Summary of Specifications:
The Auditor shall perform a financial audit of the financial statements of all funds, related entities and grant contracts of the Genesee County Office of Senior Services (GCOSS) non-profit 501C3 senior centers and will include the filing of 990’s for each center. Senior Centers are requested to utilize FASB.
The audit shall be conducted in accordance with generally accepted government auditing standards as prescribed in State of Michigan Public Act 2 of 1968, as amended.
The Auditor shall, as part of the written report of audit, submit to the GCOSS a report containing an expression of opinion that the financial statements are fairly stated, or an opinion qualified as to certain funds in the financial statements, or a disclaimer of opinion and the reasons therefore, and shall explain in detail any unusual items or circumstances under which the Auditor was unable to reach a conclusion. The report shall state that generally accepted government auditing standards have been followed in the audit. The management letters to the GCOSS relating to findings or recommendations will be issued in connection with this audit. The local centers boards will retain the rights to be the signor of engagement letters and responsible party.
Final audit reports are to be completed no more than 2 to 3 months after the audit.
