It is the practice of Marin LAFCo to retain an outside consultant to review and prepare a report at the end of each fiscal year with respect to the agency's financial statements. The purpose of the audit report is to provide an independent assessment of the accuracy of the financial statements as well as to identify any recommendations consistent with generally accepted governmental accounting standards. This includes refining and or establishing policies and procedures relating to accounting, procurement, and fraud prevention. The audit reports are presented to the Commission for formal review and filing at noticed meetings. The most recent audit reports are shown below.