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North Shenandoah News

Thursday, November 21, 2024

Update on Audit Completion

Update on Audit Completion

The required audit for Fiscal Year 2022 is pending. Due to the complexities associated with GASB 87, reporting of the American Recovery and Reinvestment Act funds, the material adjustments necessary for the Opioid Settlement received in December from the APA, completion of the Management Discussion and Analysis, related GASB disclosures, and applicable GFOA requirements, the final audit report will not be submitted by December 15. We anticipate the audit report being finalized by December 31, 2022. The report will be presented at the next Regular Board of Supervisors Meeting on January 17, 2023. For additional information, please contact Tyler Olsen, Finance Director, at 540-743-4998.

Original source can be found here

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