Oakland County (County) is issuing a Request for Proposal (RFP) to accounting firms for an audit of its financial statements for the fiscal years ending September 30, 2024, through September 30, 2026, with an option to renew for two additional years. These audits are to be performed in accordance with generally accepted auditing standards, the standards set forth for financial audits in the most recently published U.S. Government Accountability Office’s (GAO) Government Auditing Standards, the provisions of the federal Single Audit Act of 1984 (as most recently amended) and U.S. Office of Management and Budget (OMB) 2 CFR Part 200 Subpart F, Audits Requirements, as well as the laws and standards prescribed by the State of Michigan and its Treasurer, and the provisions of Oakland County fiscal policies and procedures as adopted by the County Board of Commissioners.
Statewide