§ 10.02. Independent annual audit.

The commission shall designate a certified public accountant or certified public accountants who shall during the year conduct an independent investigation of accounts and other financial transactions relating to the city's operation in accordance with generally accepted auditing standards. They shall submit their audit report of all funds as soon as practical after the end of the fiscal year. When deemed appropriate by the auditors, they shall submit their recommendations for procedures to improve the keeping of accounts and records. Said auditors shall have no personal interest, direct or indirect, in the fiscal affairs of the city government or in any of its officers. They shall not retain any accounts or records of the city business, but, within specifications approved by the commission, shall audit the books, records and documents kept by the City of Fort Lauderdale.