Rule 2.4.407 - CRITERIA FOR THE SELECTION OF THE INDEPENDENT AUDITOR(1) In selecting an independent auditor to perform an audit under 2-7-503, MCA, a local government entity shall consider the following criteria: (a) listing on department's roster of independent auditors authorized to conduct local government audits;(b) independence, as defined by applicable auditing standards;(c) demonstrated understanding of the work to be performed;(d) technical experience of the independent auditor in conducting similar types of local government entity audits;(e) qualifications of staff to be assigned to the audit;(f) work history of the independent auditor; and(g) the proposed audit fee.(2) The department may require the local government entity to demonstrate that the independent auditor selected is qualified to conduct the audit based on an evaluation of: (a) the criteria established in (1);(b) any additional information requested by and used by the local government entity in selecting the independent auditor; and(c) the results of oral interviews of independent auditors conducted by the local government entity, if appropriate.NEW, 1992 MAR p. 1354, Eff. 7/1/92; TRANS, from Commerce, 2002 MAR p. 2649; AMD, 2007 MAR p. 964, Eff. 7/6/07.2-7-506, MCA; IMP, 2-7-506, MCA;