External auditors outline 2024 audit plan, single-audit coverage and reporting changes
City/county external auditors presented their 2024 audit approach on March 7, highlighting risks around revenue recognition and accrual conversions, federal single-audit programs including ARPA/CSLFRF and COVID awards, and a reporting-entity change that removed the Indianapolis Housing Authority from the city's financial statements.
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External auditors briefing the Indianapolis-Marion County Audit Committee on March 7 summarized the scope, timing and risk focus for the 2024 financial and federal-award audits and described recent reporting changes affecting the city’s financial statements.
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