Guidance Compliance Supplement for any unusual items and
determine direct and material compliance areas for each major program.
Planning Interim Work Fieldwork Reporting Ongoing
Communication
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Phase II: Major Program Testing
After making the major program determination, we will test the major programs through the
following steps:
• Obtain audit steps from the Compliance Supplement.
• Obtain the process and controls related to the direct and material compliance areas
identified during planning. The controls for each area need to address the five components of
Committee of Sponsoring Organizations of the Treadway Commission (COSO) as required by
Uniform Guidance.
• Select samples for control and compliance testing.
• Perform control testing for effectiveness and compliance testing of selected transactions.
• Report material weaknesses or material noncompliance to management.
• Hold periodic status meetings and discuss potential findings with management while our
auditors are in the field.
Phase III: Assessment and Reporting
The above steps are based on the preliminary Schedule of Expenditures of Federal Awards (SEFA).
Once the SEFA has been finalized, we will determine if any additional major programs are to be
tested. We will:
• Perform major program testing steps for any newly identified programs.
• Review prior findings, if any, and determine if findings were cleared by management and do
not need to be reported during the current year.
• Prepare the Schedule of Findings and Questioned Costs.
• Hold an exit conference with management and key grant personnel and provide a draft
report of the single audit and any Yellow Book findings required to be reported. Findings are
reviewed by the Manager and Engagement Partner prior to the exit conference.
INTERIM WORK: FINANCIAL STATEMENT
• Communicate with management to determine internal controls, perform walk-throughs and
to discuss any potential audit issues.
• Determine audit procedures by area, based on results of planning and risk assessment.
• Determine confirmation needs.
• Prepare listing of audit information requested from the City.
• Review minutes, resolutions and ordinances.
• Perform tests of legal compliance.
• Provide weekly updates to City staff.
• Hold exit conference with management.
FINAL FIELDWORK
• Audit areas based on risk assessment.
• Obtain and prepare schedules and analyses supporting the financial information.
• Discuss findings with management, if any.
• Discuss proposed journal entries with management, if any.
• Finalize single audit testing.
• Provide weekly updates to City staff.
• Hold exit conference with management.
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REPORTING
• Review of financial statements by the Engagement Partner.
• Review of financial statements by the Technical Review Partner to obtain a second opinion
on the completeness and adequacy of financial statement disclosures and audit procedures.
• Complete management letters and review with management.
• Prepare other communications to management and the Financial Advisory Commission
and/or City Council.
• Assist with preparation of the Data Collection Form and the reporting package for submission
to the Federal Audit Clearinghouse.
• Present to the City Council at its regularly scheduled meeting, if requested.
ONGOING COMMUNICATION
• Obtain interim financial statements throughout the year for review.
• Analyze significant changes and identify areas to further tailor our audit plans and keep us up
to date with continuing changes.
• Compare interim results to year-end results for the past few years to identify potential issues
in the financial reporting process.
• Participate periodically at your Council meetings, and any other meetings, upon request.
We take a “no surprises” approach to our engagements. We work closely with management and accounting
personnel throughout the audit process, hold weekly meetings to review open items and discuss potential
accounting or compliance issues and provide periodic written or oral reports on the status of the audit to
representatives of the City. At the end of fieldwork, we will hold an exit conference with management and/or
the Financial Advisory Commission to discuss any potential findings and come to a conclusion. We strive not to
have additional findings subsequent to the exit conference.
Audit Schedule
We understand your requested timeline and are committed to meeting your deadlines.
Eide Bailly commits to you that if your team is prepared for the audit when our team is in the field, we will meet
your deadlines. We will work closely with your team through the planning stages to clearly define expectations
and the items required from your team in order to facilitate an efficient audit to enable us to meet your
deadline. The following table identifies the structure of our audit for City reports and the timing of each section:
Engagement Timeline
Activity Timing
Planning April
Interim May
Fieldwork/ Single Audit Fieldwork October
Exit Conference November
Reporting December
Ongoing Communication Throughout the Year
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We will continue to meet your deadlines. By engaging in thorough audit planning and communications with
management, we begin each engagement with a strong understanding of the various deadlines for each of the
financial and single audits and the steps involved along the way to meet these deadlines. An audit project plan
will be developed between our team and the City and then followed closely, and we will work with the City’s
management team to customize our auditing services and specific timelines to your needs. We believe i n clear,
up-front and open communication with no surprises.
