PACA Special Audits RFQ
The Air Force Services Center (AFSVC) requires licensed CPAs or CPA firms to perform financial statement audits of Air Force Nonappropriated Fund Instrumentalities and performance audits of NAFI Services activities, emphasizing high-risk areas identified through risk assessments and annual selection matrices. The PACA Special Audits program covers accounting and transactional compliance, internal controls and segregation of duties, cash management, fixed assets, inventory, food and beverage operations, shared service centers, venture gaming, supplemental mission dining, and agreed-upon procedures. Specific work includes a performance audit of the Shared Service Center at AFSVC in San Antonio, TX, and audits of the DAF Venture Gaming Program’s overseas electronic gaming and slot operations, which are centrally managed by AFSVC in San Antonio, TX. It also includes comprehensive financial statement and operational compliance audits of the Air Force Cadet Dining Fund at the U.S. Air Force Academy in Colorado, plus ad hoc Commander’s Special Interest Audits that may be ordered for any Air Force installation, NAF activity, or fund within scope. Audit engagements are required to provide independent oversight of NAF internal controls, cash management, asset protection, and financial management across the enterprise.