Remove all the standing flood water with a pump or buckets and a wet/dry shop vacuum.
Remove any drywall, insulation, ceiling tiles, wood paneling, particle board and other porous material that are warped and soaked with water to 20 inches beyond the water line.
Evaluate the carpet. If the carpet has been wet with sewage water or has been wet for more than 48 hours, it and the padding beneath it must be stripped and thrown away. If the carpet has been wet for less than 48 hours and is less than 10 years old (likely made out of synthetic material that is mold resistant), it may be salvageable. Have the carpet deep cleaned by professionals with experience in dealing with flood or general water damage.
Hose away any flood-deposited surface debris from the wall, floor, remaining furnishings and appliances. Rinse them again. Then remove the rinse water with your wet/dry shop vacuum. Towel dry your furnishing and appliances. Dry the other surfaces with the wet/dry shop vacuum.
Scrub all surfaces with trisodium phosphate (TSP) powder diluted with warm water. Mix 1/2 cup TSP per gallon of water. Wear rubber gloves and goggles as you clean. Towel dry. Do not leave them to air dry, which will encourage more mold growth.
Close the windows and place a dehumidifier in the room for 48 hours to further dry the basement.