Analytical Procedures
Analytical procedures will be applied throughout general planning to improve our understanding of your
operations and to identify audit areas for increased attention. These will assist in planning the nature, timing
and extent of other procedures, and will be applied to all balance sheet, revenue/receipt and
expense/expenditure areas. Procedures include the comparison of current year to prior year and budget
amounts. Areas that show results different from those anticipated or planned will be further investigated to
determine the validity of the variance.
During Year-end Fieldwork: Analytical procedures are used to test whether errors affecting account balances or
classes of transactions have occurred by comparing the recorded amount with an independently developed
expectation of that amount. The expectation is developed in such a way that a significant difference between
the expectation and the recorded amount is indicative of a financial statement misstatement, unless we can
obtain and corroborate explanations for the difference. Analytical procedures are a natural extension of our
understanding of your business because the key factors that influence your business may be expected to affect
the financial data.
During Reporting: Our last step is to perform a final analytical review at the financial statement level to ensure
we comprehensively understand the financial statements during the audit engagement and to determine
whether the financial statements are appropriately presented and contain appropriate disclosures. Such final
analytical procedures highlight and explain significant changes from the previous year and ensure such changes
are consistent with the knowledge of your business and our audit evidence. These procedures typically consider
trends based on several previous years, instead of comparison only with the prior period.
Internal Control Structure
A significant aspect of the planning process involves understanding each reporting unit’s internal control
environment, including information technology (IT) controls and, where relevant, testing of internal controls.
The following is a summary of our process regarding internal controls over financial reporting and compliance:
Internal Controls over Financial Reporting
Our approach will start with any documentation related to internal controls already developed. We review that
documentation to obtain an overview of the internal control system and then conduct interviews with your staff
to complete the documentation of our understanding related to internal controls and significant changes each
year.
After conducting the interviews, we will evaluate the internal control system design and expected operating
effectiveness for significant areas depending on the reporting unit. By completing control testing in these areas,
we expect to reduce substantive testing to conduct an efficient audit. Our approach will be focused on key
process controls or overall system controls, rather than detailed control processes. We will also focus on key IT
related controls in areas such as revenue, payroll and claims, for more efficiency from an audit perspective
relative to the control process.
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Our risk-based approach incorporates control testing and substantive tests of balances, where appropriate. In
certain areas that are not as significant, we will conduct the audit using a primarily substantive approach. Our
experience is that substantively auditing a balance rather than completing an extensive control test is often
more efficient and effective.
Internal Controls over Compliance
Our approach for internal controls over compliance associated with federal programs is similar to the approach
regarding internal controls over financial reporting related to accumulation, documentation and evaluation of
the control environment.
Test of controls over compliance are required for major federal programs. Our approach identifies key controls
applicable to direct and material compliance requirements for testing, as well as incorporating results from tests
of internal controls over financial reporting and IT.
The approach to understand your internal controls includes:
• Interview City personnel.
• Review organizational charts, accounting and procedure manuals and programs.
• Complete internal control questionnaires.
• Write up system narratives.
• Evaluate items selected for testing.
• Review controls over financial information systems.
The timely completion of this work allows us to perform our work efficiently and promptly communicate any
potential recommendations.
In addition, our engagement approach is based on:
• Observations we believe will help achieve objectives. We are pleased to respond to inquiries about
financial or other business matters.
• The assistance to be provided by your personnel, including preparation of schedules and analyses of
accounts, will be discussed with the finance department. Timely completion of this work will assist us in
performing our work efficiently.
Statistical Sampling
Sampling may be performed for tests of controls, compliance testing and substantive tests of certain accounts
and transactions. During our basic financial statement audit, we will also select various transactions for testing
based on materiality assessed at the appropriate level. These transactions may include such items as capital
asset additions, expenditures, subsequent disbursements and subsequent receipts. We will be pleased to
discuss specific sample sizes and selection methods when they are determined, either during planning or
fieldwork.
