Proposal for Auditing Services - Leelanau County

The County of Leelanau is seeking proposals from qualified firms of certified public accountants to audit its financial statements for the fiscal year ending December 31, 2025, with the option of auditing its financial statements for each of the three subsequent fiscal years. The selected auditor will perform professional auditing services, including a financial statement audit, single audit of federal awards, and other related services. The auditor will also be responsible for evaluating the adequacy of internal controls over financial reporting and compliance. • The audit must be conducted in accordance with GAAS, Government Auditing Standards, and Michigan's Uniform Budgeting and Accounting Act. • The auditor must express an opinion on the County's basic financial statements prepared in accordance with GAAP. • The auditor must perform substantive tests and sampling of transactions sufficient to support the opinion expressed. • The auditor must provide a management letter with findings, recommendations, and opportunities for improvement. • The County also seeks an expanded review of its current budgeting and fiscal operations, including evaluation of the County's budget preparation and adoption process, review of forecasting methods, fund balance policies, and fiscal planning, and recommendations for improving efficiency, transparency, and accountability.