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Commissioners approve Baker Tilly contract for GAAP conversion, contingent on council appropriation
Summary
LaPorte County authorized a contract with accounting firm Baker Tilly to convert county financial statements to GAAP for audit purposes (cost ~ $60,000-plus) with approval contingent on the County Council appropriating funds; commissioners noted the liability cap language in the contract.
County staff presented a contract with Baker Tilly to help convert LaPorte County's financial statements to GAAP and support the '24 audit wrap-up and the '25 start. Staff said the work is needed because the county has been filing on a regulatory (cash) basis and must transition to GAAP reporting for audits.
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