The auditor shall provide adjusted financial statements, adjusting entries, supporting schedules, recommendations, revisions, and suggestions for improvements to the Director of Financial Services to facilitate a complete draft of the annual comprehensive report no later than November 15th. The audit shall be conducted in accordance with auditing standards generally accepted in the United States of America, promulgated by the American Institute of Certified Public Accountants (AICPA) and in accordance with the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the provisions of the Federal Single Audit Act and its amendments, the U.S. Office of Management and Budget (OMB) Circular A-133, Audits of States, Local Governments and Non-Profit Organizations, and the Official Code of Georgia Annotated.
