The Louisiana Legislative Auditor (LLA) is the agency that oversees the expenditure of public funds in Louisiana.
LLA executes this oversight by performing the audits of Louisiana state agencies; and through the review of the audit and other reports of local government agencies and quasi-public organizations (local auditees) in Louisiana that are submitted by private CPA firms.
The Louisiana Governmental Audit Guide (LAGAG) is the document that sets forth the standards by which local auditee engagements must be performed. The LAGAG is authorized by the audit law (Louisiana Revised Statute (R.S.) 24:513 A. (5) (a) (i)); and is jointly published by LLA and the Society of Louisiana Certified Public Accountants’ Governmental Accounting and Auditing Committee; with input from the Louisiana Municipal Association, the Louisiana Police Jury Association, the Louisiana School Board Association, and other interested parties.
The LAGAG incorporates Louisiana law with relevant professional accounting and reporting standards and other information to provide a useful document for CPAs and the agencies that they audit.
For questions about the content contained in the LAGAG, please contact LLA Local Government Services.
- Does the LAGAG contain all of the legal and accounting information a local auditee needs to perform its operations?
- Is the LAGAG considered to be a “safe harbor” document for CPAs to follow, containing all of the guidance they need to follow while performing their audits and other engagements for local auditees?