On or before the first day of July of each year, the president, secretary, and treasurer of the North Dakota firefighter’s association shall make to the office of management and budget a full    and complete report, duly verified by the secretary, of the disposition of all moneys received. The association shall provide for an audit annually by a certified public accountant or licensed public accountant who shall submit the audit report to the state auditor’s office. When the report is in the form and style prescribed by the state auditor, the state auditor may not conduct an audit of the records of the association.