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STATE OF MICHIGAN RICK SNYDER, Governor DEPARTMENT OF TREASURY Andy Dillon State Treasurer AUDIT MANUAL FOR LOCAL UNITS OF GOVERNMENT IN MICHIGAN Audit Manual for Local Units of Government in Michigan
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What is audits of local units?
Audits of local units are financial examinations conducted to ensure that local government entities are adhering to financial regulations and best practices.
Who is required to file audits of local units?
Local government entities such as municipalities, counties, school districts, and other local agencies are typically required to file audits of local units.
How to fill out audits of local units?
To fill out audits of local units, local government entities must gather financial records, documents, and reports that detail their financial transactions for the specified time period.
What is the purpose of audits of local units?
The purpose of audits of local units is to provide transparency and accountability in the financial operations of local government entities, ensuring that taxpayer money is being used appropriately.
What information must be reported on audits of local units?
Audits of local units must include information such as financial statements, revenue sources, expenditures, assets, liabilities, and any findings or recommendations from the auditors.
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