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External auditor issues unmodified opinion on FLVS fiscal 2023–24 statements; no findings reported
Summary
Forvis Mazars presented a clean audit for the fiscal year ended June 30, 2024, issuing an unmodified opinion and reporting no findings on internal controls, federal-grant compliance or state investment-policy compliance.
Forvis Mazars, the district's external auditor, presented the independent audit of Florida Virtual School's financial statements for the fiscal year ended June 30, 2024, and reported an unmodified opinion with no audit findings.
An unmodified opinion indicates the auditors found the financial statements and related notes to be presented fairly, from a materiality standpoint, in accordance with applicable accounting standards. The audit team also reported no internal-control findings identified during planning and fieldwork and no compliance findings in testing major federal programs.
Bill Blinn, Forvis Mazars, told the board the firm performed its work in accordance with applicable audit standards and thanked FLVS staff for full cooperation. "We have provided you with what we identify as an unmodified opinion," he said, adding the auditors did not identify issues in their evaluation of internal control or in federal compliance testing.
The auditors also reported FLVS complied with the Florida statute related to investment policy and issued a management letter required by state auditing rules; that letter did not contain findings for corrective action. The auditor encouraged board members to contact the audit team with follow-up questions during the year.
Board materials and the auditor's communications identify Lisa Hester as the primary FLVS contact during the audit and name Grant White as the senior auditor on the engagement.
