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Charleston County auditor issues unmodified opinion on FY2024; fund balance, federal compliance noted

2167977 · January 29, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

External auditor Scott & Company presented fiscal year 2024 results to the Charleston County Council audit committee, reporting an unmodified opinion, no material weaknesses and improved net position; auditors also reported single-audit coverage of federal programs including HUD CDBG and ARPA.

Michael Slapnik, a certified public accountant with Scott & Company, told the Charleston County Council audit committee on Jan. 14 that the county’s fiscal year 2024 financial statements received an unmodified audit opinion.

"I have nothing but positive things to report about your 2024 audit," Slapnik said, explaining the audit was completed timely with a report date of Dec. 23, 2024.

The nut graf: An unmodified opinion means the auditor found the financial statements to be fairly presented in all material respects. Slapnik also said the firm found no audit adjustments, no material weaknesses or significant deficiencies in internal control over…

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