At the beginning of each fiscal year, the council shall engage an independent certified public accountant, or public accountant licensed by the State Board of Accountancy, to act as auditor for the city, such engagement to be at the pleasure of the council. The auditor shall perform an annual audit of the books, financial records and related documents of the city in accordance with generally accepted auditing standards. On or prior to the first regular city council meeting in February of each year, unless an extension is granted by the council, the auditor shall submit to the council a report on the audit for the preceding fiscal year in such detail as the council may direct.
In addition to the regular annual audit, the auditor shall perform such other professional services as the council may require.
(Assembly Concurrent Res. No. 105, Ch. 71, 1973; Res. 126 80-81 §7 (part), Measure G (part), Passed 4-7- 81, Filed in Office of Secretary of State 6-8-81; Res. No. 146 95-96 §1, Measure M, Passed 11-5-96, Filed in Office of Secretary of State 12-19-96)