{"data":{"id":"us-mi/mich.-comp.-laws-141.428","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 141.428","heading":"Contents of audit report.","body":"Sec. 8.\n\nEvery audit report shall do all of the following:\n\nState that the audit has been conducted in accordance with generally accepted auditing standards and with the standards prescribed by the state treasurer.\n\nState that financial statements in such reports have been prepared in accordance with generally accepted accounting principles and with applicable rules and regulations of any state department or agency. Any deviations from such principles, rules, or regulations shall be described.\n\nDisclose any material deviations by the local unit from generally accepted accounting practices or from applicable rules and regulations of any state department or agency.\n\nDisclose any fiscal irregularities, including but not limited to any deviations from the requirements of section 4; defalcations; misfeasance; nonfeasance; or malfeasance that came to the auditor's attention.","path":["MI Code","Chapter 141","Act Act-2-of-1968"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-141-428","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"8bd417bb0f3a1aeb2217f6736893a272fd2640575dbc407152f7f57164925f79","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-141.427","next":"us-mi/mich.-comp.-laws-141.429"},"notice":"GroundRules: Original legal text. Not legal advice."}