Michigan Committee on Governmental Accounting and Auditing Statements

Mission

To provide guidance, in the form of manuals, bulletins and statements, that local units of government may use in complying with PA 2 of 1968, as amended.

Treasury

  • Prescribe a uniform system of accounting and report for counties - MCL 21.41(1)
  • Prescribe a uniform chart of accounts for all local units - MCL 141.421(1)
  • Prescribe minimum auditing procedures and standards - MCL 141.427
  • Publish standard operating procedures, manuals and forms for guidance to local units - MCL 141.421(1), MCL 141.440a(1)
  • Establish an advisory committee that includes members from Treasury, local units, and other interested or concerned groups. - MCL 141.423, MCL 141.440a
  • Submit the Uniform Chart of Accounts, when revised, for a public comment period - MCL 141.423

Advisory Committee

  • Develop manuals, bulletins, and statements that provide guidance to local units of government and comply with state statutes.
  • Review and revise existing publications to ensure information is accurate and complies with state statutes.
  • Convene sub-committees when necessary and dissolve when work product has been accepted by the full committee.
  • Review and adopt revisions to the Uniform Chart of Accounts.
  • Seek input from others based on areas of expertise and/or interest utilizing the communication tools available, i.e. internet.