We will select the appropriate sample size to support our conclusions in compliance with laws and regulations.
We will use confirmations in areas deemed necessary such as cash and investments, and receivables.
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Determining Laws and Regulations Subject to Audit Test Work
During the planning process, we will also discuss with management and personnel the laws and regulations to
which the City is subject. The objective will be to determine those laws and regulations that could have a
material impact on the financial statements or are pertinent to your federal financial assistance programs. Our
knowledge of such laws and regulations and Government Auditing Standards will be essential to the discussion.
We are aware of the applicable requirements and consider them when determining the necessary audit
procedures.
During our audit procedures, we will:
• Perform tests of compliance with certain provisions of laws, regulations, contracts and grants.
• Assess the risk of material misstatement resulting from violations of laws and regulations having a direct
and material effect on the determination of financial statement amounts. These laws and regulations
can relate to items such as budgetary compliance, purchasing compliance and cash and investment
compliance, as well as single audit compliance, as applicable.
• Combine compliance tests of laws and regulations involving the inspection of documentation supporting
transactions with substantive tests of transactions and tests of control procedures.
Our audit will meet all applicable federal and state requirements. Samples will be used to the extent necessary
to support our conclusions on compliance with laws and regulations.
Multi-Year Approach
We attempt to retain the majority of the audit team in order to develop a historical perspective of the operating
and control environment of the City. This allows us a deeper understanding of the risks surrounding the City and
the ability to perform a thorough audit without a learning curve. Our preliminary review results in a planned
calendar of audit events, timing and expectations based on the budgets and related materials, organizational
charts, manuals and programs, and financial and other management i nformation systems.
We also have the resources to change your engagement team while retaining the organizational insight we gain
over the years, if you think you would benefit from auditor rotation. Eide Bailly’s government professionals have
extensive experience in the industry and an important advantage from the firm’s focus on continuing education.
These individuals are well positioned in organizations associated with government entities, such as the AICPA
and GAQC, the primary purpose of which is to promote the importance of quality government audits and have
held leadership roles in the GFOA.
We will continue to be available throughout the year as a valuable resource to answer questions, have
discussions and confirm the appropriate accounting treatment for unique or infrequent transactions.
Maintaining a Positive Relationship
Our number one goal is to meet the City’s expectations while providing the necessary required audit services.
We work with our teams to provide the best client service and select team members based on that goal.
However, there are times we may not meet that expectation or fall short in client satisfaction. When those times
occur, we admit our shortcomings and meet with management to determine on an agreed-upon plan to
improve those areas.
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As the Engagement Partner, Kinnaly Soukhaseum
will be responsible in monitoring the City’s
satisfaction of our services and will meet with your
management during the year to evaluate the
overall satisfaction and make any necessary
adjustments.
Our clients know and respect us for our positive
culture — we’re also proud to be ranked #8 in the
2024 Vault Accounting 25 list for client interaction.
Over the past three years, our Net Promoter Score
(NPS) has averaged 65, with the most recent score
being 70. For context, the professional survey firm
ClearlyRated reports an average NPS of 39 for the
accounting industry. While we know our score
reflects a high level of satisfaction, we're
committed to consistent and regular improvements
to drive continual improvements for our client
base.
6. Subcontracting Services
After carefully reviewing the requirements of the engagement, we are confident Eide Bailly has the resources
and experience needed to continue to fulfill the requested services in a timely fashion without the need to
subcontract any portion of the engagement.
7. Disclosures
The firm and its partners, as well as our clients, may periodically be the subject of investigations, formal or
informal inquiries, or requests for information from a variety of regulatory agencies. It is the policy of the firm
not to discuss these matters, or any client-related matters, outside of the firm. It is the firm’s opinion that none
of these activities have a material impact to the firm.
No member of the engagement team assigned to the City has been the subject of investigation or action by any
law enforcement or regulatory agency in the past five (5) years.
