Auditor Appointment Resolution Format In Michigan
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FAQ
Contact your state association of nonprofits, or your state society of CPAs. Check with other professional service providers and organizations similar to your own for recommendations on CPAs and/or audit firms.
A company must carry out a statutory audit once a year for every year they are not exempt. If in one year the company becomes a small company and would be ordinarily exempt from audits, they will still need to continue to complete an audit.
The Office of Internal Audit Services (OIAS) is responsible for providing internal audit services to the executive branch departments of Michigan state government. They provide objective, independent assurance and consulting activities that are designed to add value and improve the State of Michigan's operations.
The Constitution of Michigan mandates the Auditor General to conduct post financial and performance audits of State government operations in Article IV, Section 53.
To appoint a subsequent auditor, certain documents must be submitted, including a certified resolution from the AGM, a written consent letter from the auditor, and a certificate confirming that the auditor is not disqualified under Section 141 of the Companies Act, 2013.
The auditor is a state-level position in 48 states that supervises and has administrative rights over the accounting and financial functions of the state. Additionally, auditors act as watchdogs over other state agencies, performing internal government audits and investigating fraud allegations.
