Audit of Albemarle’s FY24 books on track for completion

As preparation continues for Albemarle next fiscal year, the accounting firm Brown Edwards continues work on an audio of the county’s books for the last one.

“We do know we can say with a good amount of confidence that we’re going to be issuing a clean opinion, an unmodified opinion, and on the financials, and that that is the opinion that you want,” said Megan Argenbright, a partner with the firm.

Argenbright spoke last week at the meeting of the Albemarle Audit Committee, a body made up of two members of the Board of Supervisors, two members of the School Board, and the county’s chief financial officer.

One of the topics brought up at the meeting was how capital expenditures are reported. The accounting team has suggested ways that process might be improved.

Supervisors will get the final version of their audit at their meeting on December 11. That’s after a joint meeting with the School Board scheduled for this Wednesday at 1 p.m.

If you want to take a look at what these documents look like, check out the 2023 Annual Comprehensive Financial Report that’s posted on the website of the Commonwealth of Virginia’s Auditor of Public Account.


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