UNMATCHED CLIENT SERVICE
IS OUR PASSION
Eide Bailly has achieved a
Net Promoter Score of more than 70.
The industry average is 39.
We’re committed to raising the bar for clients
like the City to experience consistent and
regular improvements in the quality of service
we deliver.
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8. Acknowledgement of Insurance Requirements
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9. Non-Collusion Affidavit
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10. Acknowledgement of Addenda
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The Right Choice for the City of La Quinta
YOUR SUCCESS IS OUR SUCCESS
The value of being an Eide Bailly client is that we offer you the best of all worlds. Since we are a full -service firm,
you will have multiple industry specialists available when you need them, but your service team will always be
client focused. You will experience partner involvement during all phases of the engagement, as well as
throughout the year. At Eide Bailly, we promise our clients an experience, second to none, where they feel
understood, connected and confident.
Understood
You have goals and dreams. We’re inspired to help you achieve
those goals now and in the future. By applying our technical and
industry knowledge, we make the complex simple.
Connected
Our professionals bring their expertise and thought leadership to
every interaction with you. You'll benefit from new ideas,
opportunities and solutions as they happen. We’ll connect you
with the right resources and deliver comprehensive solutions in a
respectful, peer-to-peer approach. We keep the answers within
your reach.
Confident
With Eide Bailly beside you, you’ll feel confident addressing challenges and embracing opportunities as they
arise. We go the extra mile to deliver unmatched solutions for your business because your success is our
success.
Our Culture
It’s no secret that culture speaks volumes about a company. Some companies
stand for honesty, trust, accountability, respect and integrity. Others value
passion, teamwork, innovation and superior customer service. At Eide Bailly,
these values and more are at the forefront of our business.
Culture has been the unshakable foundation underpinning 100 years of
growth and innovation. Without it, Eide Bailly would be just a name, instead
of the symbol for ‘business done right’ that it is today. Our clients know and
respect us for our positive culture — we’re also proud to be ranked as a top
10 firm in the Vault 2024 Accounting 25 list for both our culture and for
client interaction.
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GROWING OUR SUCCESSFUL RELATIONSHIP
Our longstanding relationship with the City has allowed us to build efficiencies into the audit process to enable
an efficient and effective audit process. We will continue to leverage this historical knowledge to provide value
to the City beyond our assurance engagement.
We understand and recognize the careful consideration the City must undertake when determining whether to
continue with Eide Bailly as your current accounting firm or transition to a new firm. Other firms responding to
your proposal request will highlight their abilities to create a smooth transition; however, the reality is that a
transition will cause some inconvenience to management and staff. Sometimes circumstances exist that may
ultimately drive your decision to switch firms, but we hope to highlight all the reasons not to.
Eide Bailly has made a commitment to provide you with a level of service and attention that surpasses our
competitors, and more importantly, makes you feel as valued as you are.
To us, work isn’t just work; we see it as a chance to help you solve problems, achieve goals and pursue passions.
After thoughtfully reviewing your needs and taking the time to understand your business, we think w e’re the
best fit for this opportunity.
We can connect you with the knowledge, resources and solutions that help bring confidence to your business
decisions. If you have questions or would like additional information, don’t hesitate to contact us. We want to
make sure you have everything you need to make your decision.
Kinnaly Soukhaseum, CPA
Partner
909.755.2823
ksoukhaseum@eidebailly.com
We Want to Continue to Work with You
We’re driven to help clients take on the now and the next with inspired ideas, solutions and results. We look
forward to maintaining our relationship with you.
ADVANTAGES OF WORKING WITH EIDE BAILLY
Depth of Resources: We have the ability to rotate partners to provide a fresh, objective view.
Additional Offerings: Extensive experience extends firmwide and continues to provide additional resources
at your disposal.
Senior-Level Involvement: Partners and managers are extensively involved throughout the audit process.
Proactive Communication: We’re responsive and direct, and we’ll continue to present information relevant
to decision-making.
A Trusted Advisor: We strive to be your trusted advisor, making recommendations and identifying mutually
beneficial business opportunities.