22-6658B-SIF - Financial and Compliance Auditing Services

The objective of the audit is to obtain reasonable assurance about whether the County’s
financial statements as a whole are free from material misstatement. Reasonable assurance means a
high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit
conducted in accordance with auditing standards generally accepted in the United States (GAAS) will
always detect a material misstatement when it exists. Misstatements can arise from fraud or error and
are considered material if there is a substantial likelihood that, individually or in the aggregate, they
would influence the judgment made by a reasonable user based on the financial statements.